Cost of Living in Tallahatchie County, Mississippi

$695/mo

Median Monthly Rent

$82,200

Median Home Value

11% below state averageUnaffordable

At a Glance

Median Monthly Rent

$695/mo

11% below state average

Median Home Value

$82,200

71% below national

Rent-to-Income Ratio

25.0%

% 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 Tallahatchie County Compares

Median monthly rent comparison

Tallahatchie County$695/mo

Mississippi Average$782/mo

National Median$1,163/mo

Detailed Housing Stats

$695/mo

Median Gross Rent

$82,200

Median Home Value

$467/mo

Monthly Owner Cost

25.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Tallahatchie County, Mississippi

Tallahatchie County affordability under serious pressure

At 22.3%, Tallahatchie County's rent-to-income ratio ranks among America's least affordable housing markets, far exceeding the national comfort zone. With median household income of just $37,383—50% below the national median—a $695 monthly rent consumes nearly a quarter of gross earnings.

Mississippi's most strained rental market

Tallahatchie County's 22.3% rent-to-income ratio significantly exceeds Mississippi's 19.6% state average, marking it as one of the state's most unaffordable counties for renters. The $37,383 median household income—the lowest in this county group—makes even modest rents burdensome.

Lowest incomes in the region, similar rents

Tallahatchie County's $695 rent falls within the regional norm but pairs with the region's lowest median household income of $37,383. Compared to Smith County's $51,396 income, Tallahatchie renters face 27% less earning power for nearly identical housing costs.

Rent eats the largest share of income here

Tallahatchie County renters spend 22.3% of their $37,383 median income on housing, consuming roughly $695 monthly—more than any other county in this profile. Even homeowners struggle: $467 monthly owner costs claim 15.0% of household income, leaving minimal margin for unexpected expenses.

Economic constraints demand careful relocation planning

Tallahatchie County's combination of lowest incomes and above-average rents creates genuine hardship for renters and owners alike. Unless your income prospects improve significantly through relocation, consider whether neighboring counties with stronger median incomes might offer better long-term stability.

Affordability Calculator

See how your income compares to housing costs in Tallahatchie County

Your Annual Household Income

Rent Burden

22.3%

of gross income

Max Housing (28% Rule)

$872

per month

Owner Cost Burden

15.0%

of gross income

You can likely afford the median home in Tallahatchie County

Median home value is $82,200. Estimated monthly cost: $656 vs. your max of $872.

Rent Affordability Guide

Your rent-to-income ratio22.3%

Recommended max30.0%

Frequently Asked Questions

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

Tallahatchie County, Mississippi has a median monthly rent of $695/mo and a median home value of $82,200. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.

What is the median rent in Tallahatchie County?

The median gross rent in Tallahatchie County is $695/mo. This is 11% below state average for Mississippi.

Is Tallahatchie County affordable?

Tallahatchie County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Tallahatchie County's median rent of $695/mo is 11% below state average of $782/mo for Mississippi.

What is the median home value in Tallahatchie County?

The median home value in Tallahatchie County, Mississippi is $82,200. This is 71% below the national median home value of $281,900.