Mississippi
Grenada County
ZIP 38929
21,342 residents5 permits TTM$47,998 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$123,400
ACS 5-Year
Cap rate proxy
8.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
20.6%
HUD FMR ÷ ACS HHI
Net migration
+0.80%
IRS SOI
Permits (TTM)
5
Census BPS
Climate risk
55.4
FEMA NRI (0–100)
ZIP 38929
Median home value
—
Gross yield
—
Cap rate
8.9%
Rent gap
—
Affordability
P/I: 2.3R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 38929 | — | — | — | 8.9% | — |
| 38901 | — | — | — | 7.4% | — |
| 38940 | — | — | — | 6.8% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
62.9%
Census ACS
Vacancy rate
18.1%
Census ACS
Bachelor's degree +
23.7%
Census ACS
Rent burdened
37.3%
Census ACS (>30% income)
Median age
38.9
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026