Personal loans in Issaquena County, MS: county guide

Issaquena County at a glance

The latest five-year Census estimate puts Issaquena County's population at 928; only 81 of Mississippi's 82 county-level areas are larger. Spread over 413 square miles, that works out to roughly 2.2 residents per square mile. Issaquena County is classed as nonmetropolitan in the OMB's July 2023 list. The Census Bureau counts 3 places in the county (1 incorporated, 2 census-designated); the largest is Mayersville, with about 196 residents, or 21% of the county. Small populations mean wide margins of error, so read every Issaquena County figure on this page as a rough guide.

Household income in Issaquena County

The median household income in Issaquena County is $31,429; statewide it is $56,447, so Issaquena County runs 44% below Mississippi as a whole.

Six-figure households (11%) are outnumbered by those under $35,000 (51%) in Issaquena County. 16.2% of residents fall below the federal poverty line (statewide: 18.9%). For a borrower in Issaquena County, the county median is only context: a lender looks at the income you can document, so pay stubs, benefit letters or tax returns matter more than any average.

How Issaquena County ranks in Mississippi

The 4 Issaquena County numbers that rank furthest from typical in Mississippi, and what each means for a borrower:

• Few Mississippi counties match Issaquena County on median household income: $31,429 here, $56,447 for the state, ranking the lowest of 82. Where incomes run low, free assistance and credit-union small-dollar loans deserve a look first.
• Few Mississippi counties match Issaquena County on median gross rent: $339/mo here, $954/mo for the state, ranking the lowest of 82. Cheaper housing gives many renters more slack in a budget.
• Population: 928 in Issaquena County, the lowest of 82 in Mississippi. In a small county, the nearest lender may not be the best; compare online offers too.
• The share of renters paying 30% or more of income for rent: 21% in Issaquena County, the lowest of 82 in Mississippi. Rents are manageable for most, which can leave space for savings.

Work, industries and travel time in Issaquena County

Education and health care (34%), agriculture, forestry and mining (18%) and retail trade (16%) lead Issaquena County's job mix. Compared with Mississippi, the county leans toward agriculture, forestry and mining (18% against 2%). Averaged over the five survey years, 5.1% of the labor force was out of work and looking. Long commutes are common here: 20% of workers spend 45 minutes or longer getting to work.

Seasonal work is common in many Issaquena County industries; if that is you, show a full year of income rather than one strong month.

Housing costs in Issaquena County

$339 a month is the median gross rent in Issaquena County, 64% below the state. About 2 in 10 Issaquena County renters pay 30% or more of income for rent. Home values center on $110,800, or 3.5 years of median income. In Issaquena County, 66% of occupied homes are owned by the people living in them. Half the housing stock was built before 1983.

Neighboring counties at a glance

Distances run center to center, from East Carroll Parish at 14 miles out to Yazoo County at 36. Issaquena County's $31,429 median trails 6 of the six and beats 0; the range runs $33,341 (East Carroll Parish) to $59,401 (Warren County). The list crosses into Louisiana, where different lending rules and regulators apply.

The communities that make up Issaquena County

Places, by size: the top 3 of 3. Roughly 59% of Issaquena County lives outside all of them, in open country or unnamed settlements. Mayersville and every other Issaquena County community use this county guide.

Local borrowing considerations for Issaquena County

Based on the Issaquena County data above, these borrowing questions are most likely to matter locally.

• Medical bills. 12% of Issaquena County residents are uninsured. Before borrowing for care, ask the provider about financial assistance and payment plans.
• Keeping the car running. At 20% with long commutes, repairs are a frequent Issaquena County emergency; first decide if the car is worth fixing.
• Manufactured housing (18%). Issaquena County owners should get two written repair quotes before borrowing.
• Age 49.8 at the median. Many Issaquena County applicants document income with award letters; ask about early payoff.

Who lives in Issaquena County, in numbers

Degree holders: 9% of adults over 25. The uninsured rate is 12.4%, against 11.0% for Mississippi.

Room for a loan payment in Issaquena County

The debt-to-income ratio is the main affordability test lenders use. Applied to Issaquena County's medians:

• Median income divided by twelve: $2,619 before taxes
• Less median rent of $339, which is 13% of it
• At 35%, room after rent is $578 a month
• 45% debt-to-income limit: $840 left for all other debt payments

Two-income households and single earners in Issaquena County land in very different places on this math, so run it for your own budget.

A Issaquena County borrower's checklist

Steps that save money for Issaquena County residents:

• Write down what the expense costs; a smaller loan costs less.
• Compare the total repaid on every offer, not just the payment.
• Confirm the lender is licensed in Mississippi.
• Never pay a fee up front to get a loan.

Mississippi rules that apply in Issaquena County

The Mississippi Department of Banking and Consumer Finance is the place to verify any lender's Mississippi license. Federal complaints: consumerfinance.gov. State-level detail for Issaquena County borrowers is in the Mississippi guide.

Beyond Issaquena County

The Mississippi guide covers the whole state.

• Mississippi state guide