Southaven has a population of 54,908 with a median age of 35.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 54,908 |
| Median Age | 35.4 |
| White | 56.7% |
| Black or African American | 36.2% |
| Asian | 1.1% |
| Hispanic or Latino | 5.2% |
| Other / Two or More Races | 0.8% |
The median household income in Southaven is $72,513, which is 3.5% below the national median of $75,149. The per capita income is $32,079. The poverty rate is 13.2%.
The unemployment rate in Southaven is 4.1%, compared to the national rate of 5.4%.
In Southaven, 92.2% of residents age 25+ have a high school diploma or higher, and 25.5% hold a bachelor's degree or higher (9.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.2% |
| Bachelor's Degree or Higher | 25.5% |
| Graduate or Professional Degree | 9.3% |
The median home value in Southaven is $197,200, below the national median of $281,900. The median monthly rent is $1,228. The homeownership rate is 70.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $197,200 |
| Median Monthly Rent | $1,228 |
| Homeownership Rate | 70.9% |
| Vacancy Rate | 8.1% |
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