Cost of Living in Lincoln County, Mississippi

$754/mo

Median Monthly Rent

$131,800

Median Home Value

4% below state averageUnaffordable

At a Glance

Median Monthly Rent

$754/mo

4% below state average

Median Home Value

$131,800

53% below national

Rent-to-Income Ratio

27.0%

% 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 Lincoln County Compares

Median monthly rent comparison

Lincoln County$754/mo

Mississippi Average$782/mo

National Median$1,163/mo

Detailed Housing Stats

$754/mo

Median Gross Rent

$131,800

Median Home Value

$549/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Lincoln County, Mississippi

Lincoln County leans toward affordability

Lincoln County renters spend 18.7% of income on rent, slightly above the national 16% benchmark but just below Mississippi's 19.6% state average. This narrow gap means housing here is reasonably accessible, though not quite as comfortable as the national standard.

Solid performer among Mississippi counties

Lincoln County's 18.7% rent-to-income ratio places it in the middle tier of Mississippi affordability, beating seven of the eight counties in this region. The county's moderate median household income of $48,316 pairs with conservative rents to yield stable housing accessibility.

Competitive rents with mixed wages

Lincoln's $754 rent is among the lowest in this peer group, cheaper than Lee, Lowndes, and Marshall counties. However, Lincoln's $48,316 income lags Lee ($67,144) and Madison ($78,794), so relative affordability improves thanks to restraint on the rent side, not wage strength.

Renters win; homeowners win bigger

Renters pay $754 monthly (18.7% of income), but homeowners here get exceptional value: $549 monthly owner costs represent just 13.6% of income. Lincoln County offers the cheapest home ownership among all eight counties, making it attractive for those ready to buy.

Strong option for budget-conscious buyers

If homeownership is your goal, Lincoln County delivers: median home values of $131,800 with monthly costs of just $549 is hard to beat. Renters will find reasonable affordability too, making this county a solid middle-ground choice for those prioritizing stability over urban amenities.

Affordability Calculator

See how your income compares to housing costs in Lincoln County

Your Annual Household Income

Rent Burden

18.7%

of gross income

Max Housing (28% Rule)

$1,127

per month

Owner Cost Burden

13.6%

of gross income

You can likely afford the median home in Lincoln County

Median home value is $131,800. Estimated monthly cost: $1,052 vs. your max of $1,127.

Rent Affordability Guide

Your rent-to-income ratio18.7%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lincoln County, Mississippi?

Lincoln County, Mississippi has a median monthly rent of $754/mo and a median home value of $131,800. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Lincoln County?

The median gross rent in Lincoln County is $754/mo. This is 4% below state average for Mississippi.

Is Lincoln County affordable?

Lincoln County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Lincoln County's rent compare to the state average?

Lincoln County's median rent of $754/mo is 4% below state average of $782/mo for Mississippi.

What is the median home value in Lincoln County?

The median home value in Lincoln County, Mississippi is $131,800. This is 53% below the national median home value of $281,900.