38611, Byhalia, MS

The 38611 zip code of Byhalia, MS has a population of about 10,000 people. The median household income in this zip code is $40,000. The home equity and home prices in this zip code are both relatively high. As of September 2017, the median home value in this zip code is $158,500. This is a significantly higher value than the median household income in this zip code which means that there is a large disparity between the values of homes and incomes in this zipcode.

One reason that homes and incomes are so disparate in the 38611 zip code is that there are a lot of expensive homes located here. The average home value in this zip code is $158,500 which makes it one of the most expensive ZIP codes in Mississippi. Additionally, Byhalia is located close to Jackson which means that there are a lot of affluent people living here who can afford to buy expensive homes.

Another reason why homes and incomes are so disparate in the 38611 zip code is that there are not as many affordable homes available for purchase. The average home value in this ZIP Code is $158,500 which makes it one of the most expensive ZIP Codes in Mississippi as well as one of the most difficult to purchase an affordable home within. This means that even if someone has a lower income than average they will likely not be able to purchase an affordable home within the 38611 ZIP Code.