Cost of Living in Oktibbeha County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Oktibbeha County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Oktibbeha County ranks #1,836 of 3,142 counties for affordability (bottom 42%)
Sourced county brief
Oktibbeha County Median Home Value Reaches $237,700
The median home value in Oktibbeha County was $237,700 according to the 2020-2024 ACS 5-year estimates. This value is above the Mississippi unweighted county mean of $135,817. Median selected monthly owner costs were $889, which is also above the state unweighted county mean of $676. For renter-occupied units, the median gross rent was $915 per month, compared to the Mississippi unweighted county mean of $805. The official median gross rent as a percentage of household income (GRAPI) was 38.4%. This official figure is 8.9 percentage points higher than the state unweighted county mean of 29.5%. The median income for renter households in the county was $27,168. These statistics provide a snapshot of housing costs and values within the county. See ACS table B25077 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Oktibbeha County
Affordability Verdict
ACS B25071 estimates median gross rent at 38.4% of renter household income in Oktibbeha County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $915 per month; median selected monthly owner costs are $889. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $36,600 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Mississippi unweighted mean of county median rents is $805 per month. Oktibbeha County's $915 median is 13.7% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Oktibbeha County
Rent Burden
23.5%
of gross income
Max Housing (28% Rule)
$1,090
per month
Owner Cost Burden
22.8%
of gross income
The median home in Oktibbeha County may be a stretch
Median home value is $237,700. Estimated monthly cost: $1,898 vs. your max of $1,090.
Rent Affordability Guide
Income Needed Calculator
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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 (2020-2024). Data is informational only and is not personalized financial advice.
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