Falkner, Mississippi.
Typical home $150,755 (+1.2% in a year).
to buy the typical home at today's mortgage rate — +$309 (+64%) since Feb 2021.
- 1 year
- Up $1,836 +1%
- $148,920$150,755 since Sep 2025
- 5 years
- Down $1,924 -1%
- $152,679$150,755 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Falkner$791
- Mississippi$1,021
- United States$1,922
At the last five years' pace, prices here aren't rising.
Typical home values in Falkner, MS rose 1.2% over the past year — in step with the nation.
Living in Falkner, Benton County, Mississippi
Falkner is a town of 437 people in Benton County. Half its households earn more than $58,472 a year and half less, against $46,016 across Benton County; 8% of its people live below the poverty line. 93% of its homes are lived in by their owners and 7% are rented. Unemployment in Benton County was 3.3% in August 2026, and the county had 2.6% more jobs in 2025 than the year before. The most people in Benton County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Falkner is a small town in Benton County, Mississippi, and nearly everyone who lives here owns their home. Household incomes run higher than across the county, and a smaller share of people live below the poverty line than you might expect for a rural community. Winters are cool and short, with only a little snow, and summers are hot and the year is quite wet.
Work. Residents mostly work in schools, hospitals and social care, in manufacturing, and in the building trades. The largest workplaces in Falkner include the North Tippah School District, Interstate Landscaping, and Xcavators. Unemployment across Benton County is lower than it was a year ago, and the county has added jobs over the past year.
Things to do. Lake Chautauqua, a reservoir, and the Wolf River are both a short drive away, which makes for easy days of fishing or time on the water. Farther afield, Holly Springs National Forest is a longer drive and offers a large protected area to walk and explore. Brice's Cross Roads National Battlefield Site, also a longer drive, is a place for those interested in Civil War history.
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- 15%of adults have a degree
- 8%below the poverty line
What people in Benton County work in
Employed residents by industry, from the Census survey. Benton County had 1,065 jobs in 2025, 2.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 49° and lows near 29°; warmest in July, with highs near 90° and lows near 69°. About 2 inches of snow and 58 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Ripley weather station, 7 miles away (NOAA).
Largest workplaces in Falkner
- North Tippah School DistSchool district185FTE
- Interstate Landscaping ofLandscape contractors55
- XcavatorsExcavation contractors50
- J. R. Griffin FarmsGrass hay farming20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 125 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- Cold wavesRelatively high
- LightningRelatively high
- Heat wavesRelatively high
- Strong windRelatively high
- Earthquakesrelatively high in parts of FalknerRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Falkner’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Benton County.
Falkner home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Falkner$150,755
- Mississippi$194,531
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
Not enough data to draw this yet.
Zip codes with a Falkner address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Falkner — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Falkner
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 38603 | Ashland | 2,530 | — | $151,903 |
| 38629 | Falkner | 2,028 | — | $149,299 |