Lloyd Rich Road

Property details·Richton, Perry County, Mississippi·044 -19-027.004

1Baths
160Sq ft
9.00Acres
2010Built

Location & Identity

Address

Lloyd Rich Road

Richton, MS 39476

Perry County

Parcel ID

044 -19-027.004

Coordinates

31.382195, -88.932056

Owner & Record Identity

Owner Name
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Building details

Bathrooms
1
Full / half
1 full · 0 half
Square footage
160
Year built
2010
Building style
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Building condition
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Heating & AC
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Pool & features
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Land & lot

Lot size
9.00 acres
Property type (local use code)
1006
Land area
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Lot dimensions
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County context

Perry County 2026 Insights

Deep Piney Woods, Quiet Ownership: The Perry County Housing Story

Tucked into the longleaf pine belt of south-central Mississippi, Perry County is the kind of place that rarely makes headlines — and that's partly the point. With just 18 people per square mile and a county seat, New Augusta, small enough that most residents know their neighbors by name, this is rural Mississippi in its most elemental form. The timber industry has long defined the local economy, and the rhythms of the Leaf River watershed shape daily life in ways that no spreadsheet fully captures.

What does stand out in the data is the homeownership rate: 80.1%, a figure that puts Perry County well above the national average of roughly 65% and reflects something deeply embedded in rural Southern culture — land and home ownership as both aspiration and inheritance. When homes are affordable and lots are spacious, people buy. With a median home value of just $126,000 — less than 40 cents on the dollar compared to the national median — ownership is genuinely within reach for working families here in a way it simply isn't in most of America.

Key Statistics

StatValueContext
Median Home Value$126,00039% of the $320,000 national median
Homeownership Rate80.1%well above national avg of ~65%
Vacancy Rate16.7%signals soft demand and outmigration pressure
Disability Rate29.1%nearly double the national average of ~13%

Affordability Looks Great — Until You Look at Income

At a price-to-income ratio of roughly 2.5x, Perry County homes appear extraordinarily affordable by national standards. But that framing misses something important: a median household income of $50,435 in a county where 18.1% of residents live in poverty, and 21.7% of children are growing up below the poverty line, means the margin is thin. Even at $650 median rent — a number that would be laughably cheap in Jackson, let alone Memphis or New Orleans — 14.1% of renters are severely rent-burdened. Affordability is relative when wages are constrained.

The 47% labor force participation rate is the number that quietly explains much of this. In a county where 29.1% of residents report a disability — more than double the national rate — and where 19% are 65 or older, a large share of the adult population simply isn't in the workforce in traditional ways. That shapes everything from income levels to healthcare demand to the long-term trajectory of the local tax base.

The Connectivity and Brain Drain Challenge

With only 6.4% of adults holding a bachelor's degree — compared to roughly 35% nationally — and a 16.7% housing vacancy rate, Perry County shows the familiar fingerprints of rural outmigration. Young people leave for Hattiesburg, the Gulf Coast, or beyond, and not all of them come back. Nearly a quarter of households lack internet access, which limits remote work as a lifeline; just 0.4% of workers work from home, compared to roughly 18% nationally post-pandemic.


FAQs

What makes Perry County, Mississippi unique? Perry County sits at the heart of Mississippi's historic timber country, where longleaf pine forests shaped the economy for generations. It combines some of the most affordable homeownership conditions in the entire country with a deeply rooted, aging population — creating a real estate market that's stable but not growing, accessible but economically constrained.

Is Perry County a good place to buy a home? For buyers who want space, low purchase prices, and strong ownership culture, Perry County offers genuine value — homes at roughly 2.5 times median income is a ratio most Americans can only dream about. The trade-off is limited job diversity, a high uninsured rate (14.8%), and infrastructure gaps including spotty broadband. It's an ideal market for remote retirees or returning locals with outside income, less so for career-driven young professionals.

Why is the vacancy rate so high in Perry County? A 16.7% vacancy rate reflects decades of slow population decline common across rural Mississippi. As younger residents migrate toward urban employment centers, housing stock remains but demand softens. Some of these vacancies are seasonal or family-held properties; others simply sit empty as the county's population ages and shrinks. It's a dynamic that keeps prices low but signals long-term market fragility.

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