Housing market/Mississippi/ZIP 38647

ACS 2023 · FY2027 SAFMR

ZIP 38647 Michigan City, Benton County, Mississippi

Benton County, MS HUD Metro FMR Area · Mississippi. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
814
Households
358
Median HH income
$51,210
Renter share
30.2%
Median gross rent
—
Vacancy
6.3%
Pop. change
-1.6%
2BR SAFMR
$940
SAFMR / rent
—
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 38647 · MS — sent to you.

ZIP 38647 · MS

2BR SAFMR$940
90% floor$846
110% ceiling$1,034

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 38647

  • 1-unit detached26268.6%
  • Mobile12031.4%
TypeUnitsShare
1-unit detached26268.6%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile12031.4%

2–4 unit share 0.0% · 5–49 unit share 0.0% · combined 2–49 0.0%.

Units by bedrooms

Studio
0
1BR
58
2BR
64
3BR
160
4BR
100
5+
0

Rent burden

Rent ≥30% of income9.3%
Rent ≥50% of income9.3%
  • Renters paying ≥30% of income 9.3%; ≥50% 9.3%.

Population

814 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 38647 30.2% of occupied households are renters; vacancy is 6.3%; population changed -1.6% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Mississippi research

ZIP 38647 is a Census / HUD profile for Benton County, MS. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

FAQ

What is the housing market like in ZIP 38647?

ZIP 38647 (Benton County, MS HUD Metro FMR Area) has 814 residents, 358 households, a renter share of 30.2%, median household income of $51,210, and ACS 2023 median gross rent of —. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 38647?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is — units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 38647?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 38647 — Michigan City, MS HUD Section 8 Payment Standards / SAFMR.

Does this Mississippi ZIP profile include Georgia listings?

No. ZIP 38647 is Census / HUD research for Benton County, MS HUD Metro FMR Area. Jeff Crowe CRE does not list Mississippi property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.