Counties / Arkansas / Mississippi County

Mississippi County, AR

FIPS 05093 · population 39,126 · outside every metro area

$120k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$120k
▲ 4.9% year over year
Zillow ZHVI · direct
ACS median gross rent
$830
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$880
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+41.3%not annualized · through 2025
0%ZILLOW ZHVI2026-06+4.9%FHFA HPI2025+2.3%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$123k
Surveyed gross rent$830
Rent burden 30%+51.5%
Median year built1977
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
19.2%vacant
19,133estimated housing units
Occupied tenure40.1% renter
owner 59.9%renter 40.1%
Structure mix71.0% single-family
Single-family 71.0%20+ units 0.3%Mobile home 7.1%Other 21.7%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs19,776▼ 1.8% from the prior annual release
Covered establishments1,058annual average reporting locations
Average weekly wage$1,484▲ 6.3% from the prior annual release
Largest private supersectorManufacturing38.6% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−1.8%WEEKLY WAGE+6.3%Manufacturing38.6%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Mississippi County’s decision tension is a $119,787 Zillow county median home value in 2026-06, up 4.85% year over year, against softer visible MLS listing conditions. It merits investigation by buyers who can test rents, taxes and seismic insurance house by house; buyers dependent on broad appreciation or rapid absorption should be cautious. FHFA’s 2025 annual repeat-transaction HPI rose 2.25%. That is an appreciation index, not a home value, and its date and method differ from Zillow’s, so the measures cannot be averaged or treated as one growth interval.

02Housing economics

Housing economics remain unproven. County market rent is not published, so gross yield cannot be computed. HUD’s supplied two-bedroom FMR is a payment standard rather than a market asking-rent estimate and cannot fill that gap. The effective property-tax rate is 0.52%, a county benchmark requiring parcel confirmation. Without market rent, neither the Zillow value nor that tax rate establishes property cash flow.

03Demand & competition

Realtor.com’s MLS listing evidence shows median listing price down 3.96% year over year, active listings up 5.02%, and 21.69% of listings reduced. These are asking-price, visible-supply and seller-concession measures—not closed-sale prices or buyer demand by themselves. Annual QCEW covered jobs at county workplaces fell 1.8%; this is not resident employment or unemployment. Manufacturing is the largest disclosed private supersector, making employer exposure a tenant and resale due-diligence question.

04Risk & next checks

Tax-return migration recorded a net outflow of 60 households, while average income for out-movers exceeded that of in-movers by $689. This is moving-household evidence, not a demand forecast. Investors accounted for 36 of 298 purchases, or 12.08%; it measures nonoccupant purchase-mortgage participation, not cash buyers or rent-setting power. The modeled annual climate loss ratio is 0.28% of building value; alongside the designated earthquake hazard, it warrants property-specific insurance, retrofit and condition review. Market rent, closed-sale comps, leases, occupancy and insurance terms are not published, preventing yield, exit-price and hazard-cost conclusions.

Cities & communities

Where people live within Mississippi County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Blytheville city12.8KOsceola city6.7KManila city3.7KGosnell city2.8KLeachville city1.9KWilson city1KKeiser city774Luxora city741
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

18 Census places

Population
  1. 01
    Blytheville cityIncorporated place
    12,790
  2. 02
    Osceola cityIncorporated place
    6,688
  3. 03
    Manila cityIncorporated place
    3,691
  4. 04
    Gosnell cityIncorporated place
    2,778
  5. 05
    Leachville cityIncorporated place
    1,852
  6. 06
    Wilson cityIncorporated place
    1,023
  7. 07
    Keiser cityIncorporated place
    774
  8. 08
    Luxora cityIncorporated place
    741
  9. 09
    Joiner cityIncorporated place
    454
  10. 10
    Armorel CDPCensus-designated place
    345
  11. 11
    Etowah townIncorporated place
    316
  12. 12
    Dyess townIncorporated place
    289
Show 6 more places
  1. 13
    Burdette townIncorporated place
    233
  2. 14
    Dell townIncorporated place
    176
  3. 15
    Bassett townIncorporated place
    118
  4. 16
    Marie townIncorporated place
    50
  5. 17
    Birdsong townIncorporated place
    35
  6. 18
    Victoria townIncorporated place
    0

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardearthquake

0.279% of building value expected lost per year

Effective property tax0.52%

$635 median annual bill

02
DemandIRS SOI household flows
Net migration-60

737 in · 797 out

Arriving vs leaving income−$689

$40,745 arriving · $41,434 leaving

03
CompetitionHMDA financed purchases
Purchases by investors12.1%

36 of 298 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings115▲ 5.0% year over year
Median days on market53▼ 0.9% year over year
Listings price-reduced21.7%seller-concession signal
Median listing pricen/a▼ 4.0% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Achievable rents, vacancy and operating costs may not support cash flow at the relevant purchase price.
  2. Countywide listing, migration and QCEW measures may not describe the target neighborhood or property type.
  3. Seismic condition, insurance availability and deductibles may differ materially from the county-level modeled loss measure.
Underwriting questions

Before pricing a property

What prevents a gross-yield calculation?

Market rent is not published, and HUD FMR is not a market-rent estimate.

What do the Realtor.com measures represent?

They are MLS listing-market evidence on asking prices, active supply, marketing time and price reductions, not closed sales.

Does investor participation measure all buyers?

No. It measures nonoccupant purchase-mortgage participation and does not include cash buyers.