39167, Star, MS

The 39167 zip code of Star, MS is located in the southeastern corner of the state and includes a population of approximately 16,000. The median household income in this zip code is $42,500 and the median home value is $128,000. The average home size in this zip code is 2,851 square feet.

The 39167 zip code has a high rate of home equity ownership compared to other ZIP codes in Mississippi. In 2016, 54% of households in this zip code had at least some form of home equity (meaning they own their homes outright or have a mortgage that does not require monthly payments). This rate is significantly higher than the statewide average of 33%. Additionally, the median value of homes in this zip code is nearly double the statewide median value ($64,000 vs. $30,000). These high rates may be attributable to several factors including low interest rates and strong economic growth over recent years.

Despite these high rates of home equity ownership and values, there are still some areas within the 39167 zip code where housing prices are relatively lower than average. For example, housing prices are below average near the city limits (~$130K vs. $160K) and around Starkville (~$130K vs.$160K). Additionally, while housing prices have increased rapidly over recent years in most parts of Star (with an annualized growth rate above 20%), prices have not yet reached their peak in some areas (~20% growth expected through 2020). As such, it appears that there remains potential for further price appreciation within this area over time.