Cost of Living in Scott County, Mississippi

$888/mo
Median Monthly Rent
$89,900
Median Home Value
14% above state averageUnaffordable

At a Glance

Median Monthly Rent
$888/mo
14% above state average
Median Home Value
$89,900
68% 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 Scott County Compares

Median monthly rent comparison

Scott County$888/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$888/mo
Median Gross Rent
$89,900
Median Home Value
$554/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Scott County, Mississippi

Scott's moderate affordability challenge

Scott County residents spend 22% of income on rent, above Mississippi's 19.6% average though well within national standards. With a median household income of $48,492—significantly below the national average of $74,755—Scott's housing costs feel more burdensome than the state norm despite modest absolute prices.

Below-average affordability for Mississippi

Scott County's 22% rent-to-income ratio exceeds Mississippi's 19.6% state average, though its $888 median rent falls above the statewide median of $782. This combination places Scott among Mississippi's moderately challenged housing markets.

Higher rent, lower income than peers

Scott's $888 monthly rent exceeds Simpson County ($819), Pontotoc County ($848), and Prentiss County ($620), yet Scott's $48,492 median income falls below Pontotoc and Simpson. This gap—higher costs with lower earnings—makes Scott less affordable than its immediate neighbors.

Rental premium strains household budgets

Scott renters pay $888 monthly while homeowners spend $554, meaning renters pay 60% more despite having similar home access. Housing costs consume 22% of the $48,492 median income—noticeably higher than the state average—squeezing household budgets for other necessities.

Simpson or Pontotoc offer better value

Scott County residents considering moves can improve affordability by relocating to Simpson County (18.2% rent ratio, similar income) or Pontotoc County (19.3% ratio, higher income). These neighboring counties offer comparable or better earning potential with substantially lower housing cost burdens.

Affordability Calculator

See how your income compares to housing costs in Scott County

$

Rent Burden

22.0%

of gross income

Max Housing (28% Rule)

$1,131

per month

Owner Cost Burden

13.7%

of gross income

You can likely afford the median home in Scott County

Median home value is $89,900. Estimated monthly cost: $718 vs. your max of $1,131.

Rent Affordability Guide

Your rent-to-income ratio22.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Scott County, Mississippi?
Scott County, Mississippi has a median monthly rent of $888/mo and a median home value of $89,900. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Scott County?
The median gross rent in Scott County is $888/mo. This is 14% above state average for Mississippi.
Is Scott County affordable?
Scott 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 Scott County's rent compare to the state average?
Scott County's median rent of $888/mo is 14% above state average of $782/mo for Mississippi.
What is the median home value in Scott County?
The median home value in Scott County, Mississippi is $89,900. This is 68% 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.