c.1945 Three Bedroom Mississippi Handyman Special Under $54K

906 Myra St, Brookhaven, MS 39601   $53,500

• Contact Realtor: Patricia Fleming
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• Niche 

Pros of Brookhaven, MS

1. Low Cost of Living / Affordable Housing

   • Overall cost of living index is about 85, which is ~15% below the U.S. average.

   • Median home value is around $93,300, significantly lower than many U.S. cities.

   • Rent is also relatively affordable. One‑bedroom apartments average ~$770/month, two‑bedrooms ~$841.

2. Diversity & Amenities

   • The city scores high on diversity metrics.

   • There are reasonable amenities in town: restaurants, grocery stores, parks, some community feel. People often cite friendliness of neighbors, sense of community.

3. Education Options

   • Brookhaven has multiple public schools: elementary, junior high, high school, plus some private and charter options.

   • Brookhaven High School is rated reasonably by Niche, with students reporting feeling safe at school.

4. Relatively Good Commute / Small‑City Feel

   • Because the city is modest in size, many people report shorter commutes, less traffic congestion compared to big metros.

   • More of a small town / mid‑sized city feel, which for many means less hustle and more closeness.

5. Improving or Decreasing Crime Trends

   • Some reports show violent crime rate has decreased from previous years.

   • Also property crime remains a concern, but the city’s police and community appear to be aware and working on it. Being aware can help in selecting safer neighborhoods.

Cons / Challenges of Brookhaven, MS

1. High Poverty Rate / Low Median Income

   • Poverty rate is quite high — ~ 28.2% in some reports, well above the U.S. average.

   • Median household income is low — around $31,500 in some sources, far below national median.

2. Crime / Safety Concerns

   • Overall crime rate is significantly above the national average. Brookhaven has both property crime and violent crime higher than many places.

   • Property crime in particular is much higher (burglary, theft etc.). Violent crime is elevated though in some years less so. Neighborhood variation is significant.

3. Educational Attainment & Opportunities could lag

   • Only about 20% of adults have a bachelor’s degree or higher. A larger portion has “some college but no degree.”

   • Resources per student are modest; schools may have challenges due to funding, socio‑economic disparity.

4. Population Decline / Limited Growth

   • The city has seen a slight decline in population over recent years (e.g. −0.7% in one year, about −3.3% over 5 years).

   • Economic growth and new opportunity sectors may be limited; fewer big‑business or high‑tech employers.

5. Lower Average Incomes vs Cost Gains

   • Even though cost of living is low, incomes are also low, meaning less buffer. Buying vs renting can be tough for lower income households.

   • Some households are earning very little (some < $10,000/year).

6. Internet / Infrastructure Limitations

   • One source notes that fixed‑line internet speeds are relatively low. This can be a disadvantage, especially for remote work, education, or high bandwidth needs.

7. Amenities & Walkability

   • Some amenities are not well located or walkable; many residents rely on vehicles to get around. Public transit or pedestrian convenience may be limited.