Cost of Living in Walthall County, Mississippi

$718/mo
Median Monthly Rent
$120,600
Median Home Value

At a Glance

Median Monthly Rent
$718/mo
8% below state average
Median Home Value
$120,600
57% below national
Rent-to-Income Ratio
22.0%
% 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 Walthall County Compares

Median monthly rent comparison

Walthall County$718/mo
Mississippi Average$782/mo
National Median$1,163/mo

Detailed Housing Stats

$718/mo
Median Gross Rent
$120,600
Median Home Value
$606/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Walthall County ranks #1,746 of 3,144 counties for affordability (bottom 44%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Walthall County, Mississippi

Walthall offers tight housing affordability

Walthall County renters spend just 19.0% of income on rent, matching the national affordability sweet spot. However, the median household income of $45,444 is 39% below the national average, meaning affordability is relative to lower local earnings.

Best rental values in Mississippi

Walthall County boasts a 19.0% rent-to-income ratio that beats the Mississippi state average of 19.6%. At $718 monthly rent against the state median of $782, Walthall delivers genuine housing bargains for the state.

Cheapest rents in the region

Walthall's $718 median rent undercuts all nearby counties, including Union ($910), Warren ($889), and Winston ($654)—placing it among the region's lowest. Yet median home values ($120,600) suggest modest but stable property investment opportunities.

Ownership cheaper than renting

Walthall homeowners pay $606 monthly against renters' $718—a rare reversal favoring purchase over rent. With median household income at $45,444, housing costs take up about 19% of household budgets regardless of tenure.

Walthall: Mississippi's affordability leader

Low-income households seeking maximum housing value should compare Walthall's 19.0% rent burden against peer counties. This county delivers the state's best rent-to-income ratio, making it a genuine refuge for budget-conscious renters and buyers.

Cost of Living Advisory: Walthall County

Affordability Verdict

Walthall County is affordable for renters, with a median gross rent of $718/month representing approximately 19.0% of median household income. The rent burden (GRAPI) stands at 22.0%.

Rent vs. Own

The median rent in Walthall County is $718/month, while owner costs run $606/month. Owning saves approximately $112/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,720/year. For owner costs at the 28% rule, the required income is roughly $25,971/year. With a median household income of $45,444, most households can comfortably afford rent here. Notably, 22.0% of renter households in Walthall County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Smith County where rent averages $664/month, Walthall County is approximately 8% more expensive.

Affordability Calculator

See how your income compares to housing costs in Walthall County

$

Rent Burden

19.0%

of gross income

Max Housing (28% Rule)

$1,060

per month

Owner Cost Burden

16.0%

of gross income

You can likely afford the median home in Walthall County

Median home value is $120,600. Estimated monthly cost: $963 vs. your max of $1,060.

Rent Affordability Guide

Your rent-to-income ratio19.0%
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: $45,444Needed: $28,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $45,444Needed: $25,971
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $45,444Needed: $28,067

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 Walthall County, Mississippi?
Walthall County, Mississippi has a median monthly rent of $718/mo and a median home value of $120,600. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Walthall County?
The median gross rent in Walthall County is $718/mo. This is 8% below state average for Mississippi.
Is Walthall County affordable?
Walthall County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Walthall County's rent compare to the state average?
Walthall County's median rent of $718/mo is 8% below state average of $782/mo for Mississippi.
What is the median home value in Walthall County?
The median home value in Walthall County, Mississippi is $120,600. This is 57% 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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