Key Economic Benchmarks
Median Household Income
$48,905$4,075 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Walthall County, MS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Walthall County, MS
Official FY2026 HUD Fair Market Rents for Walthall 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 | $776 | $9,312 | $31,040 | 19% |
| 1-Bedroom Apartment | $781 | $9,372 | $31,240 | 19.2% |
| 2-Bedroom ApartmentBenchmark | $923 | $11,076 | $36,920 | 22.6% |
| 3-Bedroom Home | $1,107 | $13,284 | $44,280 | 27.2% |
| 4-Bedroom Home | $1,222 | $14,664 | $48,880 | 30% |
50/30/20 Living Budget in Walthall County, MS
Based on the local median household income of $48,905/year ($4,075/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 Walthall County, MS
What is the median household income in Walthall County, MS?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Walthall County, MS is $48,905 per year (approximately $4,075 per month).
What is the average rent in Walthall County, MS?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Walthall County, MS are $776 for a studio, $781 for 1 bedroom, $923 for 2 bedrooms, $1,107 for 3 bedrooms, and $1,222 for 4 bedrooms.
How does the cost of living in Walthall County, MS compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Walthall 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 Walthall County, MS?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($923/month) in Walthall County, MS requires a minimum gross household income of $36,920 per year ($3,077 per month).
What is a balanced 50/30/20 monthly budget in Walthall County, MS?
For a typical household earning the median income of $48,905/year ($4,075/month) in Walthall County, MS, a balanced 50/30/20 budget allocates $2,038/month to essential needs (rent, utilities, groceries), $1,223/month to discretionary spending, and $815/month to savings and debt repayment.
What are typical electricity and utility costs in Walthall 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.