Enterprise, MS
Population 478 · Mississippi
About Enterprise, MS
Enterprise is a small community located in Mississippi with a population of 478 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,344 per year, which is 17% below the national median of $75,149. The median age of 40 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Enterprise features a median home value of $105,200, which is 57% below the national median of $244,900. This makes Enterprise one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $944, 19% below the national average of $1,163/month. Of the 213 total housing units, 76% are owner-occupied (139 units) and 24% are renter-occupied (44 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Enterprise shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Enterprise have an average one-way commute time of 30.3 minutes.
Education & Demographics
27.0% of Enterprise residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 3.3% Asian residents, with 5.6% of the population being foreign-born.
Cost of Living in Enterprise, MS
Compared to national averages, Enterprise has a median household income of $62,344 (17% below the national median of $75,149). Home values average $105,200, which is 57% below the national median. Monthly rent at $944 is 19% below the US average of $1,163. Within Mississippi, Enterprise's income is 25% above the state average of $49,929, and home values are 16% below the state median of $125,705.
Why Live in Enterprise, MS?
Enterprise offers affordable housing with a median home value of $105,200, below the US average of $244,900, and rent that’s lower than the national average at $944/month, and a low poverty rate of 9.0%, better than the national average.
Potential considerations include median household income ($62,344) that falls below the national average. However, Enterprise’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Enterprise has a population of 478 with a median age of 40 years. Compare Enterprise with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Enterprise
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hickory | 472 | $63,750 | $113,300 | Compare |
| New Hebron | 486 | $66,618 | $108,500 | Compare |
| Tishomingo | 487 | $46,458 | $101,400 | Compare |
| Beauregard | 467 | $52,750 | $91,700 | Compare |
| New Hamilton | 491 | $32,713 | $0 | Compare |
| New Augusta | 459 | $0 | $85,000 | Compare |
| Soso | 497 | $65,521 | $143,300 | Compare |
| Tucker | 497 | $66,417 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Enterprise With Other Cities
Frequently Asked Questions about Enterprise
What is the population of Enterprise, MS?
The population of Enterprise, MS is 478 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Mississippi.
What is the median household income in Enterprise?
The median household income in Enterprise, MS is $62,344 per year, which is 17% below the national median of $75,149.
What is the median home value in Enterprise?
The median home value in Enterprise, MS is $105,200, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Enterprise?
The median monthly rent in Enterprise, MS is $944, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Enterprise?
The unemployment rate in Enterprise, MS is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Enterprise, MS a good place to live?
Enterprise offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 478 and a median age of 40, the city appeals to a broad range of residents.
How educated is Enterprise, MS?
27.0% of residents in Enterprise aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Enterprise?
Key cost-of-living indicators for Enterprise, MS: median home value is $105,200 (57% below national), median rent is $944/month, and median household income is $62,344. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Enterprise?
The poverty rate in Enterprise, MS is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Enterprise, MS?
Enterprise's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 3.3% Asian, and 24.7% two or more races. 5.6% of residents are foreign-born.