Cost of Living in Tishomingo County, Mississippi

$703/mo
Median Monthly Rent
$132,500
Median Home Value

At a Glance

Median Monthly Rent
$703/mo
10% below state average
Median Home Value
$132,500
53% below national
Rent-to-Income Ratio
29.0%
% 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 Tishomingo County Compares

Median monthly rent comparison

Tishomingo County$703/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$703/mo
Median Gross Rent
$132,500
Median Home Value
$518/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Tishomingo County ranks #1,062 of 3,144 counties for affordability (top 34%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Tishomingo County, Mississippi

Tishomingo County housing costs below national standards

Tishomingo County's 18.2% rent-to-income ratio sits just below American affordability comfort zones, supported by a $46,257 median household income and $703 monthly rent. While incomes run below the national $74,755 median, housing costs remain proportionate and manageable.

Below-average rent burden in Mississippi

Tishomingo County's 18.2% rent-to-income ratio underperforms Mississippi's 19.6% state average, ranking it among the state's more affordable counties. The $703 monthly rent falls modestly below the state average of $782, easing pressure on lower-income households.

Competitive pricing with higher home values

Tishomingo County's $703 rent aligns closely with Smith County ($664) and Sunflower County ($670), yet its median home value of $132,500 exceeds most neighbors' valuations. This suggests stronger property appreciation potential compared to other rural counties in the region.

Moderate housing burden with equity-building potential

Tishomingo County renters dedicate 18.2% of their $46,257 median income to housing, spending $703 monthly while maintaining reasonable financial flexibility. Homeowners allocate $518 monthly, or 13.4% of household income—well below affordability thresholds—with $132,500 median home values offering meaningful equity accumulation.

Homebuyers find equity opportunity here

Tishomingo County presents a compelling case for buyer-relocators: $518 monthly owner costs, $132,500 median home values, and solid property appreciation signals. If homeownership is your goal and you earn near the $46,000 median, Tishomingo's equity-building economics rival or exceed neighboring counties.

Cost of Living Advisory: Tishomingo County

Affordability Verdict

For renters in Tishomingo County, the market is affordable. Expect to pay around $703/month in gross rent, with 29.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Tishomingo County pay $703/month on average, compared to $518/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 $28,120/year. For owner costs at the 28% rule, the required income is roughly $22,200/year. With a median household income of $46,257, most households can comfortably afford rent here. Notably, 29.0% of renter households in Tishomingo County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Mississippi, Tishomingo County is less affordable than Lincoln County by roughly 7% ($703/mo vs $754/mo).

Affordability Calculator

See how your income compares to housing costs in Tishomingo County

$

Rent Burden

18.2%

of gross income

Max Housing (28% Rule)

$1,079

per month

Owner Cost Burden

13.4%

of gross income

You can likely afford the median home in Tishomingo County

Median home value is $132,500. Estimated monthly cost: $1,058 vs. your max of $1,079.

Rent Affordability Guide

Your rent-to-income ratio18.2%
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: $46,257Needed: $28,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,257Needed: $22,200
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $46,257Needed: $30,836

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 Tishomingo County, Mississippi?
Tishomingo County, Mississippi has a median monthly rent of $703/mo and a median home value of $132,500. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Tishomingo County?
The median gross rent in Tishomingo County is $703/mo. This is 10% below state average for Mississippi.
Is Tishomingo County affordable?
Tishomingo County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Tishomingo County's rent compare to the state average?
Tishomingo County's median rent of $703/mo is 10% below state average of $782/mo for Mississippi.
What is the median home value in Tishomingo County?
The median home value in Tishomingo County, Mississippi is $132,500. This is 53% 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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