Cost of Living in Grenada 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 Grenada County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Grenada County ranks #1,026 of 3,142 counties for affordability (top 33%)
Sourced county brief
Grenada County Renter Median Income Estimated at 36,250 Dollars
The median income for renter households in Grenada County was estimated at $36,250 for the 2020-2024 period. During this time, the official B25071 median gross rent as a percentage of household income (GRAPI) was 30.4%, which is 0.9 percentage points above the Mississippi unweighted county mean of 29.5%. Median gross rent in the county was $807 per month, compared to the state unweighted county mean of $805. For owner-occupied units, the median home value was $132,200, while the state unweighted county mean was $135,817. Median selected monthly owner costs were estimated at $740 per month. These figures are derived from the U.S. Census Bureau American Community Survey 5-Year Estimates. 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: Grenada County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.4% of renter household income in Grenada 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 $807 per month; median selected monthly owner costs are $740. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,280 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. Grenada County's $807 median is 0.2% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Grenada County
Rent Burden
19.8%
of gross income
Max Housing (28% Rule)
$1,139
per month
Owner Cost Burden
18.2%
of gross income
You can likely afford the median home in Grenada County
Median home value is $132,200. Estimated monthly cost: $1,055 vs. your max of $1,139.
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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