CostBy County

Cost of Living in Itawamba County, Mississippi

$811/mo
Median Monthly Rent
$142,400
Median Home Value

At a Glance

Median Monthly Rent
$811/mo
1% above state average
Median Home Value
$142,400
57% below national
Census GRAPI
22.6%
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
Affordable
Median gross rent is under 30% 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 Itawamba County Compares

Median monthly rent comparison

Itawamba County$811/mo
Mississippi Average$805/mo
National Median$1,413/mo

Detailed Housing Stats

$811/mo
Median Gross Rent
$142,400
Median Home Value
$585/mo
Monthly Owner Cost
22.6%
Census GRAPI

National Ranking

Affordability Rank

Itawamba County ranks #675 of 3,142 counties for affordability (top 21%)

Most AffordableLeast Affordable

Sourced county brief

Itawamba County Median Monthly Owner Costs Below State Average

The median selected monthly owner costs for all owner-occupied units in Itawamba County, Mississippi, was estimated at $585 during the 2020-2024 ACS 5-Year period. This is $91 lower than the state's unweighted county mean owner cost of $676. The median home value was estimated at $142,400, which is $6,583 above the Mississippi unweighted county mean of $135,817. For renters, the median gross rent was $811 per month, while the state unweighted county mean was $805. The official Gross Rent as a Percentage of Household Income (GRAPI) was 22.6%, which is the canonical rent-to-income metric provided in official ACS B25071. This official GRAPI is 6.9 percentage points below the Mississippi unweighted county mean of 29.5%. The median renter-household income in the county was estimated at $45,870. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Itawamba County

Affordability Verdict

ACS B25071 estimates median gross rent at 22.6% of renter household income in Itawamba County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $811 per month; median selected monthly owner costs are $585. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $32,440 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. Itawamba County's $811 median is 0.7% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Itawamba County

$

Rent Burden

17.5%

of gross income

Max Housing (28% Rule)

$1,296

per month

Owner Cost Burden

12.6%

of gross income

You can likely afford the median home in Itawamba County

Median home value is $142,400. Estimated monthly cost: $1,137 vs. your max of $1,296.

Rent Affordability Guide

Your entered rent as a share of entered income17.5%
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: $55,546Needed: $32,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,546Needed: $25,071
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,546Needed: $33,140

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 Itawamba County, Mississippi?
Itawamba County, Mississippi has a median monthly rent of $811/mo and a median home value of $142,400. The affordability rating is Affordable, with median gross rent equal to approximately 22.6% of renter household income.
What is the median rent in Itawamba County?
The median gross rent in Itawamba County is $811/mo. This is 1% above state average for Mississippi.
Is Itawamba County affordable?
Itawamba County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 22.6%. Median gross rent is under 30% of renter household income.
How does Itawamba County's rent compare to the state average?
Itawamba County's median rent of $811/mo is 1% above state average of $805/mo for Mississippi.
What is the median home value in Itawamba County?
The median home value in Itawamba County, Mississippi is $142,400. This is 57% 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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