Cost of Living in Smith County, MS

What does it cost to live in Smith County? Income, housing, and affordability breakdown.

Median Income

$51,983

Median Rent

$649/mo

Median Home

$120,200

Affordability

619

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$608
Property Tax$52
Insurance$40

Total Monthly$700
% of Income16.2%

Renting

Median Rent$649
Renter's Insurance$25

Total Monthly$674
% of Income15%

Living in Smith County, Mississippi

Smith County has a median household income of $51,983 with housing costs that represent 16.2% of income for owners and 15% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 619 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Mississippi

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.