Tallahatchie County Area Home Supply Charts

This page looks at a variety of Tallahatchie County Mississippi housing market data taken from the most recent 2019 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Tallahatchie County shows it has a housing units of 5,596 which is the second smallest as measured by housing units of all the other counties in the local area.

Figure 2 illustrates the housing density in the Tallahatchie County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Tallahatchie County depicts it has a housing density of 8.7 which is the smallest in order of housing density of all the other counties in the metropolitan area. The county with the highest housing density in the area is Grenada County which depicts a density of 24.3 (approximately 2.8 times bigger). Comparing housing density to the United States average of 38.6, Tallahatchie County is approximately a fifth the size. Also, compared to the state of Mississippi, housing density of 27.9, Tallahatchie County is approximately a third the size.

In Figure 4, Tallahatchie County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Tallahatchie County depicts it has a change in the housing units of 1.2% which is the third most housing units of all other counties in the greater Tallahatchie County region. The county with the highest change in the housing units in the area is Yalobusha County which depicts a housing units of 2.2% (about twice as large). Comparing change in the housing units to the United States average of 4.9%, Tallahatchie County is approximately a quarter the size. Also, versus the state of Mississippi, change in the housing units of 3.2%, Tallahatchie County is approximately a third the size.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Tallahatchie County shows it has a renter percent of 26.1% which is the smallest when ranked by renter percent of all the other counties in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 73.9% which is more than all other counties in the greater Tallahatchie County region.

Tallahatchie County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Tallahatchie County home price is illustrated for this community and a useful analysis of affordable housing. Tallahatchie County shows it has a median home price of $63,500 which is the second smallest when ranked by median home price of all the other counties in the metro area. The county with the highest median home price in the area is Grenada County which shows a home price of $99,700 (57.0% larger). Figure 8 provides aggregate comparative data for the Tallahatchie County Mississippi metro area in terms of the median housing rental rate, apartment rent, etc. Tallahatchie County shows it has a rental rates of $504 which is the smallest in order of rental rates of all the other counties in the metro area. The county with the highest rental rates in the area is Panola County which depicts a rental rates of $652 (29.4% larger). Comparing rental rates to the United States average of $1,023, Tallahatchie County is approximately half the size. Also, compared to the state of Mississippi, rental rates of $762, Tallahatchie County is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Tallahatchie County has one of the largest proportions of home price worth less than $50,000 at 40% of the total and is ranked #2. The only larger county being Quitman County with 46%. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 38% of the total and is ranked #1. Third, it has the largest proportion of home price worth between $750,000 to $1,000,000 at 1% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Tallahatchie County depicts it has a median ownership cost of $459 which is the second smallest as measured by median ownership cost of all the other counties in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Tallahatchie County metro area. it has a cost as a percent of household income of 17% which is the second most cost as a percent of household income of all the counties in the greater Tallahatchie County region. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Tallahatchie County depicts it has a median home value as a percent of median worker earnings of 197% which is the second smallest when ranked by median home value as a percent of median worker earnings of all the other counties in the metro area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Tallahatchie County shows it has a median housing cost of $849 which is the second smallest in terms of median housing cost of all the other counties in the local area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a median housing cost of $323 which is the second smallest as measured by median housing cost of all the other counties in the local area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Tallahatchie County has one of the largest proportions of owner cost less than $300 at 27% of the total and is ranked #2. The only larger county being Quitman County with 31%.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Tallahatchie County shows it has a cost as a percent of household income of 24% which is the second most cost as a percent of household income of all the counties in the greater Tallahatchie County region. The county with the highest cost as a percent of household income in the area is Quitman County which depicts a cost as a percent of household income of 27% (13.6% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Tallahatchie County indicates it has a cost as a percent of household income of 13% which is less than most other counties in the area. The county with the highest cost as a percent of household income in the area is Quitman County which depicts a cost as a percent of household income of 15% (16.2% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Tallahatchie County has the largest proportion of rent as a percent of income is less than 10 pct at 5% of the total and is ranked #1. Second, it has less than most other counties in the area in order of rent as a percent of income is between 10pct to 20pct at 13% of the total. Third, it has the largest proportion of rent as a percent of income is between 30pct to 40pct at 16% of the total and is ranked #1. Also, it has the smallest proportion of rent as a percent of income is between 40pct to 50pct at 5% of the total. In addition, it has the smallest proportion of rent as a percent of income is over 50pct at 7% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Tallahatchie County has the largest proportion of housing cost between $300 and $500 at 27% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $500 and $700 at 14% of the total. Third, it has the smallest proportion of housing cost between $700 and $1,000 at 17% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a median real estate taxes paid of $592 which is less than most other counties in the area. The county with the highest median real estate taxes paid in the area is Leflore County which depicts a taxes paid of $891 (50.5% larger). Comparing median real estate taxes paid to the United States average of $2,375, Tallahatchie County is approximately a quarter the size. Also, benchmarked against the state of Mississippi, median real estate taxes paid of $924, Tallahatchie County is approximately three-fourths the size.

Figure 22 shows the percentage of renters who pay for utilities in Tallahatchie County Mississippi. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Tallahatchie County has the smallest proportion of pay extra for utilities at 89% of the total. Second, it has the largest proportion of utilities included in rent at 11% of the total and is ranked #1.

Figure 23 shows the rental rate distribution for this area. Tallahatchie County Mississippi has one of the largest proportions of rent between 300 and 500 dollars at 23% of the total and is ranked #2. The only larger county being Leflore County with 27%. Second, it has the smallest proportion of rent between 500 and 750 dollars at 19% of the total. Third, it has the smallest proportion of rent between 750 and 1000 dollars at 11% of the total.

Tallahatchie County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Tallahatchie County has one of the largest proportions of no mortgage at 61% of the total and is ranked #3. Only #2 Coahoma County (63%), and #1 Quitman County (70%) are larger.

Tallahatchie County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 3.3 which is in the mid point range of other counties in the local area. The county with the highest family members per housing unit in the area is Leflore County which shows a family members per housing unit of 3.8 (15.3% larger). Comparing family members per housing unit to the United States average of 3.3, Tallahatchie County is about the same size. Also, benchmarked against the state of Mississippi, family members per housing unit of 3.3, Tallahatchie County is about the same size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 5.5 which is in the mid range of other counties in the greater region. The county with the highest average number of rooms in a house in the area is Quitman County which depicts an average number of rooms in a house of 5.8 (only about 5.5% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a year built of 1978 which is the third most of all other counties in the local area. The county with the highest year built in the area is Panola County which depicts a year built of 1986 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 1940 to 1949 at 7% of the total and is ranked #3. Only #2 Quitman County (7%), and #1 Coahoma County (8%) are larger.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units the second smallest when ranked by owner-occupied housing units of all the other counties in the area at 3,145 of the total. Second, it has the smallest proportion of renter housing units at 1,108 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the smallest proportion of one unit attached at 0% of the total. Second, it has the smallest proportion of 2 units at 1% of the total. Third, it has the smallest proportion of 5 to 9 units at 0% of the total. Also, it has one of the largest proportions of mobile home at 27% of the total and is ranked #2. The only larger county being Panola County with 29%. In addition, it has the largest proportion of boat, rv, van, etc. at 0% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2014 or later at $107,400 of the total and is ranked #3. Only #2 Yalobusha County ($140,900), and #1 Panola County ($158,700) are larger. Second, it has the second smallest when ranked by value of homes built 2014 or later of all the other counties in the local area in terms of value of homes built 2010 to 2013 at $49,000 of the total. Third, it has less than most other counties in the metro area as measured by value of homes built 2000 to 2009 at $82,400 of the total. Also, it has the smallest proportion of value of homes built 1990 to 1999 at $37,300 of the total. In addition, it has the second smallest in terms of value of homes built 2014 or later of all the other counties in the local area as measured by value of homes built 1980 to 1989 at $51,900 of the total. Furthermore, it has one of the largest proportions of value of homes built 1970 to 1979 at $78,000 of the total and is ranked #3. Only #2 Yalobusha County ($86,800), and #1 Grenada County ($89,600) are larger. Next it has less than most other counties in the area as measured by value of homes built 1960 to 1969 at $66,300 of the total. Additionally, it has less than most other counties in the metro area in order of value of homes built 1950 to 1959 at $71,300 of the total. And then, it has one of the largest proportions of value of homes built 1940 to 1949 at $76,100 of the total and is ranked #3. Only #2 Leflore County ($85,500), and #1 Grenada County ($96,300) are larger. Also, it has less than most other counties in the local area in order of value of homes built 1939 or earlier at $72,400 of the total.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the smallest proportion of occupied housing units at 76% of the total. Second, it has the largest proportion of vacant housing units at 24% of the total and is ranked #1.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Tallahatchie County residents. it has a homeowner household size of 2.6 which is the third most homeowner household size of all other counties in the greater Tallahatchie County region. The county with the highest homeowner household size in the area is Leflore County which depicts a homeowner household size of 2.7 (only about 3.5% larger).

Figure 37 shows the household size for renters. Tallahatchie County depicts it has a renter household size of 2.6 which is less than most other counties in the surrounding region. The county with the highest renter household size in the area is Panola County which shows a renter household sizes of 2.9 (11.2% larger). Figure 38 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2000 to 2009 at 26% of the total. Second, it has the largest proportion of owners moved in 1990 to 1999 at 27% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Tallahatchie County has the percentage of renters moved in 2017 or later the second smallest in terms of renters moved in 2017 or later of all the other counties in the metro area at 3% of the total. Second, it has the second smallest as measured by renters moved in 2017 or later of all the other counties in the greater region in terms of renters moved in 2015 to 2016 at 13% of the total. Third, it has the largest proportion of renters moved in 1990 to 1999 at 17% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 1999 which is the smallest when sorted by median year that a home owner moved in of all the other counties in the area. Figure 41 compares the median year that renters moved into their home. Tallahatchie County shows it has a median year that a renter moved in of 2011 which is the smallest in terms of median year that a renter moved in of all the other counties in the greater region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using natural gas less than most other counties in the metro area at 24% of the total. Second, it has the largest proportion of home using bottled, tank, or lp gas at 36% of the total and is ranked #1.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Tallahatchie County housing department, Mississippi department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Tallahatchie County depicts it has a total people living in group quarters of 3,320 which is the most of all counties in the greater Tallahatchie County region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Tallahatchie County residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Tallahatchie County has the largest proportion of number of people 18 years of age and older living in group quarters at 100% of the total and is ranked #1.