Cost of Living in Clay County, Mississippi
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 Clay County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Clay County ranks #880 of 3,142 counties for affordability (top 28%)
Sourced county brief
Clay County Median Gross Rent Estimated at $817
Clay County's median gross rent is $817 per month, which is $12 above the Mississippi unweighted county mean of $805. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) was estimated at 31.2 percent, which is 1.7 percentage points higher than the state unweighted county mean GRAPI of 29.5 percent. The median home value in the county is $129,100, while the state unweighted county mean is $135,817. Median selected monthly owner costs for all owner-occupied units were $674. Among the local population, renter-household median income is $25,698, and the overall median household income is $43,125. These figures are based on the 2020-2024 ACS 5-Year Estimates and serve as a snapshot of the housing environment. 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: Clay County
Affordability Verdict
ACS B25071 estimates median gross rent at 31.2% of renter household income in Clay 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 $817 per month; median selected monthly owner costs are $674. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,680 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 Mississippi unweighted mean of county median rents is $805 per month. Clay County's $817 median is 1.5% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Clay County
Rent Burden
22.7%
of gross income
Max Housing (28% Rule)
$1,006
per month
Owner Cost Burden
18.8%
of gross income
The median home in Clay County may be a stretch
Median home value is $129,100. Estimated monthly cost: $1,031 vs. your max of $1,006.
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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