Southaven, MS Profile: Facts & Data

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Southaven, Mississippi - Basic Facts

The City of Southaven is the 3rd largest city in Mississippi with a population of 57,322 as of July 1, 2023. Southaven ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Mississippi. See peer rankings below.

The primary coordinate point for Southaven is located at latitude 34.989 and longitude -90.0126 in DeSoto County. The formal boundaries for the City of Southaven encompass a land area of 41.29 sq. miles and a water area of 0.24 sq. miles. DeSoto County is in the Central time zone (GMT -6).

The City of Southaven has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Southaven is located within Supervisor District 2, a minor civil division (MCD) of DeSoto County.


Jump to... (On This Page!)
  1. Southaven 2023 Demographic Data
  2. Growth Rates for Southaven (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Mississippi Research Tools (Easy Tools & Current Data)
  3. Mississippi Data Comparison Tool - 2023 Demographics
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Southaven, MS Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 57,322 (100%)
Population in Households 57,035 (99.5%)
Population in Families 48,003 (83.7%)
Population in Group Quarters1 287 ( 0.5%)
Population Density 1,387
Diversity Index2 64
 
 

INCOME

Median Household Income $67,824
Average Household Income $83,653
% of Income for Mortgage4 21%
Per Capita Income $31,713
Wealth Index5 63
Socioeconomic Status Index6 Moderate (51.8)
 

HOUSING

Total HU (Housing Units) 23,496 (100%)
Owner Occupied HU 14,844 (63.2%)
Renter Occupied HU 6,864 (29.2%)
Vacant Housing Units 1,788 ( 7.6%)
Median Home Value $234,902
Average Home Value $243,534
Housing Affordability Index3 119
 

HOUSEHOLDS

Total Households 21,708
Average Household Size 2.63
Family Households 15,425
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 1.48% 0.80%
Households 1.48% 0.86%
Families   0.82%
Median Household Income   2.57%
Per Capita Income   2.34%
Owner Occupied HU   1.10%

Southaven, MS - Peer Comparisons by Rank and Percentile

The table below compares Southaven to the other 427 incorporated cities, towns and CDPs in Mississippi by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 3 100th
Population Density # 26 94th
Median Household Income # 49 89th
Housing Affordability Index # 134 31st
Per Capita Income # 80 81st
Diversity Index # 22 95th

Additional comparisons and rankings can be made with a VERY EASY TO USE Mississippi Census Data Comparison Tool.

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