The state of Mississippi has an average property price of $176,482 with a population of almost 3 million. Due to its affordable real estate pricing median, Mississippi is a practical place for beginner investors and residents who aim to reduce upfront property costs.
The Magnolia State's key industries include agriculture and American-made manufacturing, which lead the U.S. in state-exported goods. Whether it's residential or commercial, Mississippi offers a wide range of real estate opportunities.
The state capital, Jackson, is a business-friendly city because it offers resources to counsel new and existing local businesses. As the most populous city in Mississippi, Jackson offers strong potential for commercial investment properties.
New Albany is also a hotspot due to its thriving housing market. Qualified homeowners are exempt from certain ad valorem taxes based on property value, influencing residential real estate demands in the area.
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