Vardaman, MS
Population 1,004 · Mississippi
About Vardaman, MS
Vardaman is a small town located in Mississippi with a population of 1,004 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,000 per year, which is 52% below the national median of $75,149. The median age of 31.8 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 Vardaman features a median home value of $55,000, which is 78% below the national median of $244,900. This makes Vardaman one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $569, 51% below the national average of $1,163/month. Of the 426 total housing units, 70% are owner-occupied (264 units) and 30% are renter-occupied (112 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Vardaman shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 31.6%, above the national average of 12.4%. Workers in Vardaman have an average one-way commute time of 21.9 minutes.
Education & Demographics
7.1% of Vardaman 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 33.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 2.5% Asian residents, with 16.1% of the population being foreign-born.
How Vardaman Ranks in Mississippi
Cost of Living in Vardaman, MS
Compared to national averages, Vardaman has a median household income of $36,000 (52% below the national median of $75,149). Home values average $55,000, which is 78% below the national median. Monthly rent at $569 is 51% below the US average of $1,163. Within Mississippi, Vardaman's income is 28% below the state average of $49,929, and home values are 56% below the state median of $125,705.
Why Live in Vardaman, MS?
Vardaman offers affordable housing with a median home value of $55,000, below the US average of $244,900, and rent that’s lower than the national average at $569/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($36,000) that falls below the national average. However, Vardaman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Vardaman has a population of 1,004 with a median age of 31.8 years. Compare Vardaman with other cities to see how it stacks up, or explore all cities in Mississippi.
Similar Cities Near Vardaman
Cities in Mississippi with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Alcorn State University | 1,007 | $0 | $0 | Compare |
| Friars Point | 997 | $21,181 | $54,100 | Compare |
| Pearlington | 989 | $51,719 | $108,700 | Compare |
| Hillsboro | 963 | $47,056 | $76,400 | Compare |
| Tunica | 961 | $39,958 | $178,500 | Compare |
| Prentiss | 1,048 | $30,395 | $84,800 | Compare |
| Sunflower | 1,049 | $24,479 | $77,800 | Compare |
| Plantersville | 953 | $34,034 | $126,300 | 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 Vardaman With Other Cities
Frequently Asked Questions about Vardaman
What is the population of Vardaman, MS?
The population of Vardaman, MS is 1,004 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 Vardaman?
The median household income in Vardaman, MS is $36,000 per year, which is 52% below the national median of $75,149.
What is the median home value in Vardaman?
The median home value in Vardaman, MS is $55,000, which is 78% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Vardaman?
The median monthly rent in Vardaman, MS is $569, which is 51% below the national average of $1,163/month.
What is the unemployment rate in Vardaman?
The unemployment rate in Vardaman, MS is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Vardaman, MS a good place to live?
Vardaman offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,004 and a median age of 31.8, the city appeals to young professionals and families.
How educated is Vardaman, MS?
7.1% of residents in Vardaman 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 Vardaman?
Key cost-of-living indicators for Vardaman, MS: median home value is $55,000 (78% below national), median rent is $569/month, and median household income is $36,000. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Vardaman?
The poverty rate in Vardaman, MS is 31.6%, 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 Vardaman, MS?
Vardaman's population is 33.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 2.5% Asian, and 19.5% two or more races. 16.1% of residents are foreign-born.