Cost of Living in George County, Mississippi

$868/mo
Median Monthly Rent
$168,100
Median Home Value
11% above state averageUnaffordable

At a Glance

Median Monthly Rent
$868/mo
11% above state average
Median Home Value
$168,100
40% 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 George County Compares

Median monthly rent comparison

George County$868/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$868/mo
Median Gross Rent
$168,100
Median Home Value
$703/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in George County, Mississippi

Below-average income, reasonable rent burden

George County's median household income of $54,822 falls 27% short of the national average, but its 19.0% rent-to-income ratio stays remarkably close to national norms. This balance suggests George offers more affordable housing relative to earnings than many higher-income areas struggle to find.

Better affordability than state average

With a 19.0% rent-to-income ratio, George County outperforms the state average of 19.6%, despite median rent of $868 running 11% above the $782 state average. The county manages this feat through stable, modest incomes that align reasonably well with local housing costs.

Middle ground among peer counties

George's $868 rent and $54,822 income place it squarely between lower-cost Franklin ($706 rent) and higher-cost Harrison ($1,074 rent). The county offers a stable middle option for those seeking both accessibility and slightly more developed housing markets.

Ownership costs slightly exceed renting

Renters pay $868 monthly (19.0% of income) while homeowners pay $703 (15.4% of income), giving owner-occupants a meaningful affordability edge. At a median home value of $168,100, George's housing stock sits between Franklin's most affordable and Harrison's pricier markets.

Balanced affordability for relocators

George County splits the difference: not as cheap as Franklin, not as pricey as DeSoto or Harrison, with rent-to-income ratios that beat the state average. If you're moving to Mississippi and want moderate housing costs paired with reasonable income expectations, George's stability makes it worth serious consideration.

Affordability Calculator

See how your income compares to housing costs in George County

$

Rent Burden

19.0%

of gross income

Max Housing (28% Rule)

$1,279

per month

Owner Cost Burden

15.4%

of gross income

The median home in George County may be a stretch

Median home value is $168,100. Estimated monthly cost: $1,342 vs. your max of $1,279.

Rent Affordability Guide

Your rent-to-income ratio19.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in George County, Mississippi?
George County, Mississippi has a median monthly rent of $868/mo and a median home value of $168,100. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in George County?
The median gross rent in George County is $868/mo. This is 11% above state average for Mississippi.
Is George County affordable?
George 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 George County's rent compare to the state average?
George County's median rent of $868/mo is 11% above state average of $782/mo for Mississippi.
What is the median home value in George County?
The median home value in George County, Mississippi is $168,100. This is 40% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.