Tchula, MS39169

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$84,000
6.9% YoY Growth
Median Household Income
$33,400
115.4% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
1.5%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Tchula, MS

Tchula, MS lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.1%N/A
Days on Market
N/AN/A
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Demographics — Tchula, MS

As of the latest ACS Survey released in 2023, Tchula, MS has a population of 2,940, which has increased by 13.7% over the past 5 years. Tchula, MS is a popular place for families, as children make up 31.9% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,94013.7%
% Under 18
31.9%17.3%
% Seniors
8.3%-30.8%
% WFH
2.6%∞%
% w/ College Degree
16.7%94.2%
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As of the latest ACS Survey released in 2023, Tchula, MS is a predominantly black area, with 96.4% of the population identifying as black. The black population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Tchula, MS is white, making up 2.6% of the population. Foreign-born residents account for 0.0% of the population in Tchula, MS, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
2.6%-46.9%
% Black
96.4%1.8%
% Hispanic
0.0%-100.0%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Tchula, MS

According to HUD data as of 2023, there were 14 mortgage originations in Tchula, MS, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Tchula, MS. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
14
% Conventional Loans
93.0%
% Government Loans
7.0%
% Investor Loans
7.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Tchula, MS

Tchula, MS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
114
Total Units Section 8
114
% Rentals under Section 8
20.9%
% Occupied Section 8
86.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$840
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,230
4 BedroomN/AN/A$1,240

Affordability — Tchula, MS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.7
Median Home Price$84,000
Median Household Income$33,400

Tchula, MS — ZIP Code Boundary Map

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Frequently Asked Questions