Southaven, MS
Population 55,531 · Mississippi
About Southaven, MS
Southaven is a mid-sized city located in Mississippi with a population of 55,531 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,159 per year, which is 1% above the national median of $75,149. The median age of 35.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Southaven features a median home value of $214,800, which is 12% below the national median of $244,900. This positions Southaven in a moderately priced market relative to the rest of the country. Median monthly rent is $1,361, 17% above the national average of $1,163/month. Of the 22,473 total housing units, 72% are owner-occupied (14,749 units) and 28% are renter-occupied (5,842 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Southaven shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 12.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Southaven have an average one-way commute time of 24.1 minutes.
Education & Demographics
27.0% of Southaven 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 3.2% White, 0.6% Hispanic or Latino, 0.5% Black or African American, and 2.0% Asian residents, with 3.8% of the population being foreign-born.
How Southaven Ranks in Mississippi
Cost of Living in Southaven, MS
Compared to national averages, Southaven has a median household income of $76,159 (1% above the national median of $75,149). Home values average $214,800, which is 12% below the national median. Monthly rent at $1,361 is 17% above the US average of $1,163. Within Mississippi, Southaven's income is 53% above the state average of $49,929, and home values are 71% above the state median of $125,705.
Why Live in Southaven, MS?
Southaven offers a strong local economy with a median household income of $76,159, well above the national average, and affordable housing with a median home value of $214,800, below the US average of $244,900, and a low poverty rate of 12.3%, better than the national average. Additionally, the city features short commute times averaging just 24.1 minutes.
Southaven has a population of 55,531 with a median age of 35.6 years. Compare Southaven with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Southaven
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Biloxi | 49,011 | $55,958 | $203,200 | Compare |
| Hattiesburg | 48,507 | $44,140 | $153,600 | Compare |
| Olive Branch | 46,538 | $98,421 | $269,900 | Compare |
| Gulfport | 72,533 | $46,044 | $167,100 | Compare |
| Tupelo | 37,825 | $66,314 | $201,300 | Compare |
| Meridian | 34,466 | $34,657 | $100,800 | Compare |
| Greenville | 28,833 | $36,297 | $100,800 | Compare |
| Madison | 27,775 | $120,918 | $334,700 | 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 Southaven With Other Cities
Frequently Asked Questions about Southaven
What is the population of Southaven, MS?
The population of Southaven, MS is 55,531 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Mississippi.
What is the median household income in Southaven?
The median household income in Southaven, MS is $76,159 per year, which is 1% above the national median of $75,149.
What is the median home value in Southaven?
The median home value in Southaven, MS is $214,800, which is 12% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Southaven?
The median monthly rent in Southaven, MS is $1,361, which is 17% above the national average of $1,163/month.
What is the unemployment rate in Southaven?
The unemployment rate in Southaven, MS is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Southaven, MS a good place to live?
Southaven offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 55,531 and a median age of 35.6, the city appeals to a broad range of residents.
How educated is Southaven, MS?
27.0% of residents in Southaven 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 Southaven?
Key cost-of-living indicators for Southaven, MS: median home value is $214,800 (12% below national), median rent is $1,361/month, and median household income is $76,159. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Southaven?
The poverty rate in Southaven, MS is 12.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Southaven, MS?
Southaven's population is 3.2% White, 0.6% Hispanic or Latino, 0.5% Black or African American, 2.0% Asian, and 38.3% two or more races. 3.8% of residents are foreign-born.