Counties › Mississippi

Cost of Living in Alcorn County, MS

Population 34,289 · Census ACS 2020–2024 5-year estimates

Median rent$751
Median home value$142,100
Median household income$51,260

The median rent in Alcorn County, MS is $751/month, 21% lower than the Mississippi median and 47% lower than the U.S. median. The median home value is $142,100, 57% lower than the national median. Households earn a median of $51,260 a year, 9% lower than the state median.

Affordability

Rent as a share of median income: 17.6%
Income needed for median rent (30% rule): $30,040/yr
Home price-to-income ratio: 2.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $719/mo

Run your own numbers: mortgage calculator · hourly to salary

Alcorn County vs. Mississippi vs. U.S.

Alcorn CountyMississippiU.S.
Median rent$751$954$1,413
Median home value$142,100$169,800$332,700
Median household income$51,260$56,447$80,734
Homeownership rate67.8%70.0%65.2%
Bachelor's degree or higher18.6%25.1%35.7%
Poverty rate15.8%18.9%12.5%
Unemployment rate4.6%5.8%5.2%
Work from home3.3%5.9%15.1%
Median age40.038.638.9

FAQ

What is the average rent in Alcorn County, MS?

The median gross rent in Alcorn County, MS is $751 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $30,040 a year in gross income.

Is Alcorn County, MS expensive to live in?

Rent there is 47% lower than the U.S. median, and the median home costs about 2.8 times the median household income.

Other counties in Mississippi

Hinds County, MSRent $1,061 · Income $49,402Harrison County, MSRent $1,115 · Income $59,479DeSoto County, MSRent $1,451 · Income $85,297Rankin County, MSRent $1,270 · Income $79,357Jackson County, MSRent $1,101 · Income $66,201Madison County, MSRent $1,186 · Income $83,441

Counties with a similar cost of living

Carter County, KYRent $740 · Income $51,235Carroll County, TNRent $755 · Income $51,787Lincoln County, ARRent $744 · Income $51,778Unicoi County, TNRent $750 · Income $52,218Cibola County, NMRent $759 · Income $50,759Grainger County, TNRent $746 · Income $50,538

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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