Cost of Living in Itawamba County, Mississippi

$832/mo
Median Monthly Rent
$122,400
Median Home Value
6% above state averageUnaffordable

At a Glance

Median Monthly Rent
$832/mo
6% above state average
Median Home Value
$122,400
57% below national
Rent-to-Income Ratio
20.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Itawamba County Compares

Median monthly rent comparison

Itawamba County$832/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$832/mo
Median Gross Rent
$122,400
Median Home Value
$565/mo
Monthly Owner Cost
20.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Itawamba County, Mississippi

Itawamba strikes solid affordability balance

Itawamba County's 16.8% rent-to-income ratio runs well below Mississippi's 19.6% state average and reflects one of the region's healthier housing-cost scenarios. With median household income at $59,508—79% of the national median—and median rent at $832, Itawamba offers more balanced affordability than most Mississippi counties.

Itawamba ranks high in state affordability

Itawamba County's 16.8% rent-to-income ratio is the lowest among all comparison counties and well above Mississippi's 19.6% state average, signaling strong relative affordability. Median income of $59,508 is the second-highest in this cluster, providing real earning power alongside reasonable housing costs.

Higher income, lower rent burden

Itawamba's median income of $59,508 trails only Jackson County ($64,756) but its rent burden of 16.8% is the lightest in the region. At $832 monthly rent, Itawamba costs more than Holmes ($589) or Humphreys ($643) but far less than Hinds ($1,032) or Jackson ($1,087), while offering significantly stronger wages.

Incomes support moderate housing costs

Renters pay $832 monthly while homeowners face $565, with median home value at $122,400 and median household income at $59,508 annually. Housing costs consume just 16.8% of gross income for renters—well below the 30% affordability threshold—reflecting a county where wages keep pace with housing demand.

Best balance of income and affordability

Itawamba County offers one of Mississippi's strongest housing-affordability stories: respectable median income of $59,508 paired with a lean 16.8% rent-to-income ratio. This northeast Mississippi county suits households seeking real earning potential without extreme housing cost burdens.

Affordability Calculator

See how your income compares to housing costs in Itawamba County

$

Rent Burden

16.8%

of gross income

Max Housing (28% Rule)

$1,389

per month

Owner Cost Burden

11.4%

of gross income

You can likely afford the median home in Itawamba County

Median home value is $122,400. Estimated monthly cost: $977 vs. your max of $1,389.

Rent Affordability Guide

Your rent-to-income ratio16.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Itawamba County, Mississippi?
Itawamba County, Mississippi has a median monthly rent of $832/mo and a median home value of $122,400. The affordability rating is Unaffordable, with rent making up approximately 20.0% of median household income.
What is the median rent in Itawamba County?
The median gross rent in Itawamba County is $832/mo. This is 6% above state average for Mississippi.
Is Itawamba County affordable?
Itawamba County is rated Unaffordable based on rent-to-income ratio of 20.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Itawamba County's rent compare to the state average?
Itawamba County's median rent of $832/mo is 6% above state average of $782/mo for Mississippi.
What is the median home value in Itawamba County?
The median home value in Itawamba County, Mississippi is $122,400. This is 57% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.