Cost of Living in Tate County, Mississippi
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Tate County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Tate County, Mississippi
Tate County combines solid income with manageable rents
Tate County's 16.8% rent-to-income ratio sits comfortably within national affordability standards, supported by a median household income of $63,995—the highest in this county group. At $897 monthly rent, housing costs remain proportionate to earning power, even as prices run higher than rural neighbors.
Tate County outpaces Mississippi affordability standards
Tate County's 16.8% rent-to-income ratio beats Mississippi's 19.6% state average, ranking among the state's better housing markets for affordability. The $63,995 median household income significantly exceeds the state typical, giving renters stronger financial footing.
Premium pricing for stronger income and growth
Tate County's $897 rent runs higher than most neighbors—exceeding Tippah County's $720 and Smith County's $664—yet the $63,995 median income justifies the premium. Median home values of $173,000 suggest an appreciating market attractive to buyers seeking growth potential.
Highest income shields housing burden
Tate County renters dedicate 16.8% of their $63,995 median income to housing, spending $897 monthly while retaining robust earnings for other needs. For homeowners, $928 monthly costs claim 17.4% of household income—elevated but sustainable given the county's stronger economic foundation.
Growth market for upwardly mobile families
Tate County's combination of solid incomes, manageable rent-to-income ratios, and appreciating home values ($173,000 median) makes it attractive for families seeking stability and equity growth. If your income aligns with the county's $63,995 median or higher, Tate offers compelling long-term investment potential.
Affordability Calculator
See how your income compares to housing costs in Tate County
Rent Burden
16.8%
of gross income
Max Housing (28% Rule)
$1,493
per month
Owner Cost Burden
17.4%
of gross income
You can likely afford the median home in Tate County
Median home value is $173,000. Estimated monthly cost: $1,381 vs. your max of $1,493.
Rent Affordability Guide
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.