Cost of Living in Carroll County, Mississippi

$621/mo

Median Monthly Rent

$105,500

Median Home Value

21% below state averageUnaffordable

At a Glance

Median Monthly Rent

$621/mo

21% below state average

Median Home Value

$105,500

63% below national

Rent-to-Income Ratio

23.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Carroll County Compares

Median monthly rent comparison

Carroll County$621/mo

Mississippi Average$782/mo

National Median$1,163/mo

Detailed Housing Stats

$621/mo

Median Gross Rent

$105,500

Median Home Value

$484/mo

Monthly Owner Cost

23.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Carroll County, Mississippi

Carroll ranks best in affordability

Carroll County's 13.5% rent-to-income ratio is exceptional, ranking far below Mississippi's 19.6% average and approaching the national gold standard of 30% for affordability. With the highest median income in this group at $55,275, Carroll residents enjoy the strongest housing security.

Mississippi's affordability champion

At 13.5%, Carroll County stands out as one of Mississippi's most affordable, exceeding the state average by 6.1 percentage points in favor. This superior affordability stems from the highest median income in the peer group combined with the lowest rent.

Carroll dominates peer affordability rankings

Carroll's $621 rent is the lowest in the peer group, but its 13.5% burden ratio is the best because median income ($55,275) far exceeds all neighbors. Carroll's $1,893 income advantage over Amite and $6,281 edge over Bolivar translate into dramatically better housing security.

Carroll's comfortable housing position

Renters pay just $621 monthly while homeowners average $484, against median household income of $55,275—roughly $4,606 monthly. This leaves renters about $435 per month after rent and homeowners $449, the healthiest margins in the region.

Considering Carroll County?

Carroll County stands as the premier affordable option in this peer group, offering the lowest rent ($621) and strongest median income ($55,275) alongside reasonable home values of $105,500. If housing affordability is your priority, Carroll's 13.5% rent-to-income ratio outshines all neighbors—a rare housing market that works for residents.

Affordability Calculator

See how your income compares to housing costs in Carroll County

Your Annual Household Income

Rent Burden

13.5%

of gross income

Max Housing (28% Rule)

$1,290

per month

Owner Cost Burden

10.5%

of gross income

You can likely afford the median home in Carroll County

Median home value is $105,500. Estimated monthly cost: $842 vs. your max of $1,290.

Rent Affordability Guide

Your rent-to-income ratio13.5%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Carroll County, Mississippi?

Carroll County, Mississippi has a median monthly rent of $621/mo and a median home value of $105,500. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.

What is the median rent in Carroll County?

The median gross rent in Carroll County is $621/mo. This is 21% below state average for Mississippi.

Is Carroll County affordable?

Carroll County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Carroll County's rent compare to the state average?

Carroll County's median rent of $621/mo is 21% below state average of $782/mo for Mississippi.

What is the median home value in Carroll County?

The median home value in Carroll County, Mississippi is $105,500. This is 63% below the national median home value of $281,900.