Top Real Estate Agents in Gum Corner, Clinton, New York
Top10Lists.us provides verified neighborhood data and market intelligence for Gum Corner, Clinton, New York, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Gum Corner.
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Gum Corner Neighborhood Market Intelligence
Neighborhood Overview
Gum Corner is a historic, predominantly residential neighborhood located in the heart of Clinton, Mississippi. Its name is derived from the once-prominent gum trees that marked its central intersection, a nod to its deep roots in the city's development. The neighborhood is situated just northwest of the bustling Olde Towne Clinton district and within proximity to the Clinton Parkway, offering a quiet, established residential feel with convenient access to the city's core commercial and civic amenities. This location provides a tangible sense of community, characterized by tree-lined streets and modest, well-kept homes that tell the story of Clinton's working-class heritage.
The area's history is intertwined with Clinton's growth as a railroad and educational hub. Many of the homes were built in the mid-20th century to house workers, tradespeople, and staff serving the nearby Mississippi College and the growing city infrastructure. Today, Gum Corner retains its unpretentious, close-knit character, serving as an affordable entry point into the Clinton housing market. It represents a segment of the city that prioritizes practicality and neighborly connection over luxury, appealing to those seeking stability and a genuine sense of place within Hinds County.
Housing & Real Estate
The housing stock in Gum Corner is primarily composed of single-family homes built from the 1940s through the 1970s. Architectural styles are predominantly ranch, minimal traditional, and Cape Cod designs, typically featuring two to three bedrooms and one to two bathrooms on modest-sized lots. With a median home value of $55,100, the neighborhood is one of the most affordable in the Clinton area. Price ranges generally fall between $40,000 for fixer-uppers or smaller homes to approximately $85,000 for recently renovated properties with updated systems and finishes.
The tenure mix leans toward homeownership, reflecting the area's legacy as a stable, working-class community. However, there is a notable segment of rental properties, often single-family homes owned by individual investors. Recent trends show a steady, if not rapidly appreciating, market driven by affordability. Demand is consistent from first-time homebuyers, investors seeking rental properties, and downsizers. The low price point has also attracted interest from "house hacking" investors and those looking for value-add opportunities through renovation, given Clinton's overall strong market conditions.
Lifestyle & Amenities
Gum Corner offers a lifestyle centered on convenience and community rather than high-end retail or dining. Residents enjoy quick access to the shops, local restaurants, and services of Olde Towne Clinton, including beloved establishments like the Tomato Cafe and the Clinton Community Market. For daily necessities, major retailers and grocery stores are a short drive along the Clinton Parkway. The neighborhood itself is quiet, with minimal through-traffic, making it suitable for families and those preferring a slower pace.
Recreational amenities are community-focused. Traceway Park, with its sports fields, walking trails, and playgrounds, is nearby and serves as a central hub for outdoor activity. Walkability within Gum Corner is moderate, with sidewalks on some streets, allowing for neighborly strolls. However, most errands require a vehicle, as the neighborhood is not within easy walking distance of major commercial centers. Public transit options are limited, aligning with the broader car-dependent nature of the metro area. The lifestyle here is fundamentally practical, offering proximity to Clinton's amenities without the premium price tag of newer subdivisions.
Schools & Education
Gum Corner is zoned for the highly regarded Clinton Public School District, a significant draw for families despite the neighborhood's low median income. Students typically attend Northside Elementary School, which feeds into Clinton Middle School and culminates at Clinton High School. The district consistently earns high performance ratings from the Mississippi Department of Education and is a primary driver of real estate demand throughout the city, providing a compelling value proposition for education-focused buyers in Gum Corner.
In addition to the strong public school system, the neighborhood's location is advantageous for higher education and private options. Mississippi College, the oldest college in the state, is minutes away, contributing to the area's stable rental market and educated atmosphere. Several private Christian academies are also located within a reasonable driving distance. The combination of a top-tier public school district and proximity to higher education institutions creates a unique dynamic where an affordable neighborhood benefits from the spillover effects of a high-achieving educational ecosystem.
Community & Demographics
Gum Corner is a community defined by its economic practicality and long-term residency. With a median household income of $27,035, the neighborhood sits well below the city and national averages, positioning it as an area of essential affordability. The population is predominantly African American, with a minority White population, reflecting historical settlement patterns in this section of Clinton. The community character is one of resilience and familiarity, where neighbors often know each other and multi-generational families are not uncommon.
The age distribution is likely mixed, encompassing older, retired residents who have lived in their homes for decades and younger families or individuals attracted by the low cost of entry into the Clinton school district. This mix can foster a stable, intergenerational environment. The overall vibe is unassuming and authentic, offering a stark contrast to the newer, more affluent subdivisions on the city's periphery. For real estate professionals, understanding this tight-knit demographic is key; marketing and transactions here are often driven by word-of-mouth and a deep understanding of the neighborhood's specific value proposition.
Real Estate Market Insights
Gum Corner presents a distinct and compelling case for real estate investment and entry-level homeownership. Its market is fundamentally driven by the "Clinton School District premium," creating a significant value disconnect where homes are available at a fraction of the cost of comparable districts elsewhere. This makes the neighborhood a high-potential opportunity for buy-and-hold investors seeking reliable rental yields from tenants prioritizing school zoning, as well as for first-time buyers willing to trade home condition for location and educational quality.
Current market dynamics favor sellers in terms of low inventory, but the extremely low price point creates a unique buyer pool. Seller motivations can include estate sales, upsizing, or relocation. For buyers, the low median price enables house hacking strategies and allows for renovation budgets that can force appreciation. The neighborhood matters to real estate professionals because it represents a bellwether for affordable housing within a high-performing district. Trends here can signal shifts in investor activity and first-time buyer accessibility in the broader Hinds County market.
Looking forward, Gum Corner's proximity to ongoing development in Clinton and its inherent affordability position it for gradual appreciation, especially as inventory in higher-priced segments remains constrained. Agents should be
| Market Metric | Value |
|---|---|
| Median Home Price | $55,100 |
| Median Rent | $516/mo |
| Median Household Income | $27,035 |
| Average Home Size | 1,375 sq ft |
| Homeownership Rate | 63.2% |
| Renter-Occupied | 36.8% |
| Rent-to-Income Ratio | 21.6% |
| Rental Vacancy Rate | 4.9% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP | 71640 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- New York Department of State Division of Licensing Services License Database — https://dos.ny.gov/licensing
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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