Cost of Living in Jasper County, Mississippi

$809/mo
Median Monthly Rent
$118,600
Median Home Value

At a Glance

Median Monthly Rent
$809/mo
3% above state average
Median Home Value
$118,600
58% below national
Rent-to-Income Ratio
25.0%
% 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 Jasper County Compares

Median monthly rent comparison

Jasper County$809/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$809/mo
Median Gross Rent
$118,600
Median Home Value
$455/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Jasper County ranks #1,197 of 3,144 counties for affordability (top 38%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Jasper County, Mississippi

Jasper balances modest income and rents

Jasper County's 20.6% rent-to-income ratio runs slightly above Mississippi's 19.6% state average, though its median rent of $809 remains 3% below the state's $782 norm. With median household income at $47,157—63% of the national median—Jasper offers modest affordability in an otherwise stretched economic landscape.

Jasper ranks midway on state affordability

Jasper County's 20.6% rent-to-income ratio sits marginally above Mississippi's 19.6% average, placing it in the state's middle tier for housing affordability. Median rent of $809 runs 3% below state norms, offering slightly better value than typical Mississippi counties.

Mid-range rents, moderate income

Jasper's $809 median rent falls between Itawamba ($832) and Humphreys ($643), while its $47,157 median income sits between Hinds ($49,966) and Humphreys ($32,976). This middle positioning makes Jasper a reasonable compromise for households seeking balanced costs without extreme affordability or earning power.

Rents consume one-fifth of income

Renters pay $809 monthly while homeowners spend $455, with median home value at $118,600 and median household income at $47,157 annually. Rent alone consumes 20.6% of gross income—manageable by standard metrics and tracking close to state norms—while homeownership costs run well below regional medians.

Stable housing costs, average wages

Jasper County offers reliable affordability with a 20.6% rent-to-income ratio just above state average and median income of $47,157. This east-central Mississippi county suits households comfortable with modest regional economic conditions who prioritize stable, predictable housing costs over maximal earning potential.

Cost of Living Advisory: Jasper County

Affordability Verdict

Housing in Jasper County is affordable. The median rent is $809/month against a median household income of $47,157, putting rent at 20.6% of income.

Rent vs. Own

At $809/month rent versus $455/month in owner costs, owning is roughly $354/month cheaper — a 44% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,360/year. For owner costs at the 28% rule, the required income is roughly $19,500/year. With a median household income of $47,157, most households can comfortably afford rent here. Notably, 25.0% of renter households in Jasper County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Jasper County sits 7% more expensive than Leake County ($757/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Jasper County

$

Rent Burden

20.6%

of gross income

Max Housing (28% Rule)

$1,100

per month

Owner Cost Burden

11.6%

of gross income

You can likely afford the median home in Jasper County

Median home value is $118,600. Estimated monthly cost: $947 vs. your max of $1,100.

Rent Affordability Guide

Your rent-to-income ratio20.6%
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: $47,157Needed: $32,360
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,157Needed: $19,500
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,157Needed: $27,601

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 Jasper County, Mississippi?
Jasper County, Mississippi has a median monthly rent of $809/mo and a median home value of $118,600. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Jasper County?
The median gross rent in Jasper County is $809/mo. This is 3% above state average for Mississippi.
Is Jasper County affordable?
Jasper County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Jasper County's rent compare to the state average?
Jasper County's median rent of $809/mo is 3% above state average of $782/mo for Mississippi.
What is the median home value in Jasper County?
The median home value in Jasper County, Mississippi is $118,600. This is 58% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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