Leakesville, MS
Population 5,564 · Mississippi
About Leakesville, MS
Leakesville is a small town located in Mississippi with a population of 5,564 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,745 per year, which is 13% below the national median of $75,149. The median age of 43.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Leakesville features a median home value of $111,300, which is 55% below the national median of $244,900. This makes Leakesville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $826, 29% below the national average of $1,163/month. Of the 651 total housing units, 61% are owner-occupied (345 units) and 39% are renter-occupied (219 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Leakesville shows an unemployment rate of 12.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 30.3%, above the national average of 12.4%. Workers in Leakesville have an average one-way commute time of 41.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
7.7% of Leakesville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.7% White, 2.5% Hispanic or Latino, 0.1% Black or African American, and 0.1% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Leakesville, MS
Compared to national averages, Leakesville has a median household income of $65,745 (13% below the national median of $75,149). Home values average $111,300, which is 55% below the national median. Monthly rent at $826 is 29% below the US average of $1,163. Within Mississippi, Leakesville's income is 32% above the state average of $49,929, and home values are 11% below the state median of $125,705.
Why Live in Leakesville, MS?
Leakesville offers affordable housing with a median home value of $111,300, below the US average of $244,900, and rent that’s lower than the national average at $826/month.
Potential considerations include median household income ($65,745) that falls below the national average. However, Leakesville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Leakesville has a population of 5,564 with a median age of 43.6 years. Compare Leakesville with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Leakesville
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ripley | 5,415 | $56,641 | $132,500 | Compare |
| Pontotoc | 5,717 | $50,230 | $144,300 | Compare |
| Forest | 5,365 | $51,082 | $129,100 | Compare |
| Columbia | 5,804 | $34,328 | $112,100 | Compare |
| Vancleave | 5,196 | $71,000 | $218,900 | Compare |
| Pass Christian | 5,942 | $74,302 | $257,300 | Compare |
| Louisville | 6,018 | $37,679 | $135,800 | Compare |
| Saltillo | 4,962 | $84,063 | $200,800 | 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 Leakesville With Other Cities
Frequently Asked Questions about Leakesville
What is the population of Leakesville, MS?
The population of Leakesville, MS is 5,564 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Mississippi.
What is the median household income in Leakesville?
The median household income in Leakesville, MS is $65,745 per year, which is 13% below the national median of $75,149.
What is the median home value in Leakesville?
The median home value in Leakesville, MS is $111,300, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Leakesville?
The median monthly rent in Leakesville, MS is $826, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Leakesville?
The unemployment rate in Leakesville, MS is 12.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Leakesville, MS a good place to live?
Leakesville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,564 and a median age of 43.6, the city appeals to a broad range of residents.
How educated is Leakesville, MS?
7.7% of residents in Leakesville 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 Leakesville?
Key cost-of-living indicators for Leakesville, MS: median home value is $111,300 (55% below national), median rent is $826/month, and median household income is $65,745. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Leakesville?
The poverty rate in Leakesville, MS is 30.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Leakesville, MS?
Leakesville's population is 0.7% White, 2.5% Hispanic or Latino, 0.1% Black or African American, 0.1% Asian, and 48.1% two or more races. 0.3% of residents are foreign-born.