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Cost of Living in Brandon, MS

Population 25,542 · Census ACS 2020–2024 5-year estimates

Median rent$1,382
Median home value$278,900
Median household income$92,783

The median rent in Brandon, MS is $1,382/month, 45% higher than the Mississippi median and 2% lower than the U.S. median. The median home value is $278,900, 16% lower than the national median. Households earn a median of $92,783 a year, 64% higher than the state median.

Affordability

Rent as a share of median income: 17.9%
Income needed for median rent (30% rule): $55,280/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,410/mo

Run your own numbers: mortgage calculator · hourly to salary

Brandon vs. Mississippi vs. U.S.

BrandonMississippiU.S.
Median rent$1,382$954$1,413
Median home value$278,900$169,800$332,700
Median household income$92,783$56,447$80,734
Homeownership rate78.3%70.0%65.2%
Bachelor's degree or higher41.3%25.1%35.7%
Poverty rate8.5%18.9%12.5%
Unemployment rate5.2%5.8%5.2%
Work from home7.2%5.9%15.1%
Median age40.638.638.9

FAQ

What is the average rent in Brandon, MS?

The median gross rent in Brandon, MS is $1,382 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Brandon, MS?

Using the common 30% rule, renting a median-priced home takes about $55,280 a year in gross income.

Is Brandon, MS expensive to live in?

Rent there is 2% lower than the U.S. median, and the median home costs about 3.0 times the median household income.

Other cities in Mississippi

Jackson, MSRent $1,055 · Income $42,071Gulfport, MSRent $1,086 · Income $49,919Southaven, MSRent $1,445 · Income $78,483Biloxi, MSRent $1,089 · Income $57,204Hattiesburg, MSRent $1,005 · Income $46,342Olive Branch, MSRent $1,829 · Income $100,606

Cities with a similar cost of living

Alabaster, ALRent $1,372 · Income $91,357Forest Lake, MNRent $1,421 · Income $92,944Maplewood, MNRent $1,406 · Income $91,394Cranston, RIRent $1,375 · Income $90,206Grove City, OHRent $1,331 · Income $93,161Elgin, ILRent $1,361 · Income $90,282

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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