Cost of Living in Union County, Mississippi

$910/mo
Median Monthly Rent
$159,100
Median Home Value

At a Glance

Median Monthly Rent
$910/mo
16% above state average
Median Home Value
$159,100
44% 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 Union County Compares

Median monthly rent comparison

Union County$910/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$910/mo
Median Gross Rent
$159,100
Median Home Value
$643/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Union County ranks #2,079 of 3,144 counties for affordability (bottom 34%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Union County, Mississippi

Union County rents track national norms

Renters in Union County spend 19.2% of their income on rent, right in line with the national affordability standard. This compares favorably to the national median household income of $74,755—though Union County's median is $56,807, rents remain manageable relative to local earnings.

Middle of the pack in Mississippi

Union County's 19.2% rent-to-income ratio sits just below the Mississippi state average of 19.6%, placing it in the more affordable tier across the state. At $910 per month, median rent is higher than the state average of $782, but local incomes support the difference.

Affordable compared to Warren County

Union County's median rent of $910 undercuts nearby Warren County ($889), though Warren residents earn slightly more ($56,648 vs. $56,807). Both counties offer similar housing economics, but Union County edges ahead on rental affordability within the region.

Rent and ownership costs balanced

Renters pay $910 monthly while homeowners spend $643—a $267 gap that reflects Union County's median home value of $159,100. With median household income at $56,807, housing costs consume roughly 19% of household budgets, leaving room for other expenses.

Consider Union for rental stability

If you're weighing Mississippi counties for affordable housing, Union County offers stable rental rates without the affordability squeeze affecting counties to the south. Compare this 19.2% rent burden against Wayne County (25.6%) or Washington County (23.5%) to see the regional advantage.

Cost of Living Advisory: Union County

Affordability Verdict

Housing in Union County is affordable. The median rent is $910/month against a median household income of $56,807, putting rent at 19.2% of income.

Rent vs. Own

Renters in Union County pay $910/month on average, compared to $643/month for homeowners. This market favors buyers by about 29%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,400/year. For owner costs at the 28% rule, the required income is roughly $27,557/year. With a median household income of $56,807, most households can comfortably afford rent here. Notably, 25.0% of renter households in Union County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Panola County where rent averages $859/month, Union County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Union County

$

Rent Burden

19.2%

of gross income

Max Housing (28% Rule)

$1,325

per month

Owner Cost Burden

13.6%

of gross income

You can likely afford the median home in Union County

Median home value is $159,100. Estimated monthly cost: $1,270 vs. your max of $1,325.

Rent Affordability Guide

Your rent-to-income ratio19.2%
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: $56,807Needed: $36,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,807Needed: $27,557
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,807Needed: $37,027

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 Union County, Mississippi?
Union County, Mississippi has a median monthly rent of $910/mo and a median home value of $159,100. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Union County?
The median gross rent in Union County is $910/mo. This is 16% above state average for Mississippi.
Is Union County affordable?
Union 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 Union County's rent compare to the state average?
Union County's median rent of $910/mo is 16% above state average of $782/mo for Mississippi.
What is the median home value in Union County?
The median home value in Union County, Mississippi is $159,100. This is 44% 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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