Photo: Chillin662 · CC BY-SA 4.0Measured against area pay, Ackerman costs less to live in than 80% of U.S. towns
Down 3% in a year, 23% below the Mississippi typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of Choctaw County, MS ($51K). How TownRatings grades cost of living
The grade compares costs with what households across Choctaw County earn ($51K, Census 2020–24). The typical home costs 2.9 years of area income, and 46% of renters pay 30% or more of income for housing.
In dollars
- $149Ktypical home, 23% below the Mississippi typical homeZillow, September 2026
- $1,000a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 2.9 yrsof area income buys the typical home; the typical U.S. town: 3.3$51K, Choctaw County income
- 13%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 46%of renters pay 30%+ of income for housing; across Mississippi: 51%Census 2020–24
- 21%of owners do; the typical U.S. town: 20%Census 2020–24
Housing in Ackerman, in brief
Prices are 21% below their 2023 peak
The typical Ackerman home peaked at $188K in July 2023 and is worth about $149K now. Across Mississippi, values are at or near their high. Over five years, Ackerman is down 8.5%. Price trend ↓
New renters pay more than renters already here
HUD puts a standard two-bedroom at about $1,000 a month with utilities, the going rate for someone moving in. Renters already in Ackerman pay a median of $555. Renting ↓
Owning can cost less than renting
With 20% down at the calculator’s rate, the typical Ackerman home runs about $850 a month with tax and insurance. A two-bedroom rents for about $1,000. Can I afford it? ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Ackerman’s grade
Measured against what households in the area earn, Ackerman is more affordable than 80% of U.S. towns. The share of households paying 30%+ for housing pulls the grade down most; property tax holds it up.
Values have lagged Mississippi: the typical Ackerman home is down 8.5% in five years, against 11.3% statewide (Zillow).
Down 8.5% in five years
Slower than Mississippi (11.3%).
Show as a table
| January | Ackerman | Mississippi |
|---|---|---|
| 2017 | $140,000 | $136,000 |
| 2018 | $134,000 | $138,000 |
| 2019 | $137,000 | $142,000 |
| 2020 | $127,000 | $148,000 |
| 2021 | $145,000 | $160,000 |
| 2022 | $176,000 | $183,000 |
| 2023 | $183,000 | $186,000 |
| 2024 | $177,000 | $186,000 |
| 2025 | $183,000 | $192,000 |
| 2026 | $153,000 | $192,000 |
| September 2026 | $149,000 | $195,000 |
A typical Ackerman home worth $140K in October 2016 is worth about $149K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A year’s rent takes 13% of area income
The calculator starts from the area income the grade uses. Switch to Ackerman’s own median, or type yours.
That covers a typical Ackerman home, with $60K to spare.
A two-bedroom rents for about $1,000 a month here, $150 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ackerman’s typical property tax (0.54% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,000
Renters already here pay a median of $555, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Choctaw County, MS): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
7 new homes permitted in 2025
Builders were permitted 7 new homes in Ackerman in 2025, all single-family houses. That's 3.9 per 1,000 residents, about the pace of Mississippi as a whole. Over the past 10 years, Ackerman has permitted 23 homes in all.
Between the 2010 and 2020 censuses, Ackerman gained 84 residents while 11 new homes were permitted: about 7.6 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $377,000 |
| 2025 | 7 | 7 | 0 | $660,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 4 | 4 | 0 | $596,000 |
| 2022 | 3 | 1 | 2 | $274,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 4 | 4 | 0 | $240,000 |
| 2018 | 4 | 4 | 0 | $517,000 |
| 2017 | 1 | 1 | 0 | $40,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $199,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $250,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 1 | 1 | 0 | $185,000 |
| 2006 | 1 | 1 | 0 | $140,000 |
| 2005 | 1 | 1 | 0 | $68,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 4 | 4 | 0 | $392,000 |
| 2002 | 3 | 3 | 0 | $294,000 |
| 2001 | 2 | 2 | 0 | $104,000 |
| 2000 | 2 | 2 | 0 | $130,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Mississippi norm
The median bill is $792 (Mississippi: $1,215), 0.54% of a home’s value a year, against 0.72% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Ackerman and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Ackerman | A− | $149K | $147K | 0.54% | $1,000 |
Questions about the cost of living in Ackerman
Is Ackerman expensive to live in?
Measured against what households in the area earn, Ackerman costs less than 80% of U.S. towns: an A− for cost of living. The typical home costs 2.9 years of the median household income of Choctaw County, MS ($51K).
How much does a house cost in Ackerman?
About $149K, Zillow’s typical value for September 2026, down 3.0% in a year. The Mississippi typical home is $195K.
What salary do you need to live in Ackerman?
To buy the typical home with 20% down at 6.3%, about $36,000 a year, keeping the payment (about $850 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $40,000.
How much is rent in Ackerman?
HUD puts a two-bedroom at about $1,000 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $555 (Census 2020–24).
What are property taxes in Ackerman?
The median bill is $792 a year, 0.54% of the median home value (Mississippi: $1,215, 0.72%), from the Census 2020–24.
Are home prices in Ackerman going up?
No: down 3.0% in the past year and -8.5% in five years, against 11.3% across Mississippi (Zillow).
Neighbors talk housing
What Ackerman buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.