Cost of Living in Marion County, Mississippi

$700/mo
Median Monthly Rent
$117,000
Median Home Value
10% below state averageUnaffordable

At a Glance

Median Monthly Rent
$700/mo
10% below state average
Median Home Value
$117,000
58% below national
Rent-to-Income Ratio
28.0%
% 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 Marion County Compares

Median monthly rent comparison

Marion County$700/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$700/mo
Median Gross Rent
$117,000
Median Home Value
$624/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Marion County, Mississippi

Marion County barely meets national standard

Marion County renters spend 19.9% of income on rent, slightly above Mississippi's 19.6% state average and well above the 16% national benchmark. With median household income at $42,320, the county sits near the lower end of regional wages, making every rent dollar count more.

Lower tier of Mississippi affordability

Marion County's 19.9% rent-to-income ratio exceeds the state average, ranking it among Mississippi's less affordable counties in this peer group. The combination of modest wages ($42,320) and relatively tight housing affordability marks Marion as a challenged market.

Low rents offset low wages modestly

Marion's $700 rent is among the cheapest here, but the $42,320 median income is also among the lowest, making affordability improvement marginal. Only Leflore earns less, and Marshall pays more in rent—leaving Marion caught in a difficult middle.

Tight margins for renters and owners

Renters paying $700 monthly dedicate 19.9% of their $42,320 income to housing, while homeowners commit $624 monthly (17.7% of income) on properties valued at $117,000. Both groups experience modest affordability, with limited cushion for unexpected costs.

Marion County requires careful budgeting

Marion works best for renters or modest-income buyers who keep expenses lean and prioritize affordability over space. If you're relocating, compare Marion's 19.9% burden to your current costs—you may find relief here only if you're currently spending 25% or more on housing.

Affordability Calculator

See how your income compares to housing costs in Marion County

$

Rent Burden

19.8%

of gross income

Max Housing (28% Rule)

$987

per month

Owner Cost Burden

17.7%

of gross income

You can likely afford the median home in Marion County

Median home value is $117,000. Estimated monthly cost: $934 vs. your max of $987.

Rent Affordability Guide

Your rent-to-income ratio19.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Marion County, Mississippi?
Marion County, Mississippi has a median monthly rent of $700/mo and a median home value of $117,000. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Marion County?
The median gross rent in Marion County is $700/mo. This is 10% below state average for Mississippi.
Is Marion County affordable?
Marion County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Marion County's rent compare to the state average?
Marion County's median rent of $700/mo is 10% below state average of $782/mo for Mississippi.
What is the median home value in Marion County?
The median home value in Marion County, Mississippi is $117,000. This is 58% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.