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
National Ranking
Affordability Rank
Greene County ranks #1,095 of 3,144 counties for affordability (top 35%)
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.
Cost of Living Advisory: Greene County
Affordability Verdict
Housing in Greene County is affordable. The median rent is $811/month against a median household income of $55,838, putting rent at 17.4% of income.
Rent vs. Own
The median rent in Greene County is $811/month, while owner costs run $482/month. Owning saves approximately $329/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,440/year. For owner costs at the 28% rule, the required income is roughly $20,657/year. With a median household income of $55,838, most households can comfortably afford rent here. Notably, 32.0% of renter households in Greene County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Greene County sits 7% more expensive than Neshoba County ($759/month) in terms of median gross rent.
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
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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