DFY Mississippi Market
Overview:
Northern Mississippi offers a unique opportunity for DFY investors in relation to the greater Memphis Market. Located south, just across the state line from Memphis, this market offers a great area of growth and investment opportunity.
General Areas of Focus:
Desoto County – Cites of Southaven, Olive Branch, Hernando, and surrounding areas.
Desoto County Stats of July 1, 2021:
- Population 188,633
- Housing units 69,657
- Owner occupied 74.8%
- Median Gross Rent, 2016-2020 $1,073
City Stats | Hernando | Olive Branch | South Haven |
---|---|---|---|
2019 Population | 15,942 | 37,461 | 54,152 |
Median Age | 37 | 38.1 | 36 |
2019 Poverty Rate | 5.77% | 6.91% | 10.41% |
2019 Median Household Income | $79,195 | $74,680 | $61,026 |
2019 Median Property Value | $197,100 | $175,600 | $153,200 |
Commute to Downtown Memphis:
- Olive Branch – 30 Minutes
- Hernando – 29 Minutes
- South Haven – 16 Minutes
Money Magazine 2020 top 50 Places to Live: No. 35 Olive Branch, Mississippi