Mississippi

Lafayette County

ZIP 38655

56,920 residents497 permits TTM$64,334 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$260,500

ACS 5-Year

Cap rate proxy

5.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.4%

HUD FMR ÷ ACS HHI

Net migration

+1.20%

IRS SOI

Permits (TTM)

497

Census BPS

Climate risk

64.4

FEMA NRI (0–100)

ZIP 38655

Median home value

Gross yield

Cap rate

6.9%

Rent gap

Affordability

P/I: 6.4R/I: 44.1%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown6 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
386276.5%
386015.3%
386775.0%
389495.0%
386556.9%

Ranked by composite score

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Demographics

Owner-occupied

63.2%

Census ACS

Vacancy rate

34.9%

Census ACS

Bachelor's degree +

44.3%

Census ACS

Rent burdened

47.9%

Census ACS (>30% income)

Median age

30.9

Census ACS

Data sources
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