Similar to its surrounding areas, it's substantially less expensive compared to the nation as a whole. Compared to the city of Jackson however, it is a little more expensive.
Home prices
The median home in Vicksburg costs $108,500. This is is very similar in comparison to other places in this area.Compared to the United States as a whole it is about $109,000 (50%) lower, and compared to the city of Jackson is about $17,800 (19%) higher.
Rents
The median rent in Vicksburg is $694 per month. It is roughly $16 (2%) higher compared to nearby areas.In comparison to the rest of the nation it is approximately $368 (34%) lower, and compared to the city of Jackson is approximately $153 (18%) lower.
Nearby places
Beechwood
Beechwood is Vicksburg's neighbor to the east. The housing prices there are somewhat more expensive. The median home value in Beechwood is $151,600, which is $43,100 (28%) higher than Vicksburg. Rent there is somewhat more expensive. Beechwood's median monthly rent is $823, which comes out to $129 (15%) higher than Vicksburg.
Edwards
Edwards is roughly 14 miles east from Vicksburg. The housing prices there are a lot less expensive. The median home in Edwards is valued at $72,700, which is $35,800 (49%) lower than Vicksburg. The rent there is somewhat less expensive. In Edwards the median rent is $531 per month, which comes out to $163 (30%) lower than Vicksburg.
Richmond
Richmond is about 16 miles west of Vicksburg. Its real estate prices are a lot more expensive. The median home cost in Richmond is $178,600, which comes out to $70,100 (39%) higher than Vicksburg. Its rents are a little less expensive. In Richmond the median monthly rent is $639, which works out to $55 (8%) lower than Vicksburg.
Tallulah
Tallulah is about 17 miles northwest from Vicksburg. Real estate prices there are significantly less expensive. The median home in Tallulah is valued at $73,900, which works out to $34,600 (46%) lower than Vicksburg. Rents there are a little less expensive. Tallulah's median rent is $604 a month, which works out to $90 (14%) lower than Vicksburg.
Utica
Utica is roughly 20 miles southeast of Vicksburg. Real estate prices there are a lot less expensive. The value of the median home in Utica is $69,100, which is $39,400 (57%) lower than Vicksburg. Its rents are somewhat more expensive. Utica's median monthly rent is $792, which comes out to $98 (12%) higher than Vicksburg.