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Lake, MS
Full City Profile · Mississippi · Newton County County
2.8
/5.0
C+
Fair
523
Population
103/sq mi density
$37,813
Median Income
$21,152 per capita
$73,900
Home Value
$132,044 Zillow
$739
Median Rent
26.8% income on rent
63°F
Avg Temperature
323 sunny days/yr
660
Violent Crime/100K
4,217 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$37,813 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$73,900 home value, $739/mo rent
F
Safety
1.0 / 5.0
660 violent crimes/100K (74% above avg)
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher
Housing Overview
Median Home Value
$73,900
74% below
US avg: $281,900
Median Rent
$739/mo
36% below
US avg: $1,163/mo
Homeownership Rate
60.1%
8% below US avg (65.4%)
Total Housing Units
198
Median year built: 1978
Home Value by Source
Census Median
$73,900
Zillow (ZHVI)
$132,044
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.1%
Owner-Occupied
39.9%
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:
$739/mo
Affordability & Housing Stock
Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
60.1%
Complete Housing Data
Home Values
| Census Median Value | $73,900 |
| Zillow Home Value (ZHVI) | $132,044 |
Rent
| Census Median Rent | $739 |
| 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 | 60.1% |
| Renter-Occupied | 39.9% |
| Homeownership Rate | 60.1% |
| Total Housing Units | 198 |
| Median Year Built | 1978 |
| Rent Burden | 26.8% |