Key Economic Benchmarks
Median Household Income
$46,695$3,891 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Oktibbeha County, MS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Oktibbeha County, MS
Official FY2026 HUD Fair Market Rents for Oktibbeha County, MS. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $834 | $10,008 | $33,360 | 21.4% |
| 1-Bedroom Apartment | $873 | $10,476 | $34,920 | 22.4% |
| 2-Bedroom ApartmentBenchmark | $957 | $11,484 | $38,280 | 24.6% |
| 3-Bedroom Home | $1,262 | $15,144 | $50,480 | 32.4% |
| 4-Bedroom Home | $1,267 | $15,204 | $50,680 | 32.6% |
50/30/20 Living Budget in Oktibbeha County, MS
Based on the local median household income of $46,695/year ($3,891/month), here is how a balanced budget allocates expenses:
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.
Related Regional & Financial Profiles
Compare earnings and living costs across Mississippi with official federal datasets:
Frequently Asked Questions About Living in Oktibbeha County, MS
What is the median household income in Oktibbeha County, MS?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Oktibbeha County, MS is $46,695 per year (approximately $3,891 per month).
What is the average rent in Oktibbeha County, MS?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Oktibbeha County, MS are $834 for a studio, $873 for 1 bedroom, $957 for 2 bedrooms, $1,262 for 3 bedrooms, and $1,267 for 4 bedrooms.
How does the cost of living in Oktibbeha County, MS compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Oktibbeha County, MS is 87.0 (13% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Oktibbeha County, MS?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($957/month) in Oktibbeha County, MS requires a minimum gross household income of $38,280 per year ($3,190 per month).
What is a balanced 50/30/20 monthly budget in Oktibbeha County, MS?
For a typical household earning the median income of $46,695/year ($3,891/month) in Oktibbeha County, MS, a balanced 50/30/20 budget allocates $1,946/month to essential needs (rent, utilities, groceries), $1,167/month to discretionary spending, and $778/month to savings and debt repayment.
What are typical electricity and utility costs in Oktibbeha 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.