Lyman, MS
Population 2,041 · Mississippi
About Lyman, MS
Lyman is a small town located in Mississippi with a population of 2,041 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,500 per year, which is 30% above the national median of $75,149. The median age of 39.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lyman features a median home value of $205,000, which is 16% below the national median of $244,900. This positions Lyman in a moderately priced market relative to the rest of the country. Median monthly rent is $1,315, 13% above the national average of $1,163/month. Of the 785 total housing units, 88% are owner-occupied (637 units) and 12% are renter-occupied (83 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lyman shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 18.6%, above the national average of 12.4%. Workers in Lyman have an average one-way commute time of 20.8 minutes.
Education & Demographics
20.4% of Lyman 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 3.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 6.3% Asian residents, with 0.6% of the population being foreign-born.
How Lyman Ranks in Mississippi
Cost of Living in Lyman, MS
Compared to national averages, Lyman has a median household income of $97,500 (30% above the national median of $75,149). Home values average $205,000, which is 16% below the national median. Monthly rent at $1,315 is 13% above the US average of $1,163. Within Mississippi, Lyman's income is 95% above the state average of $49,929, and home values are 63% above the state median of $125,705.
Why Live in Lyman, MS?
Lyman offers a strong local economy with a median household income of $97,500, well above the national average, and affordable housing with a median home value of $205,000, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features short commute times averaging just 20.8 minutes.
Lyman has a population of 2,041 with a median age of 39.1 years. Compare Lyman with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Lyman
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Farmington | 2,044 | $50,294 | $132,300 | Compare |
| Eupora | 2,036 | $52,546 | $96,800 | Compare |
| Marion | 2,033 | $57,292 | $194,800 | Compare |
| Tutwiler | 2,049 | $33,836 | $59,900 | Compare |
| Mooreville | 2,052 | $143,681 | $175,100 | Compare |
| Decatur | 2,025 | $47,258 | $125,800 | Compare |
| Nettleton | 2,023 | $44,178 | $90,900 | Compare |
| Tylertown | 2,023 | $0 | $117,200 | 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 Lyman With Other Cities
Frequently Asked Questions about Lyman
What is the population of Lyman, MS?
The population of Lyman, MS is 2,041 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 Lyman?
The median household income in Lyman, MS is $97,500 per year, which is 30% above the national median of $75,149.
What is the median home value in Lyman?
The median home value in Lyman, MS is $205,000, which is 16% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lyman?
The median monthly rent in Lyman, MS is $1,315, which is 13% above the national average of $1,163/month.
What is the unemployment rate in Lyman?
The unemployment rate in Lyman, MS is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lyman, MS a good place to live?
Lyman offers above-average incomes, affordable housing, and a strong job market. With a population of 2,041 and a median age of 39.1, the city appeals to a broad range of residents.
How educated is Lyman, MS?
20.4% of residents in Lyman 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 Lyman?
Key cost-of-living indicators for Lyman, MS: median home value is $205,000 (16% below national), median rent is $1,315/month, and median household income is $97,500. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lyman?
The poverty rate in Lyman, MS is 18.6%, 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 Lyman, MS?
Lyman's population is 3.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 6.3% Asian, and 24.4% two or more races. 0.6% of residents are foreign-born.