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Petal, MS

Full City Profile · Mississippi · Forrest County County

3.3 /5.0
B Good
11,195 Population 662/sq mi density
$72,845 Median Income $29,979 per capita
$161,400 Home Value $220,877 Zillow
$958 Median Rent 24.7% income on rent
67°F Avg Temperature 306 sunny days/yr
28 Violent Crime/100K 570 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$72,845 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$161,400 home value, $958/mo rent
F
Safety
1.0 / 5.0
28 violent crimes/100K
B
Education
3.3 / 5.0
29.1% bachelor's degree or higher

Housing Overview

Median Home Value
$161,400
43% below
US avg: $281,900
Median Rent
$958/mo
18% below
US avg: $1,163/mo
Homeownership Rate
72.3%
11% above US avg (65.4%)
Total Housing Units
4,437
Median year built: 1977

Home Value by Source

Census Median
$161,400
Zillow (ZHVI)
$220,877
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.3%
Owner-Occupied
27.7%
Renter-Occupied
72%
28%
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: $958/mo

Affordability & Housing Stock

Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
72.3%

Complete Housing Data

Home Values

Census Median Value$161,400
Zillow Home Value (ZHVI)$220,877

Rent

Census Median Rent$958
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-Occupied72.3%
Renter-Occupied27.7%
Homeownership Rate72.3%
Total Housing Units4,437
Median Year Built1977
Rent Burden24.7%