Falkner, MS
Full City Profile · Mississippi · Tippah County County
3.4
/5.0
B
Good
786
Population
155/sq mi density
$56,354
Median Income
$23,728 per capita
$100,300
Home Value
$164,785 Zillow
$700
Median Rent
22.5% income on rent
60°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$56,354 median income, 12.5% unemployment
A+
Affordability
5.0 / 5.0
$100,300 home value, $700/mo rent
C
Education
2.4 / 5.0
18.1% bachelor's degree or higher
Housing Overview
Median Home Value
$100,300
64% below
US avg: $281,900
Median Rent
$700/mo
40% below
US avg: $1,163/mo
Homeownership Rate
92.2%
41% above US avg (65.4%)
Total Housing Units
345
Median year built: 1985
Home Value by Source
Census Median
$100,300
Zillow (ZHVI)
$164,785
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.2%
Owner-Occupied
7.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$751/mo
1 Bedroom
$782/mo
2 Bedroom
$924/mo
3 Bedroom
$1,177/mo
4 Bedroom
$1,295/mo
Census median rent:
$700/mo
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
92.2%
Complete Housing Data
Home Values
| Census Median Value | $100,300 |
| Zillow Home Value (ZHVI) | $164,785 |
Rent
| Census Median Rent | $700 |
| FMR Studio | $751 |
| FMR 1-Bedroom | $782 |
| FMR 2-Bedroom | $924 |
| FMR 3-Bedroom | $1,177 |
| FMR 4-Bedroom | $1,295 |
Market
Ownership & Stock
| Owner-Occupied | 92.2% |
| Renter-Occupied | 7.8% |
| Homeownership Rate | 92.2% |
| Total Housing Units | 345 |
| Median Year Built | 1985 |
| Rent Burden | 22.5% |