Schlater, Mississippi.
Typical home $119,138 (-7.4% in a year). Greenwood, MS metro.
to buy the typical home at today's mortgage rate — $150 (-19%) since Dec 2023.
- 1 year
- Down $9,454 -7%
- $128,592$119,138 since Sep 2025
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.
- Schlater$625
- Mississippi$1,021
- United States$1,922
Typical home values in Schlater, MS fell 7.4% over the past year — slower than the nation's +1.2%.
Living in Schlater, Leflore County, Mississippi
Schlater is a town of 236 people in Leflore County. 95% of its homes are lived in by their owners and 5% are rented. Unemployment in Leflore County was 5.7% in August 2026, and the county had 3.8% fewer jobs in 2025 than the year before. The most people in Leflore County work in schools and health care, then shops.
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 It can be wrong or out of date.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. Schlater is a very small town in the Mississippi Delta, home to far fewer people than most towns. Nearly everyone who lives here owns their home, a much higher share than across the county. Homes are modestly priced, and incomes across Leflore County sit well below what is typical for the country.
Work. Residents work mostly in schools, hospitals and social care, with others in shops, manufacturing, and restaurants, hotels and entertainment. Across Leflore County, the largest workplaces include Mississippi Valley State University, Milwaukee Tool and Greenwood Leflore Hospital. Jobs across the county have been shrinking, and unemployment there is a little lower than a year ago.
Things to do. Florewood State Park, a protected area, is a short drive away, as is Rice–Totten Field, a stadium. For a longer drive, the B.B. King Museum and Delta Interpretive Center is a museum devoted to the blues, and the Yazoo River offers time by the water. Winters are mild and almost never snowy, summers are hot, and the year is a wet one.
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What people in Leflore County work in
Employed residents by industry, from the Census survey. Leflore County had 12,090 jobs in 2025, 3.8% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 53° and lows near 36°; warmest in July, with highs near 92° and lows near 73°. About 1 inches of snow and 61 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Minter City weather station, 12 miles away (NOAA).
Largest workplaces in Leflore County
- Mississippi Valley State UniversityUniversity or college485
- Milwaukee ToolHandtools, power-driven, manufacturing452
- Greenwood Leflore HospitalGeneral hospital373FTE
- WalmartWarehouse clubs and supercenters284
- Milwaukee ToolHandtools, power-driven, manufacturing223
- Viking Range, LLC - Cooking ProductsGas ranges, household-type, manufacturing189
- Upchurch Plumbing (Greenwood)Plumbing contractors166
- RC Construction CoPavement, highway, road, street, bridge or airport runway, construction127
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 25 workplaces with 20 or more staff, 2,547 people in all across the county; Schlater has none of its own. Colleges come from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- DroughtRelatively high
- HailRelatively moderate
- Cold wavesRelatively moderate
- TornadoesRelatively moderate
- Inland floodingRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Schlater’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 Leflore County and the Greenwood, MS metro.
Schlater home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Schlater$119,138
- 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.
Zip codes with a Schlater address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Schlater — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.