Cost of Living in Alcorn County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Alcorn County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Alcorn County ranks #2,200 of 3,144 counties for affordability (bottom 30%)
Data Story
About Cost of Living in Alcorn County, Mississippi
Alcorn rents well below national strain
At 17.7%, Alcorn County's rent-to-income ratio sits comfortably below Mississippi's 19.6% average and well below the national renter burden of roughly 28-30%. With median income of $49,404—closer to statewide norms—Alcorn offers more breathing room for housing costs.
Top tier for affordability in Mississippi
Alcorn County ranks among Mississippi's more affordable counties with a 17.7% rent-to-income ratio, nearly 2 percentage points better than the state average. This efficiency reflects a balance between moderate rent ($728) and solid median income ($49,404).
Alcorn vs. surrounding counties
Alcorn's $728 rent is comparable to Adams County ($720) but carries less affordability strain thanks to a $9,154 income edge. Alcorn outpaces Attala County ($774 rent) and significantly beats Amite County's affordability stress, making it a stronger choice for renters on average incomes.
Alcorn's monthly housing math
Renters here pay $728 monthly while homeowners average $665, against median household income of $49,404—or roughly $4,117 monthly. This leaves renters about $297 after rent, and homeowners $325, providing reasonable cushion for other living expenses.
Relocating to Alcorn County?
Alcorn delivers solid affordability with median rents of $728 and median home values of $132,300 paired with above-average county incomes. If you're comparing options, note Alcorn's higher ownership costs ($665/month) relative to Adams, but stronger income potential makes homeownership more achievable here.
Cost of Living Advisory: Alcorn County
Affordability Verdict
Alcorn County offers affordable rental housing at a median of $728/month — about 17.7% of the typical household income here.
Rent vs. Own
The median rent in Alcorn County is $728/month, while owner costs run $665/month. Owning saves approximately $63/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,120/year. For owner costs at the 28% rule, the required income is roughly $28,500/year. With a median household income of $49,404, most households can comfortably afford rent here. Notably, 26.0% of renter households in Alcorn County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Mississippi, Alcorn County is more affordable than Calhoun County by roughly 8% ($728/mo vs $674/mo).
Affordability Calculator
See how your income compares to housing costs in Alcorn County
Rent Burden
17.7%
of gross income
Max Housing (28% Rule)
$1,153
per month
Owner Cost Burden
16.2%
of gross income
You can likely afford the median home in Alcorn County
Median home value is $132,300. Estimated monthly cost: $1,056 vs. your max of $1,153.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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