Quick facts: Sardis, MS

Quick Facts

92.7
Cost of Living
below US average
1,696
Population
8.84
Crime Rate per 1000
below US average
$32,863
Median Income
below US average
$190,000
Median House Price
above US average
$1309
Average Rent
below US average
18%
Poverty Rate
above US average
5.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $32,863.

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Income Needed to Buy

βœ— Stretch
$60k/year
Based on $190,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $60k vs median $32,863
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Income Needed to Rent

⚠ Stretch
$56k/year
Based on $1309/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $56k vs median $32,863
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sardis, MS

Sardis, Mississippi, is a small town located in Panola County, known for its close-knit community and rich Southern traditions. With a population of approximately 1,300 residents, Sardis offers a peaceful, rural lifestyle along with charming scenery dominated by beautiful landscapes and nearby lakes. The town is situated near Sardis Lake, a popular destination for fishing, boating, and outdoor activities, which draws visitors looking for recreational pursuits. Sardis also boasts a historic downtown area with local shops and eateries that reflect the character of the region, making it an inviting place for both residents and visitors. Surrounded by agricultural land, Sardis embraces the slower pace of life often associated with small-town living while maintaining access to larger cities like Batesville and Oxford, which are just a short drive away. This proximity provides residents access to a wider range of amenities, including shopping, dining, and cultural offerings. Overall, Sardis is a quaint representation of Mississippi's charm, filled with Southern hospitality and a strong sense of community.

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