Cost of Living in Tallahatchie County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Tallahatchie County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Tallahatchie County ranks #1,852 of 3,144 counties for affordability (bottom 41%)
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.
Cost of Living Advisory: Tallahatchie County
Affordability Verdict
For renters in Tallahatchie County, the market is affordable. Expect to pay around $695/month in gross rent, with 25.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Tallahatchie County pay $695/month on average, compared to $467/month for homeowners. This market favors buyers by about 33%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,800/year. For owner costs at the 28% rule, the required income is roughly $20,014/year. With a median household income of $37,383, most households can comfortably afford rent here. Notably, 25.0% of renter households in Tallahatchie County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Mississippi, Tallahatchie County is more affordable than Humphreys County by roughly 8% ($695/mo vs $643/mo).
Affordability Calculator
See how your income compares to housing costs in Tallahatchie County
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
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 (2019-2023) — Informational only. Not financial or legal advice.
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