Cost of Living in Mississippi County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Mississippi County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Mississippi County ranks #992 of 3,142 counties for affordability (top 32%)
Sourced county brief
Mississippi County Renter Median Income Below Thirty Thousand Dollars
Renter-household median income in Mississippi County was $27,276 during the 2020-2024 ACS period. The official median gross rent as a percentage of household income (GRAPI) was 31.0%. This official B25071 figure is 2.6 percentage points higher than the Arkansas unweighted county mean of 28.4%. The median gross rent for the county was $830 per month, which is above the state unweighted county mean of $774. For homeowners, the median selected monthly owner cost was $694, compared to the state unweighted county mean of $663. The median home value was estimated at $122,500, which is lower than the state unweighted county mean of $141,465. These figures are based on the 2020-2024 5-year estimates and are not a projection of future market changes. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Mississippi County
Affordability Verdict
ACS B25071 estimates median gross rent at 31.0% of renter household income in Mississippi County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $830 per month; median selected monthly owner costs are $694. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $33,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Arkansas unweighted mean of county median rents is $774 per month. Mississippi County's $830 median is 7.2% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Mississippi County
Rent Burden
19.0%
of gross income
Max Housing (28% Rule)
$1,226
per month
Owner Cost Burden
15.8%
of gross income
You can likely afford the median home in Mississippi County
Median home value is $122,500. Estimated monthly cost: $978 vs. your max of $1,226.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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