Cost of Living in Pontotoc County, Mississippi

$848/mo
Median Monthly Rent
$141,700
Median Home Value

At a Glance

Median Monthly Rent
$848/mo
8% above state average
Median Home Value
$141,700
50% below national
Rent-to-Income Ratio
26.0%
% 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 Pontotoc County Compares

Median monthly rent comparison

Pontotoc County$848/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$848/mo
Median Gross Rent
$141,700
Median Home Value
$629/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Pontotoc County ranks #2,279 of 3,144 counties for affordability (bottom 28%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Pontotoc County, Mississippi

Pontotoc's affordable housing sweet spot

Pontotoc County residents spend just 19.3% of income on rent, nearly matching the national standard and beating Mississippi's 19.6% average. With a median household income of $52,741—well above many peers in the state—Pontotoc offers genuinely accessible housing relative to earning power.

Mississippi's middle ground for renters

Pontotoc ranks near the state average for rental affordability with its 19.3% rent-to-income ratio, virtually matching Mississippi's 19.6% statewide benchmark. This stability, combined with $848 monthly rent, positions Pontotoc as a balanced option for Mississippi renters seeking both affordability and economic opportunity.

Competitive with similar-sized counties

Pontotoc's $848 rent sits between Simpson County ($819) and Pike County ($879), while its median household income of $52,741 exceeds both neighbors. This income advantage makes Pontotoc's housing costs feel more manageable than counties with comparable rents but lower earnings.

Balanced rental and ownership costs

Pontotoc renters pay $848 monthly while homeowners spend $629, a 35% premium for renting that's typical nationwide. At $52,741 median income, housing consumes just 19.3% of household earnings, leaving room for savings and discretionary spending.

A stable choice for Mississippi movers

Pontotoc County offers reliable affordability without sacrificing economic prospects—its median income significantly exceeds many rural Mississippi counties. For those relocating within the state, Pontotoc delivers solid housing costs and stronger earning potential than alternatives like Pike or Quitman.

Cost of Living Advisory: Pontotoc County

Affordability Verdict

Pontotoc County is affordable for renters, with a median gross rent of $848/month representing approximately 19.3% of median household income. The rent burden (GRAPI) stands at 26.0%.

Rent vs. Own

Renters in Pontotoc County pay $848/month on average, compared to $629/month for homeowners. This market favors buyers by about 26%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,920/year. For owner costs at the 28% rule, the required income is roughly $26,957/year. With a median household income of $52,741, most households can comfortably afford rent here. Notably, 26.0% of renter households in Pontotoc County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Lowndes County where rent averages $909/month, Pontotoc County is approximately 7% less expensive.

Affordability Calculator

See how your income compares to housing costs in Pontotoc County

$

Rent Burden

19.3%

of gross income

Max Housing (28% Rule)

$1,231

per month

Owner Cost Burden

14.3%

of gross income

You can likely afford the median home in Pontotoc County

Median home value is $141,700. Estimated monthly cost: $1,131 vs. your max of $1,231.

Rent Affordability Guide

Your rent-to-income ratio19.3%
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: $52,741Needed: $33,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,741Needed: $26,957
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,741Needed: $32,977

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 Pontotoc County, Mississippi?
Pontotoc County, Mississippi has a median monthly rent of $848/mo and a median home value of $141,700. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Pontotoc County?
The median gross rent in Pontotoc County is $848/mo. This is 8% above state average for Mississippi.
Is Pontotoc County affordable?
Pontotoc County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pontotoc County's rent compare to the state average?
Pontotoc County's median rent of $848/mo is 8% above state average of $782/mo for Mississippi.
What is the median home value in Pontotoc County?
The median home value in Pontotoc County, Mississippi is $141,700. This is 50% below the national median home value of $281,900.

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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.

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