Cost of Living in Marion County, Mississippi

$700/mo
Median Monthly Rent
$117,000
Median Home Value

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

National Ranking

Affordability Rank

Marion County ranks #1,664 of 3,144 counties for affordability (bottom 47%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Marion County

Affordability Verdict

Marion County offers affordable rental housing at a median of $700/month — about 19.8% of the typical household income here.

Rent vs. Own

Renters in Marion County pay $700/month on average, compared to $624/month for homeowners. This market favors buyers by about 11%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,000/year. For owner costs at the 28% rule, the required income is roughly $26,743/year. With a median household income of $42,320, most households can comfortably afford rent here. Notably, 28.0% of renter households in Marion County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Marion County sits 7% less expensive than Lincoln County ($754/month) in terms of median gross rent.

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%

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: $42,320Needed: $28,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,320Needed: $26,743
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,320Needed: $27,229

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 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.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Marion County, Mississippi? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Marion County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.