Is Baldwyn, Mississippi a Good Place To Live? - Living In Baldwyn, MS

Is Baldwyn, Mississippi a good place to live?
Baldwyn is a city in Mississippi state in USA with a population of 2674 residents.. The poverty rate of Baldwyn is 22.5%, which is 61% higher than national average. The typical household in Baldwyn earns $31875 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.4% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Baldwyn are struggling financially. Nearly one in every 1 in every 5 workers in Baldwyn is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Baldwyn, only 78% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Baldwyn remained 19.1%, which is 306% higher than national rate. Nearly 4 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Baldwyn, only 12% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Baldwyn is 0, which is 100% lower than national average. Median home value in Baldwyn is $93200 , which is 59% lower than national average. While median income in Baldwyn remained $31875, which is 53% lower than national average.
Population
2674
Unemployment
19.1%
306% NAT AVG.
Poverty
22.5%
61% NAT AVG.
Overall Score
4
Median Home Cost
$93200
59% NAT AVG.
Median Income
$31875
53% NAT AVG.
Median Rent
$433
63% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 5
People Earning < $10,000
1 in 7
People Earning < $50,000
66.4%
People with <= High School
1 in 1.7
People With Any Degree
1 in 5
Pros & Cons Overview

Jobs30%

Housing40%

Affordability80%

Safety50%

Amenities50%

Diversity85%

Education40%

Commute95%