Mississippi
Ranked #5 of 51 for housing affordability
74Affordable
Median Home Price
🏠$170K
3.7x income
Median Rent
🔑$850
29.5% rent-burdened
Median Income
💰$47K
Population: 2,940,057
Homeownership
🏡66.2%
1,415 experiencing homelessness
Housing Shortage
📉25,000
units needed
Building Permits (2024)
🔨9,500
Price-to-Income
📊3.7x
Severe Rent Burden
⚠️14.8%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in Mississippi
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Jackson | 70 | $175K | $900 | $48K | 31.0% |
Housing Policies
Mississippi Home Corporation programslow-income housing tax credits