Cost of Living in Marshall County, Mississippi

$926/mo

Median Monthly Rent

$172,200

Median Home Value

18% above state averageUnaffordable

At a Glance

Median Monthly Rent

$926/mo

18% above state average

Median Home Value

$172,200

39% below national

Rent-to-Income Ratio

31.0%

% 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 Marshall County Compares

Median monthly rent comparison

Marshall County$926/mo

Mississippi Average$782/mo

National Median$1,163/mo

Detailed Housing Stats

$926/mo

Median Gross Rent

$172,200

Median Home Value

$858/mo

Monthly Owner Cost

31.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Marshall County, Mississippi

Marshall County stretches housing budgets

Marshall County renters spend 21.4% of income on rent, significantly above the national 16% benchmark and well above Mississippi's 19.6% state average. At $926 monthly on a $51,875 median income, housing claims nearly one-quarter of earnings here.

Among Mississippi's pricier markets

Marshall County's 21.4% rent-to-income ratio ranks among the least affordable in Mississippi, beat only by Leflore and Marion in this eight-county region. The county's modest wages paired with above-average rents create affordability strain for local residents.

Pricey rents on moderate incomes

Marshall's $926 rent is second-highest in the region after Madison, yet the $51,875 median income is only moderate—well below Lee ($67,144) and Madison ($78,794). This mismatch pushes housing burdens to uncomfortable levels relative to neighboring counties.

Homeownership offers slight relief

Renters spend 21.4% of their $51,875 income on $926 rent, but homeowners find modest relief at $858 monthly (19.8% of income) on properties worth $172,200. Both groups commit substantial portions of income to housing, leaving less for savings and emergencies.

Consider Marshall only with caution

Marshall County's 21.4% housing burden is workable only if you earn above $55,000 and can absorb higher rent. If you're relocating from a high-cost area, Marshall may offer savings, but it's not the most affordable choice in this region—Lincoln, Marion, or Leflore might stretch your dollar further.

Affordability Calculator

See how your income compares to housing costs in Marshall County

Your Annual Household Income

Rent Burden

21.4%

of gross income

Max Housing (28% Rule)

$1,210

per month

Owner Cost Burden

19.8%

of gross income

The median home in Marshall County may be a stretch

Median home value is $172,200. Estimated monthly cost: $1,375 vs. your max of $1,210.

Rent Affordability Guide

Your rent-to-income ratio21.4%

Recommended max30.0%

Frequently Asked Questions

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

Marshall County, Mississippi has a median monthly rent of $926/mo and a median home value of $172,200. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.

What is the median rent in Marshall County?

The median gross rent in Marshall County is $926/mo. This is 18% above state average for Mississippi.

Is Marshall County affordable?

Marshall County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Marshall County's median rent of $926/mo is 18% above state average of $782/mo for Mississippi.

What is the median home value in Marshall County?

The median home value in Marshall County, Mississippi is $172,200. This is 39% below the national median home value of $281,900.