CostBy County

Cost of Living in Lawrence County, Mississippi

$753/mo
Median Monthly Rent
$100,000
Median Home Value

At a Glance

Median Monthly Rent
$753/mo
6% below state average
Median Home Value
$100,000
70% below national
Census GRAPI
35.1%
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 Lawrence County Compares

Median monthly rent comparison

Lawrence County$753/mo
Mississippi Average$805/mo
National Median$1,413/mo

Detailed Housing Stats

$753/mo
Median Gross Rent
$100,000
Median Home Value
$539/mo
Monthly Owner Cost
35.1%
Census GRAPI

National Ranking

Affordability Rank

Lawrence County ranks #340 of 3,142 counties for affordability (top 11%)

Most AffordableLeast Affordable

Sourced county brief

Lawrence County Official GRAPI Higher Than State Mean

The official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) in Lawrence County was 35.1%, which is 5.6 percentage points higher than the Mississippi unweighted county mean of 29.5%. Median gross rent was estimated at $753 per month, compared to the state unweighted county mean of $805. Homeowners in the county had median selected monthly owner costs of $539, while the state unweighted mean was $676. The median home value was recorded at $100,000, below the Mississippi unweighted county mean of $135,817. Renter households reported a median income of $27,136. All figures are snapshots from the 2020-2024 ACS 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Lawrence County

Affordability Verdict

ACS B25071 estimates median gross rent at 35.1% of renter household income in Lawrence 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 $753 per month; median selected monthly owner costs are $539. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $30,120 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. Lawrence County's $753 median is 6.5% below that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Lawrence County

$

Rent Burden

20.8%

of gross income

Max Housing (28% Rule)

$1,016

per month

Owner Cost Burden

14.9%

of gross income

You can likely afford the median home in Lawrence County

Median home value is $100,000. Estimated monthly cost: $798 vs. your max of $1,016.

Rent Affordability Guide

Your entered rent as a share of entered income20.8%
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: $43,531Needed: $30,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $43,531Needed: $23,100
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $43,531Needed: $23,273

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 Lawrence County, Mississippi?
Lawrence County, Mississippi has a median monthly rent of $753/mo and a median home value of $100,000. The affordability rating is Stretched, with median gross rent equal to approximately 35.1% of renter household income.
What is the median rent in Lawrence County?
The median gross rent in Lawrence County is $753/mo. This is 6% below state average for Mississippi.
Is Lawrence County affordable?
Lawrence County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 35.1%. Median gross rent is 30–50% of renter household income.
How does Lawrence County's rent compare to the state average?
Lawrence County's median rent of $753/mo is 6% below state average of $805/mo for Mississippi.
What is the median home value in Lawrence County?
The median home value in Lawrence County, Mississippi is $100,000. This is 70% 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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