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This is the Least Expensive Housing Market in Mississippi | Mississippi

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www.thecentersquare.com – By Samuel Stebbins, 24/7 Wall St. via The Center Square – 2023-06-23 13:51:31

Homeownership was once a cornerstone of the American dream. But for a growing share of the population, it is now more akin to a pipe dream. Within the last two years, real incomes have been crushed under the weight of historic inflation. At the same time, the Federal Reserve’s interest rate hikes have sent mortgage rates soaring.

With reduced buying power and increased borrowing costs, consumer interest in the real estate market has cooled. The number of existing home sales in the U.S. declined by 23% from April 2022 to April 2023, according to the National Association of Realtors. But while demand from home buyers has fallen, home prices have not. (These are the states with the worst housing shortages for low income Americans.)

According to the real estate market website Realtor.com, the median list price for a home in the United States was $441,445 in May 2023 – 2.7% higher than it was a year earlier. But while such prices are prohibitively high for most Americans, there are parts of the country where homes are selling for far less and where homeownership is still possible for those on a modest budget.

Of the 68 counties in Mississippi with available data from Realtor.com and at least 10 homes actively listed, Humphreys County has the least expensive housing market. As of May 2023, the median list price in the area was $79,000, compared to the statewide median list price of $284,000.

All data in this story is from Realtor.com.

 

State County or county equivalent with cheapest housing market Median list price in county/county equivalent ($) Median list price in state ($) Counties/county equivalents considered
Alabama Dallas 70,500 336,750 63
Alaska Hoonah-Angoon 219,975 415,400 12
Arizona Graham 323,500 500,000 14
Arkansas Jackson 79,425 291,075 66
California Alpine 41,175 774,500 57
Colorado Crowley 164,900 649,450 57
Connecticut Hartford 386,950 579,900 8
Delaware Kent 417,225 499,997 3
Florida Hamilton 232,000 475,000 66
Georgia Terrell 96,175 400,000 131
Hawaii Hawaii 617,944 850,000 4
Idaho Butte 256,250 589,500 43
Illinois Greene 51,350 321,150 85
Indiana Sullivan 88,700 306,475 89
Iowa Page 112,500 319,950 91
Kansas Cloud 69,425 321,632 63
Kentucky Letcher 103,000 307,364 105
Louisiana Evangeline 113,875 289,950 60
Maine Aroostook 189,000 439,475 16
Maryland Allegany 122,350 426,780 24
Massachusetts Hampden 344,175 799,000 14
Michigan Iron 115,600 292,450 82
Minnesota Faribault 119,725 409,950 82
Mississippi Humphreys 79,000 284,000 68
Missouri Knox 62,363 301,350 105
Montana Phillips 160,375 675,000 39
Nebraska Furnas 134,900 372,513 43
Nevada Mineral 180,000 469,750 14
New Hampshire Coos 261,975 549,950 10
New Jersey Cumberland 254,975 544,500 21
New Mexico Cibola 156,875 382,475 28
New York Livingston 124,900 654,475 62
North Carolina Northampton 134,950 425,000 99
North Dakota Pierce 139,500 349,350 23
Ohio Jefferson 99,850 257,500 87
Oklahoma Woods 85,125 319,950 66
Oregon Harney 295,000 579,925 33
Pennsylvania Cambria 85,500 299,000 66
Rhode Island Providence 409,900 537,000 5
South Carolina Marlboro 143,440 360,995 45
South Dakota Perkins 98,000 372,375 27
Tennessee Lake 112,400 449,995 95
Texas Hall 86,499 389,950 210
Utah Emery 305,000 629,900 26
Vermont Essex 235,950 454,500 14
Virginia Buchanan 64,725 456,062 122
Washington Adams 378,725 650,000 37
West Virginia Mcdowell 59,175 239,495 47
Wisconsin Florence 194,925 375,000 70
Wyoming Washakie 218,750 477,500 22

 

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News from the South - Oklahoma News Feed

Senators propose bill to curb drug smuggling at southern border | Arizona

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www.thecentersquare.com – By Liam Hibbert | The Center Square contributor – (The Center Square – ) 2025-02-21 18:45:00

(The Center Square) – A bipartisan group of U.S. senators has introduced a bill to use image technicians to ebb the flow of drugs smuggled into the United States from the southern border. 

The Border Enforcement, Security and Trade Facilitation Act of 2025 comes amid increased conversation around border security in President Donald Trump’s second term, and in response to high-profile drug busts on the southern border. It would create technician jobs in border security for five years, but with no clear plan for the future.

The bill is sponsored by U.S. Sens. Mark Kelly, D-Arizona; James Lankford, R-Oklahoma, and John Cornyn, R-Texas.

“Customs and Border Protection needs more trained personnel to stop illegal drugs, weapons and human smuggling from entering our country,” Kelly said in a statement this week. “By adding image technicians to identify threats at ports of entry, we’re giving law enforcement another essential tool to secure the border while keeping trade flowing.”

It is unclear exactly what impact the technology would have on smuggling of drugs or other illicit goods. The bill also left out the program’s cost. Kelly’s press office did not respond to a request for comment from The Center Square on either of these issues. 

Nearly 1,000 pounds of fentanyl – the drug that has become the center point of the substance abuse issue in the U.S. in recent years – was seized along the southwestern border in January 2025. It was the month’s lowest tally since 2022.

“Adding more personnel at ports of entry will immediately provide our country with another layer of security to prevent traffickers from smuggling weapons or drugs across the border,” said Lankford. “Border law enforcement has repeatedly asked for more support to analyze cargo images in real time, so this bill also gives them tools they need to catch criminals and secure our border.”

The program would run for five years, starting from when the bill is passed. No details have yet come out about next steps for the program or the image technicians it would employ. 

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News from the South - North Carolina News Feed

Voluntary retirement plans healthy, among nation’s largest, lowest cost | North Carolina

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www.thecentersquare.com – By David Beasley | The Center Square contributor – (The Center Square – ) 2025-02-20 18:01:00

(The Center Square) – While the pension plan for North Carolina state employees remains underfunded, the same can’t be said for a separate, voluntary 401(k) style programs for public employees, according to a report Thursday.

There are 294,625 employees enrolled in NC 401(k) Plan, and another 57,413 in the NC 457 Plan. Both plans are designed to supplement public pensions. State Treasurer Brad Briner chairs the board that oversees the two programs.

Briner has expressed concern that the state’s pension plans are underfunded by about $16 billion and rank near the bottom nationally in investment performance.

However, the 401(k) and 457 programs are “among the largest and lowest-cost public plans in the country,” the treasurer’s office said in a release.

The 401(k) plan allow public employees to make contributions with pretax payroll deductions. The 457 plan, also through payroll deductions, is a deferred compensation program.

Michael McCann, managing director of Empower, which manages the North Carolina plans, provided an upbeat report to the state’s Supplemental Retirement Board of Trustees.

“From a plan health perspective, everything is looking really good in terms of the trend line,” McCann told the board. “Average participant balances are continuing to increase. The active participation rate is above its historical norm. The active average employee deferral continues to set higher and higher trends in terms of what participants are contributing.”

Even with an aging population and increased retirements, the plans continue to grow, McCann added.

“We’re also replenishing that population, where total unique participant balances continue to increase,” he said. “Last year, was our second best year ever, beating 2023 in terms of total enrollment.”

Another sign of stability of the plans is loan activity – participants borrowing from their accounts – remained consistent in 2024, despite the heavy damage from Hurricane Helene in the western part of the state.

About 2,000 plan participants did take advantage of the Qualified Disaster Relief distributions that were approved by the board last fall. Participants who lived in the disaster areas were allowed to withdraw up to $22,000 without penalties, and can later recontribute some or all of the amounts withdrawn if they choose.

A waiver extension of the board’s administrative fee for 12 months was approved unanimously. A release says the action will save participants $1.7 million over the next year.

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News from the South - Tennessee News Feed

Grant program for artificial intelligence weapons detection in schools proposed | Tennessee

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www.thecentersquare.com – By Kim Jarrett | The Center Square – (The Center Square – ) 2025-02-20 15:17:00

(The Center Square) – The Tennessee Senate will consider legislation that establishes a pilot program for an artificial intelligence weapons detection system.

One of the grant requirements is a loss of life on campus due to gun violence during the 2024-25 school year, which makes Metro Nashville Public Schools the only system eligible, said Sen. Todd Gardenhire, R- Chattanooga, the bill’s sponsor.

A 17-year-old student at Antioch High School killed one student before committing suicide with a gun in January. Another student was injured.

Metro Nashville Public Schools is implementing the Evolv weapons detection system in its schools.

“The system uses low-frequency radio waves and AI technology to scan individuals as they walk through,” the school system said on its website. “If an item is flagged, school staff will conduct a quick secondary check, making the process faster and less invasive than traditional metal detectors.”

The artificial intelligence system can differentiate between other metals such as cellphones and keys and weapons, the school system said.

Antioch High School began testing the technology just days after the shooting.

The Metropolitan Nashville Board of Public Education approved $1.25 million to place the system in all high schools.

The pilot program begins with the 2025-26 school year. The cost to the state for the start of the grant program is $17,000, but the amount of grant funding is unknown, according to the bill’s fiscal note.

The Senate Education Committee approved the bill unanimously on Wednesday. The full Senate will consider it on Monday.

A companion bill in the House of Representatives sponsored by Rep. Antonio Parkinson, D- Memphis, is assigned to the House Education Administration Subcommittee.

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