Cost of Living in Clarke County, Mississippi

$803/mo
Median Monthly Rent
$114,300
Median Home Value

At a Glance

Median Monthly Rent
$803/mo
3% above state average
Median Home Value
$114,300
59% below national
Rent-to-Income Ratio
32.0%
% 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 Clarke County Compares

Median monthly rent comparison

Clarke County$803/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$803/mo
Median Gross Rent
$114,300
Median Home Value
$502/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Clarke County ranks #525 of 3,144 counties for affordability (top 17%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Clarke County, Mississippi

Clarke's rents run above state average

With a rent-to-income ratio of 20.9%, Clarke County exceeds Mississippi's state average by 1.3 percentage points, driven by above-state median rents of $803/month. The $46,054 household income falls short of national norms, amplifying the relative burden.

Mid-to-upper tier for housing costs

Clarke County's 20.9% rent-to-income ratio places it above the state median, ranking it among less affordable Mississippi counties. Its $803 median rent is the highest in this eight-county comparison, reflecting local demand or limited supply.

Steepest rents in the region

Clarke's $803 median rent towers over Choctaw ($661) and Covington ($639), costing $100+ more monthly than the cheapest nearby options. This premium reflects Clarke's comparatively robust median home value of $114,300, the second-highest in the group.

Renters bear the heaviest load

Renters in Clarke pay $803/month—20.9% of the $46,054 median income—while homeowners pay only $502/month (13.1%), creating a stark gap between the two groups. This disparity suggests a rental market under pressure.

Buy here, don't rent, if possible

Clarke County makes more sense for homebuyers than renters: mortgage costs sit well below state norms while rents remain stubbornly high. If you're relocating and can afford to purchase, Clarke's median home value of $114,300 may deliver better value than its rental market.

Cost of Living Advisory: Clarke County

Affordability Verdict

Clarke County offers affordable rental housing at a median of $803/month — about 20.9% of the typical household income here.

Rent vs. Own

The median rent in Clarke County is $803/month, while owner costs run $502/month. Owning saves approximately $301/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,120/year. For owner costs at the 28% rule, the required income is roughly $21,514/year. With a median household income of $46,054, most households can comfortably afford rent here. Notably, 32.0% of renter households in Clarke County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Clarke County sits 7% less expensive than Panola County ($859/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Clarke County

$

Rent Burden

20.9%

of gross income

Max Housing (28% Rule)

$1,075

per month

Owner Cost Burden

13.1%

of gross income

You can likely afford the median home in Clarke County

Median home value is $114,300. Estimated monthly cost: $912 vs. your max of $1,075.

Rent Affordability Guide

Your rent-to-income ratio20.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,054Needed: $32,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,054Needed: $21,514
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,054Needed: $26,601

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

What is the cost of living in Clarke County, Mississippi?
Clarke County, Mississippi has a median monthly rent of $803/mo and a median home value of $114,300. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Clarke County?
The median gross rent in Clarke County is $803/mo. This is 3% above state average for Mississippi.
Is Clarke County affordable?
Clarke County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Clarke County's rent compare to the state average?
Clarke County's median rent of $803/mo is 3% above state average of $782/mo for Mississippi.
What is the median home value in Clarke County?
The median home value in Clarke County, Mississippi is $114,300. This is 59% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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