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

Is Booneville, Mississippi a good place to live?
Booneville is a city in Mississippi state in USA with a population of 8539 residents.. The poverty rate of Booneville is 25.9%, which is 85% higher than national average. The typical household in Booneville earns $42225 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 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Booneville, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Booneville remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Booneville, only 22% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Booneville is 79, which is 21% lower than national average. Median home value in Booneville is $127400 , which is 45% lower than national average. While median income in Booneville remained $42225, which is 37% lower than national average.
Population
8539
Unemployment
3.2%
32% NAT AVG.
Poverty
25.9%
85% NAT AVG.
Overall Score
5
Median Home Cost
$127400
45% NAT AVG.
Median Income
$42225
37% NAT AVG.
Median Rent
$510
56% NAT AVG.
Cost Of Living
79
21% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 31
People Earning < $10,000
1 in 6
People Earning < $50,000
59.8%
People with <= High School
1 in 2.2
People With Any Degree
1 in 2.6
Pros & Cons Overview

Jobs70%

Housing40%

Affordability80%

Safety60%

Amenities60%

Diversity80%

Education60%

Commute90%