Mississippi · 2026 Federal Benchmarks

Cost of Living in Marshall County, MS

The median household in Marshall County, MS earns $53,458 a year ($4,455/month) according to U.S. Census Bureau ACS data. Benchmark 2-bedroom rent is $1,110/month under HUD Fair Market Rents, requiring an annual income of at least $44,400 under the federal 30% housing rule, with overall consumer prices sitting 7.8% below the national baseline.

Key Economic Benchmarks

Median Household Income

$53,458$4,455 per month · U.S. Census Bureau ACS 5-Year
2-Bedroom Rent$1,110HUD FY2026 Fair Market Rent
Price Parity (RPP)92.2-7.8% vs national baseline
Electricity Rate14.9¢per kWh · EIA Residential MS
Census Population33,979Official resident count

Fair market rent & 30% rule in Marshall County, MS

Official HUD Fair Market Rents evaluated against local household income benchmarks.

Affordable (< 30% of income)
HUD Fair Market Rent$1,110Monthly market rent
Share of gross income24.9%Recommended max: 30%
Annual income needed$44,400To meet the 30% standard
Max affordable rent$1,336At 30% of $53,458
0%30% (Affordability standard)100%
Compare against:

2026 HUD Fair Market Rent Schedule: Marshall County, MS

Official FY2026 HUD Fair Market Rents for Marshall County, MS HUD Metro FMR Area. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.

HUD FY2026 Fair Market Rent Schedule for Marshall County, MS
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$840$10,080$33,60018.9%
1-Bedroom Apartment$846$10,152$33,84019%
2-Bedroom ApartmentBenchmark$1,110$13,320$44,40024.9%
3-Bedroom Home$1,331$15,972$53,24029.9%
4-Bedroom Home$1,835$22,020$73,40041.2%

See dedicated rental breakdown for Marshall County, MS →

50/30/20 Living Budget in Marshall County, MS

Based on the local median household income of $53,458/year ($4,455/month), here is how a balanced budget allocates expenses:

Needs (50%)$2,227/moRent ($1,110 2-BR), utilities (~$134/mo), groceries, transit
Wants (30%)$1,336/moDiscretionary spending: dining, leisure, recreation at 92.2 RPP price level
Savings & Debt (20%)$891/moEmergency fund, 401(k), IRA retirement, student loan and debt reduction

Take-Home Pay & Tax Explorer in Mississippi

Explore net income after federal income tax, FICA, and Mississippi state income tax based on the local median baseline.

$53,458
$20,000$110,000
Filing status:
Gross salary breakdown$53,458
Net 82%
Fed 8%
MS 3%
FICA 8%
Annual take-home$43,727After all taxes
Monthly deposit$3,644Estimated per month
Biweekly paycheck$1,682Every 2 weeks (26/yr)
Effective tax rate18.2%Total tax burden
Federal income tax$4,235 / yr
Mississippi state income tax$1,406 / yr
FICA (Social Security & Medicare)$4,090 / yr

Compare earnings and living costs across Mississippi with official federal datasets:

Frequently Asked Questions About Living in Marshall County, MS

What is the median household income in Marshall County, MS?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Marshall County, MS is $53,458 per year (approximately $4,455 per month).

What is the average rent in Marshall County, MS?

According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Marshall County, MS are $840 for a studio, $846 for 1 bedroom, $1,110 for 2 bedrooms, $1,331 for 3 bedrooms, and $1,835 for 4 bedrooms.

How does the cost of living in Marshall County, MS compare to the national average?

Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Marshall County, MS is 92.2 (7.8% lower than the U.S. national baseline of 100.0).

How much do you need to earn to comfortably afford rent in Marshall County, MS?

Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,110/month) in Marshall County, MS requires a minimum gross household income of $44,400 per year ($3,700 per month).

What is a balanced 50/30/20 monthly budget in Marshall County, MS?

For a typical household earning the median income of $53,458/year ($4,455/month) in Marshall County, MS, a balanced 50/30/20 budget allocates $2,227/month to essential needs (rent, utilities, groceries), $1,336/month to discretionary spending, and $891/month to savings and debt repayment.

What are typical electricity and utility costs in Marshall County, MS?

Residential electricity rates in Mississippi average 14.9¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $134 per month.