logo
    AI-Generated Neighborhood Summary

    Location Overview

    Byhalia, MS, is a small town located in Marshall County, primarily known for its rural charm and community-oriented atmosphere. It's close to the Tennessee border and provides a quieter lifestyle compared to larger cities. The property at 4553 Cayce Rd is not in the city center, making it a more rural choice, but it offers serene living away from the hustle and bustle.

    Community and Amenities

    The crime rate in Byhalia has traditionally been lower than urban areas, but you might want to check the latest local statistics for the most accurate information. The school district is served by Marshall County School District, which has various ratings depending on the specific school; overall, many schools see average performance. Nearby amenities include several local grocery stores and markets, with larger shopping centers available in surrounding areas like Olive Branch. There are local parks and recreational areas, and the nearby city of Memphis, TN, offers numerous tourist attractions such as Graceland and the Memphis Zoo. The average household income in Byhalia and nearby areas tends to be on the moderate side, with neighboring communities like Olive Branch having slightly higher averages due to more commercial development.

    Economic and Job Market

    The nearest prominent city center is Memphis, TN, approximately 30 miles away, offering broader employment opportunities and amenities. Job growth in the area has been steady, with sectors like logistics and manufacturing being significant contributors to the local economy. Overall, Byhalia provides a peaceful lifestyle with reasonable access to urban centers for employment, shopping, and entertainment, making it a balanced choice for those who enjoy rural living with urban conveniences nearby.

    Read less
    StreetView
    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Nestled in a community where the median home price stands at $144,600, this neighborhood presents a unique blend of opportunities and challenges for potential homebuyers. This price point is considerably below the national average, making it an attractive option for those seeking affordability. However, a deeper dive into the demographic and economic indicators reveals a complex picture. With a median household income of $45,833, the area falls short of the national average, indicating a more modest economic landscape. Despite this, the unemployment rate is impressively low at just 1%, suggesting stability and resilience in the local job market. The percentage of residents living under the poverty line is 20%, higher than national levels, which might indicate economic disparities within the community.

    Housing dynamics in this neighborhood reveal that 73% of the residences are owner-occupied, while only 9% are rented, suggesting a strong preference for homeownership. Interestingly, a significant portion of homeowners, 45%, do not carry a mortgage, reflecting financial prudence or generational home retention. However, 22% of owners face housing costs that consume 30% or more of their income, aligning with national levels and highlighting the financial pressure on certain homeowners. The vacant housing rate is 18%, which could either signal opportunities for investment or potential concerns about neighborhood desirability. Educational attainment is relatively low, with only 10% holding a college degree compared to national figures, possibly influencing job prospects and income levels. The predominant racial demographic is white, with 58% of households consisting of married couples, fostering a sense of traditional community values.

    While specific metrics such as walk and bike scores, crime index, and the proportion of non-U.S. citizens are not available, the available data paints a picture of a serene, possibly rural or suburban environment where stability is juxtaposed with economic challenges. If potential homebuyers are seeking similar price points with more favorable metrics, they might consider exploring neighboring areas where the educational attainment is higher, or economic indicators such as household income and poverty rates are closer to the national average. Such alternatives could offer enhanced lifestyle and investment potential while maintaining affordability. Ultimately, this neighborhood offers a compelling mix of low unemployment and high homeownership, inviting those who value stability and community, but it is worth considering adjacent areas for those seeking robust economic and educational opportunities.

    Median Home Price

    $144,600

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $45,833
    Nat'l Avg: $69,021

    Percent Under Poverty

    20%
    Nat'l Avg: 12%

    Median Contract Rent

    $728
    Nat'l Avg: $988

    Owners vs Renters

    73% / 9%
    Nat'l Avg: 57% / 31%

    Vacant Housing Units

    18%
    Nat'l Avg: 11%

    Unemployment Rate

    1%
    Nat'l Avg: 3%

    College Degree

    10%
    Nat'l Avg: 21%

    Dominant Race

    White
    Nat'l Avg: 68%

    Married-Couple Families

    58%
    Nat'l Avg: 48%

    Owners Without Morgages

    45%
    Nat'l Avg: 38%

    Mortgage ≥ 30% Income

    22%
    Nat'l Avg: 27%

    Rent ≥ 30% Income

    N/A
    Nat'l Avg: 46%

    Non-US Citizens

    0%
    Nat'l Avg: 7%
    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Arbor Oaks Park

    3.5 miles

    Methodist Olive Branch Hospital

    9 miles

    Walmart Supercenter

    6 miles

    Subway

    5 miles

    Snap Fitness

    6 miles

    Memphis International Airport

    28 miles

    Byhalia Elementary School

    4 miles

    Southaven Towne Center

    12 miles

    Byhalia Police Department

    4 miles

    Chickasaw Trail Fire Station

    5 miles

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    Property listed for sale at $159,900 on April 22, 2024, and sold on November 6, 2024.
    Property taxes decreased by 3.7% in 2023 to $808, with a tax assessment increase of 0.9% to $7,058.
    Nearby properties on Cayce Rd have experienced varied price changes, indicating a dynamic local real estate market.
    The Byhalia housing market showed a 10% decrease in median days on market in March 2025 compared to March 2024, suggesting increased demand. These insights highlight the property's recent sale, tax adjustments, local market variability, and overall market trends.

    Custom Narratives

    Byhalia's median home price reached $313,000 in February 2025, marking a 16.4% increase from the previous year.
    The town's population grew by 21.6% between 2021 and 2022, indicating a rising demand for housing.
    The median household income in Byhalia increased by 22.5% in 2022, enhancing residents' purchasing power.
    Byhalia's diverse community, with 40.5% Black or African American and 35% White residents, contributes to a rich cultural environment. These insights highlight Byhalia's dynamic real estate market and vibrant community, offering promising opportunities for potential homebuyers.

    Green Flags

    Quiet, rural setting
    Proximity to nature and outdoor activities
    Close-knit community atmosphere
    Access to major cities within a short drive

    Red Flags

    Limited public transportation options
    Fewer entertainment and dining choices
    Slower internet connectivity
    Potential for longer commute times
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

    Flood zone information is not available for this property at this time.

    Historical Flooding

    Historical flood damage records are not available for this property.

    Upgrade to Starter Plan

    $29.99/month

    Access to 15 property reports per month

    Detailed neighborhood demographics and lifestyle data

    School ratings and educational opportunities

    Crime statistics and safety assessment

    Property value trends and investment potential

    Flood risk analysis and FEMA zone information

    AI-powered recommendations and insights

    Subscription Features
    15 reports/mo

    Monthly subscription. Download and save reports, access interactive features, and receive monthly market updates.

    Cancel anytime. No long-term commitment required.