Everything You Should Know Before Moving to Money, MS
Considering a move to Money, MS? With a tiny population of just 85, Money offers rural Delta charm and affordable living, with a median home price of $85,000 and rents around $650. Commute times are short at 23 minutes, but expect higher property crime rates typical for the Mississippi Delta. Major hospitals are a short drive away, and public schools serve nearby communities. Warm, sunny weather and a laid-back pace make Money a unique option for those seeking a quiet, budget-friendly lifestyle.
Demographics - Money, MS
Money, MS is a close-knit rural community with just 85 residents, featuring a balanced mix of White and Black residents and a median age of 44.2. The area offers a peaceful small-town atmosphere where most locals know each other. Non-English speakers make up a very small portion of the population, contributing to the town’s strong sense of local identity.
Population:
85
Density:
35 per sq mi
Median Age:
44.2
Gender Ratio:
94 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
51.0%
Black:
47.0%
Asian:
0.5%
Others:
1.5%
Cost Of Living
What is the average cost of living in Money, MS?
Living in Money is highly affordable, with a median home value of $85,000 and average rents around $650. The overall cost of living index is well below the national average, making it an attractive spot for budget-conscious residents. Utilities and groceries are also reasonably priced, helping residents stretch their income further.
Median House Value:
$85,000
Gross Rent:
$650
Monthly Electricity Charges:
$130
Auto Insurance:
$1,380
House Owner Cost With Mortgage:
$780
House Owner Cost Without Mortgage:
$280
State Taxes:
Low:
3.0%
|
High:
5.0%
Cost Of Living Index:
81.9
Grocery:
95.1
Housing:
45.0
Utilities:
95.5
Transportation:
89.0
Health Care:
91.3
Miscellaneous:
84.7
Crime
Is Money, MS a safe place to live?
Money experiences property crime rates higher than typical for its small size, with a 1 in 47 chance annually, while violent crime remains relatively rare. The town's quiet rural setting offers a sense of safety, but it's still important for residents to take standard precautions. Community watch and neighborly awareness help maintain peace in this close-knit area.
Violent Crimes Per 100k:
336
Property Crimes Per 100k:
2,150
Crime Index:
2,486
Chance Of Violent Crime:
1 in 298
Chance Of Property Crime:
1 in 47
Weather
What is the weather like in Money, MS year-round?
Residents enjoy a mild climate with warm summers reaching up to 92°F and winters rarely dipping below freezing. The area receives about 54 inches of rain annually and enjoys sunshine on 62% of days, making outdoor activities pleasant for much of the year. Seasonal changes are gentle, with spring and fall offering comfortable temperatures.
Winter
Min:
33°F
Max:
54°F
Spring
Min:
51°F
Max:
76°F
Summer
Min:
69°F
Max:
92°F
Fall
Min:
52°F
Max:
77°F
Average Rainfall Inches:
53.6 inches
Sunny Days Percentage:
62%
Neighbors
Money’s residents typically have modest incomes, with a median household income of $37,200 and a higher poverty rate at 27.5%. Most households rely on cars for commuting, and the average drive time is just over 23 minutes. The community values education, with over 80% holding at least a high school diploma.
Median Income:
$29,200
Household Income:
$37,200
Family Income:
$41,500
Per Capita Income:
$18,100
Income Male:
$32,000
Income Female:
$27,000
Poverty Rate:
27.5%
Non English Speakers:
2.5%
Rent:
$650
Unemployment Rate:
7.8%
Public Transport Usage:
0.0%
Commute Time:
23.4 minutes
Education
High School or Higher:
80.1%
Bachelors or More:
13.2%
Education
How are the schools in Money, MS?
Families in Money have access to local public schools such as Amanda Elzy High School and Leflore County Elementary, known for their supportive learning environments and manageable class sizes. Private school education is available nearby at Pillow Academy, while higher education opportunities are accessible at Mississippi Valley State University just 14 miles away. The area supports a range of options to meet diverse educational needs.
Public Schools
Name:
Amanda Elzy High School
Street:
604 Elzy School Road
Phone:
662-453-2341
Students:
430
Student Teacher Ratio:
16.5
Name:
Leflore County Elementary
Street:
401 Lakeside Drive
Phone:
662-453-9003
Students:
380
Student Teacher Ratio:
14.9
Private Schools
Name:
Pillow Academy
Street:
69601 Highway 82 West, Greenwood, MS
Phone:
662-453-1266
Students:
700
Colleges
Name:
Mississippi Valley State University
City:
Itta Bena
State:
MS
Distance:
14 miles
Students:
2,200
Name:
Delta State University
City:
Cleveland
State:
MS
Distance:
36 miles
Students:
3,700
Healthcare
Access to healthcare in Money includes general and surgical hospitals like Greenwood Leflore Hospital and North Sunflower Medical Center within a short drive. Most residents (87.5%) have health insurance coverage, and there are about 1.2 physicians per 1,000 people. Emergency and specialized medical services are available in nearby towns.
Major Hospitals
Name:
Greenwood Leflore Hospital
Address:
1401 River Road, Greenwood, MS 38930
Phone:
(662) 459-7000
Type:
General & Surgical
Emergency Services:
Yes
Name:
North Sunflower Medical Center
Address:
840 N Oak Ave, Ruleville, MS 38771
Phone:
(662) 756-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.2
Health Insurance Coverage:
87.5%
Health Care Index:
72.1
Housing Market
What is the housing market like in Money, MS?
Money offers a stable and affordable housing market, with a median home price of $85,000 and the majority of residents owning their homes. Rental options are available, with average rents for two-bedrooms around $650 and a moderate vacancy rate. Home values have seen slow but steady appreciation, making it a sensible choice for buyers seeking long-term value.
Median Home Price:
$85,000
Average Rent For 2 Bedroom:
$650
Owner Occupied Rate:
71.3%
Rental Vacancy Rate:
9.2%
Home Appreciation Rate (1yr):
4.6%
New Construction Rate:
0.2%
Foreclosure Rate:
0.6%
DMV Information
Residents are served by the Mississippi Department of Public Safety, with the nearest office in Jackson for licensing and vehicle needs. The department provides essential driver services and information through their official website and phone support. Appointments and forms can be accessed online for added convenience.
State:
Mississippi
Department:
Mississippi Department of Public Safety
Address:
1900 East Woodrow Wilson Dr, Jackson, MS 39216
Phone:
1-601-987-1212
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.