Cost of Living in Greene County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Greene County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Greene County, Mississippi
Lower income, but excellent rent ratios
Greene County's median household income of $55,838 trails the nation by 25%, yet its 17.4% rent-to-income ratio is the best in our sample and well below national expectations. At $811 monthly rent, Greene demonstrates that modest-income communities can still offer genuinely affordable housing.
Best rent-to-income ratio in the state
Greene County's 17.4% ratio tops all eight counties studied and substantially beats Mississippi's 19.6% state average, despite $811 rent running 4% above the state baseline. This is a county where housing costs remain truly manageable across income levels.
Lowest rent among peer counties
Greene's $811 monthly rent is lower than every other county in this analysis except Franklin ($706), and the county's 17.4% ratio suggests better balance than even Franklin's 18.6%. Greene proves that moderate rents pair well with moderate incomes to create genuine affordability.
Homeownership dramatically cheaper
Renters in Greene pay $811 monthly (17.4% of income) while homeowners pay just $482 (10.4% of income)—a $329 monthly gap that's the largest in the sample. For a $55,838 household, that difference unlocks real monthly savings and wealth-building potential.
Peak affordability for homebuyers
Greene County offers the best rent-to-income ratio and steepest ownership discount in our eight-county profile, making it ideal for relocators prioritizing homeownership. The $94,200 median home value and $482 monthly cost create a rare opportunity for below-median-income households to build equity affordably.
Affordability Calculator
See how your income compares to housing costs in Greene County
Rent Burden
17.4%
of gross income
Max Housing (28% Rule)
$1,303
per month
Owner Cost Burden
10.4%
of gross income
You can likely afford the median home in Greene County
Median home value is $94,200. Estimated monthly cost: $752 vs. your max of $1,303.
Rent Affordability Guide
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.