Pace, MS
Population 143 · Mississippi
About Pace, MS
Pace is a small community located in Mississippi with a population of 143 residents according to the latest US Census Bureau American Community Survey data. The median household income is $30,000 per year, which is 60% below the national median of $75,149. The median age of 58.4 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 Pace features a median home value of $73,300, which is 70% below the national median of $244,900. This makes Pace one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $638, 45% below the national average of $1,163/month. Of the 98 total housing units, 83% are owner-occupied (58 units) and 17% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pace shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pace have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
15.7% of Pace 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Pace Ranks in Mississippi
Cost of Living in Pace, MS
Compared to national averages, Pace has a median household income of $30,000 (60% below the national median of $75,149). Home values average $73,300, which is 70% below the national median. Monthly rent at $638 is 45% below the US average of $1,163. Within Mississippi, Pace's income is 40% below the state average of $49,929, and home values are 42% below the state median of $125,705.
Why Live in Pace, MS?
Pace offers affordable housing with a median home value of $73,300, below the US average of $244,900, and rent that’s lower than the national average at $638/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 4.2%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($30,000) that falls below the national average. However, Pace’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pace has a population of 143 with a median age of 58.4 years. Compare Pace with other cities to see how it stacks up, or explore all cities in Mississippi.
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Other Cities in Mississippi
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Pace
What is the population of Pace, MS?
The population of Pace, MS is 143 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 Pace?
The median household income in Pace, MS is $30,000 per year, which is 60% below the national median of $75,149.
What is the median home value in Pace?
The median home value in Pace, MS is $73,300, which is 70% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pace?
The median monthly rent in Pace, MS is $638, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Pace?
The unemployment rate in Pace, MS is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Pace, MS a good place to live?
Pace offers a moderate cost of living, affordable housing, and a strong job market. With a population of 143 and a median age of 58.4, the city appeals to established professionals and retirees.
How educated is Pace, MS?
15.7% of residents in Pace 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 Pace?
Key cost-of-living indicators for Pace, MS: median home value is $73,300 (70% below national), median rent is $638/month, and median household income is $30,000. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pace?
The poverty rate in Pace, MS is 4.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pace, MS?
Pace's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 93.7% two or more races. 0.0% of residents are foreign-born.