Cost of Living in George County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How George County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
George County ranks #2,505 of 3,144 counties for affordability (bottom 20%)
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.
Cost of Living Advisory: George County
Affordability Verdict
George County is affordable for renters, with a median gross rent of $868/month representing approximately 19.0% of median household income. The rent burden (GRAPI) stands at 23.0%.
Rent vs. Own
At $868/month rent versus $703/month in owner costs, owning is roughly $165/month cheaper — a 19% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,720/year. For owner costs at the 28% rule, the required income is roughly $30,129/year. With a median household income of $54,822, most households can comfortably afford rent here. Notably, 23.0% of renter households in George County are cost-burdened, spending more than 30% of income on housing.
Regional Context
George County sits 7% more expensive than Greene County ($811/month) in terms of median gross rent.
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
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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