Housing data for Shannon, MS
Shannon, MS has an estimated 1,383 residents and 765 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Lee County.
38.5% of households rent.
The median gross rent is $822 a month.
Figures last updated on .
- Residents
- 1,383 (±420)
- Housing units
- 765 (±181)
- Households that rent
- 38.5%
- Median gross rent
- $822
- Residents since 2015–2019
- −25.2%
What stands out in Shannon
Median real estate taxes: $714 (±$335) in Shannon, lower than in Lee County ($1,384).
Median household income: $42,297 (±$10,223) in Shannon, lower than in Lee County ($67,863).
Median home value: $130,900 (±$23,779) in Shannon, lower than in Lee County ($199,500).
Housing in Shannon at a glance
- Median rent: $822 median gross rent a month
- Rent by bedrooms: $813 median gross rent, 2 bedrooms
- Rent burden: 29.3% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 38.5% of households rent
- Income and affordability: $42,297 median household income
- Home values: $130,900 median home value
- Homeowner costs: $1,058 median monthly cost with a mortgage
- Property taxes: $714 median real estate taxes a year
- Types of homes: 12.4% of homes are in buildings of 5 or more units
- Bedrooms: 67.5% of homes have 3 or more bedrooms
- Age of homes: 44.1% of homes were built before 1980
- Vacancy rate: 8.7% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 50.0% heat with utility gas
- Commute and cars: 21.7 minutes average trip to work
- Growth: −25.2% residents since 2015–2019
- How long people stay: 24.4% moved in since 2020
- Crowding and facilities: 3.7% of homes have more than 1 person per room (Small sample: wide margin of error)
Shannon against Lee County, its state and the nation
| Shannon | Lee County | Mississippi | United States | |
|---|---|---|---|---|
| Residents | 1,383 (±420) | 83,034 (exact) | 2,946,779 (exact) | 334,922,499 |
| Housing units | 765 (±181) | 37,654 (±40) | 1,341,114 (±478) | 143,775,355 |
| Households that rent | 38.5% (±12.7 points) | 29.2% (±1.7 points) | 30.0% (±0.4 points) | 34.8% |
| Median gross rent | $822 (±$242) | $957 (±$38) | $954 (±$8) | $1,413 |
| Median household income | $42,297 (±$10,223) | $67,863 (±$3,091) | $56,447 (±$539) | $80,734 |
| Median home value | $130,900 (±$23,779) | $199,500 (±$6,753) | $169,800 (±$1,198) | $332,700 |
| Median real estate taxes (a year) | $714 (±$335) | $1,384 (±$52) | $1,215 (±$12) | $3,119 |
| Built before 1980 | 44.1% (±13.0 points) | 38.7% (±2.7 points) | 41.4% (±0.4 points) | 49.7% |
| Average commute | 21.7 minutes (±2.7) | 20.8 minutes (±0.8) | 25.6 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 68.4% (±11.7 points) | 85.4% (±1.8 points) | 84.1% (±0.3 points) | 91.0% |
| Median age of residents | 35.4 years (±8.6) | 37.5 years (±0.4) | 38.6 years (±0.1) | 38.9 years |
Shannon covers 4.1 square miles of land, about 341 residents per square mile (Census Bureau Gazetteer).
How Shannon has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,850 (±372) | 1,383 (±420) | −25.2% | Not a measurable change |
| Housing units | 825 (±135) | 765 (±181) | −7.3% | Not a measurable change |
| Median gross rent | $502 (±$78) | $822 (±$242) | +63.7% | No measurable change after inflation |
| Median home value | $85,100 (±$14,227) | $130,900 (±$23,779) | +53.8% | No measurable change after inflation |
| Median household income | $31,019 (±$5,319) | $42,297 (±$10,223) | +36.4% | No measurable change after inflation |
| Median owner cost with a mortgage | $874 (±$54) | $1,058 (±$203) | +21.1% | No measurable change after inflation |
| Median real estate taxes | $503 (±$194) | $714 (±$335) | +41.9% | No measurable change after inflation |
| Households that rent | 40.6% (±9.0 points) | 38.5% (±12.7 points) | −2.1 percentage points | Not a measurable change |
| Rental vacancy rate | 8.4% (±7.9 points) | 8.7% (±10.0 points) | +0.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Shannon
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Nettleton | 4.4 mi | $933 | $119,900 | 28.5% |
| Verona | 5.4 mi | $1,011 | $118,300 | 72.7% |
| Plantersville | 6.7 mi | $832 | $125,000 | 64.8% |
| Okolona | 8.2 mi | $582 | $92,200 | 57.1% |
| Tupelo | 11 mi | $976 | $212,800 | 36.6% |
| Mooreville | 12 mi | $1,079 | $177,900 | 33.8% |
| Amory | 15 mi | $834 | $162,000 | 37.6% |
| Smithville | 17 mi | $752 | $112,000 | 27.7% |
Places in Mississippi most like Shannon
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Decatur | $835 | $128,900 | $50,128 | 41.9% |
| Holly Springs | $773 | $109,600 | $45,462 | 28.5% |
| Purvis | $939 | $168,100 | $45,667 | 36.3% |
| West Point | $746 | $153,900 | $38,064 | 39.1% |
| Wiggins | $883 | $112,700 | $49,870 | 40.2% |
| Sherman | $982 | $158,900 | $52,404 | 41.9% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Mississippi.
HUD Fair Market Rent for Shannon, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $921 | $924 | $1,044 | $1,319 | $1,372 |
HUD income limits for Shannon, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $16,450 | $27,500 | $43,900 |
| 2 people | $21,640 | $31,400 | $50,200 |
| 3 people | $27,320 | $35,300 | $56,450 |
| 4 people | $33,000 | $39,200 | $62,700 |
| 5 people | $38,680 | $42,350 | $67,750 |
| 6 people | $44,360 | $45,500 | $72,800 |
| 7 people | $48,650 | $48,650 | $77,800 |
| 8 people | $51,750 | $51,750 | $82,800 |
These are the limits HUD sets for its housing programs in the Lee County, MS, where HUD’s median family income for fiscal year 2026 is $75,700.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Shannon
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Shannon beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Shannon, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Shannon, and send estimates and invoices from your phone.
Questions about Shannon
What is the average rent in Shannon, MS?
The Census Bureau publishes the median rather than the average: the median gross rent in Shannon is $822 (±$242) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a two-bedroom apartment in Shannon?
The median gross rent for a two-bedroom home in Shannon, MS is $813 (±$311) a month (2020–2024 American Community Survey).
How many renters are there in Shannon?
Shannon has an estimated 240 (±127) renting households, 38.5% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Shannon?
The median household income in Shannon is $42,297 (±$10,223) a year (2020–2024 American Community Survey).
What is the average home value in Shannon, MS?
The Census Bureau publishes the median: $130,900 (±$23,779) for owner-occupied homes in Shannon (2020–2024 American Community Survey).
What is the average mortgage payment in Shannon?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Shannon, MS is $1,058 (±$203) a month, including taxes, insurance and utilities.
Is Shannon growing?
In Shannon, the number of residents went from 1,850 in 2015–2019 to 1,383 in 2020–2024 (−25.2%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Shannon town, Mississippi
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Shannon town, Mississippi
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Shannon town, Mississippi
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Shannon town, Mississippi
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Shannon town, Mississippi
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Shannon town, Mississippi
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Shannon town, Mississippi
- HUD Fair Market Rents, fiscal year 2027: Lee County, MS
- HUD Income Limits, fiscal year 2026: Lee County, MS
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Shannon town, Mississippi (place:66720, in state:28).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .