CostBy County

Cost of Living in Hinds County, Mississippi

$1,061/mo
Median Monthly Rent
$159,900
Median Home Value

At a Glance

Median Monthly Rent
$1,061/mo
32% above state average
Median Home Value
$159,900
52% below national
Census GRAPI
34.7%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

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 Hinds County Compares

Median monthly rent comparison

Hinds County$1,061/mo
Mississippi Average$805/mo
National Median$1,413/mo

Detailed Housing Stats

$1,061/mo
Median Gross Rent
$159,900
Median Home Value
$895/mo
Monthly Owner Cost
34.7%
Census GRAPI

National Ranking

Affordability Rank

Hinds County ranks #2,097 of 3,142 counties for affordability (bottom 33%)

Most AffordableLeast Affordable

Sourced county brief

Hinds County Median Gross Rent Percentage of Income Reaches 34.7 Percent

In Hinds County, Mississippi, the official median gross rent as a percentage of household income (GRAPI) is 34.7%, according to 2020-2024 ACS 5-Year Estimates. This figure is 5.2 percentage points above the Mississippi unweighted county mean official GRAPI of 29.5%. The median gross rent for the county was estimated at $1,061 per month, which is $256 higher than the state's unweighted county mean rent of $805. For homeowners, the median selected monthly owner costs for all owner-occupied units was $895, exceeding the state unweighted county mean of $676. The median home value was reported at $159,900, while the state unweighted county mean home value stood at $135,817. Additionally, the median renter-household income in the county was estimated at $32,030. This data utilizes official GRAPI (B25071) as the canonical rent-to-income metric rather than a derived estimate. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Hinds County

Affordability Verdict

ACS B25071 estimates median gross rent at 34.7% of renter household income in Hinds 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 $1,061 per month; median selected monthly owner costs are $895. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $42,440 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. Hinds County's $1,061 median is 31.8% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Hinds County

$

Rent Burden

25.8%

of gross income

Max Housing (28% Rule)

$1,153

per month

Owner Cost Burden

21.7%

of gross income

The median home in Hinds County may be a stretch

Median home value is $159,900. Estimated monthly cost: $1,277 vs. your max of $1,153.

Rent Affordability Guide

Your entered rent as a share of entered income25.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,402Needed: $42,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,402Needed: $38,357
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $49,402Needed: $37,213

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

What is the cost of living in Hinds County, Mississippi?
Hinds County, Mississippi has a median monthly rent of $1,061/mo and a median home value of $159,900. The affordability rating is Stretched, with median gross rent equal to approximately 34.7% of renter household income.
What is the median rent in Hinds County?
The median gross rent in Hinds County is $1,061/mo. This is 32% above state average for Mississippi.
Is Hinds County affordable?
Hinds County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 34.7%. Median gross rent is 30–50% of renter household income.
How does Hinds County's rent compare to the state average?
Hinds County's median rent of $1,061/mo is 32% above state average of $805/mo for Mississippi.
What is the median home value in Hinds County?
The median home value in Hinds County, Mississippi is $159,900. This is 52% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: 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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