Cost of Living in Lincoln County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lincoln County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lincoln County ranks #2,426 of 3,144 counties for affordability (bottom 23%)
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.
Cost of Living Advisory: Lincoln County
Affordability Verdict
Lincoln County offers affordable rental housing at a median of $754/month — about 18.7% of the typical household income here.
Rent vs. Own
The median rent in Lincoln County is $754/month, while owner costs run $549/month. Owning saves approximately $205/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,160/year. For owner costs at the 28% rule, the required income is roughly $23,529/year. With a median household income of $48,316, most households can comfortably afford rent here. Notably, 27.0% of renter households in Lincoln County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Lincoln County sits 7% more expensive than Tishomingo County ($703/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Lincoln County
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
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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