Nicholson, MS
Population 2,523 · Mississippi
About Nicholson, MS
Nicholson is a small town located in Mississippi with a population of 2,523 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,468 per year, which is 38% below the national median of $75,149. The median age of 45.8 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 Nicholson features a median home value of $98,500, which is 60% below the national median of $244,900. This makes Nicholson one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $852, 27% below the national average of $1,163/month. Of the 1,386 total housing units, 71% are owner-occupied (845 units) and 29% are renter-occupied (347 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Nicholson shows an unemployment rate of 10.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.8%, above the national average of 12.4%. Workers in Nicholson have an average one-way commute time of 29.1 minutes.
Education & Demographics
8.6% of Nicholson 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 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 13.0% Asian residents, with 7.3% of the population being foreign-born.
Cost of Living in Nicholson, MS
Compared to national averages, Nicholson has a median household income of $46,468 (38% below the national median of $75,149). Home values average $98,500, which is 60% below the national median. Monthly rent at $852 is 27% below the US average of $1,163. Within Mississippi, Nicholson's income is 7% below the state average of $49,929, and home values are 22% below the state median of $125,705.
Why Live in Nicholson, MS?
Nicholson offers affordable housing with a median home value of $98,500, below the US average of $244,900, and rent that’s lower than the national average at $852/month.
Potential considerations include median household income ($46,468) that falls below the national average. However, Nicholson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nicholson has a population of 2,523 with a median age of 45.8 years. Compare Nicholson with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Nicholson
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sardis | 2,525 | $32,134 | $72,100 | Compare |
| Belmont | 2,538 | $43,152 | $160,900 | Compare |
| Kiln | 2,454 | $70,708 | $150,500 | Compare |
| Hide-A-Way Lake | 2,615 | $70,333 | $195,500 | Compare |
| Okolona | 2,623 | $34,400 | $81,100 | Compare |
| Flora | 2,399 | $36,453 | $213,700 | Compare |
| Mendenhall | 2,397 | $39,911 | $102,800 | Compare |
| Summit | 2,684 | $33,983 | $101,700 | 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 Nicholson With Other Cities
Frequently Asked Questions about Nicholson
What is the population of Nicholson, MS?
The population of Nicholson, MS is 2,523 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 Nicholson?
The median household income in Nicholson, MS is $46,468 per year, which is 38% below the national median of $75,149.
What is the median home value in Nicholson?
The median home value in Nicholson, MS is $98,500, which is 60% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nicholson?
The median monthly rent in Nicholson, MS is $852, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Nicholson?
The unemployment rate in Nicholson, MS is 10.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Nicholson, MS a good place to live?
Nicholson offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,523 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Nicholson, MS?
8.6% of residents in Nicholson 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 Nicholson?
Key cost-of-living indicators for Nicholson, MS: median home value is $98,500 (60% below national), median rent is $852/month, and median household income is $46,468. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Nicholson?
The poverty rate in Nicholson, MS is 20.8%, 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 Nicholson, MS?
Nicholson's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 13.0% Asian, and 7.6% two or more races. 7.3% of residents are foreign-born.