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
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-Occupied | 72.3% |
| Renter-Occupied | 27.7% |
| Homeownership Rate | 72.3% |
| Total Housing Units | 4,437 |
| Median Year Built | 1977 |
| Rent Burden | 24.7% |
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