Cost of Living in Itawamba County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Itawamba County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Itawamba County ranks #1,086 of 3,144 counties for affordability (top 35%)
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.
Cost of Living Advisory: Itawamba County
Affordability Verdict
Housing in Itawamba County is affordable. The median rent is $832/month against a median household income of $59,508, putting rent at 16.8% of income.
Rent vs. Own
At $832/month rent versus $565/month in owner costs, owning is roughly $267/month cheaper — a 32% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,280/year. For owner costs at the 28% rule, the required income is roughly $24,214/year. With a median household income of $59,508, most households can comfortably afford rent here. Notably, 20.0% of renter households in Itawamba County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Mississippi, Itawamba County is less affordable than Pearl River County by roughly 6% ($832/mo vs $887/mo).
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
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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