Hattiesburg, MS

Very Low · 62

Mississippi · Population 48,507 · Updated March 2026

$995
Median Rent / Month
$44,140
Median Income
$153,600
Median Home Value
$958
Owner Costs / Month

Affordability

How far your income goes in Hattiesburg

27.1%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Mississippi

State-level tax rates that affect your costs

5.0%
Income Tax (Top Rate)
7.0%
Sales Tax
0.67%
Property Tax Rate

Estimated Annual Costs

$11,940
Annual Rent
$2,207
State Income Tax
$1,029
Property Tax (est.)

Cost of Living Overview

Hattiesburg is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 62 (where 100 equals the national median), Hattiesburg residents can expect to pay median rent of $995/month while earning a median household income of $44,140/year.

The median home value in Hattiesburg, MS is $153,600, with typical monthly owner costs around $958 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.1%, Hattiesburg falls within the generally affordable range, though it's approaching the 30% burden threshold.

Mississippi has a moderate income tax rate of 5.0%. Combined with a 7.0% sales tax rate and 0.67% effective property tax rate, the overall tax environment is a factor in the total cost of living in Hattiesburg.

Frequently Asked Questions

Common questions about living costs in Hattiesburg

What is the cost of living in Hattiesburg, MS?
The cost of living index in Hattiesburg, MS is 62 (US average = 100). Median monthly rent is $995, median household income is $44,140/year, and the median home value is $153,600.
Is Hattiesburg, MS affordable?
Yes, Hattiesburg is more affordable than the national average with a cost index of 62. The rent-to-income ratio is 27.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hattiesburg, MS?
The median gross rent in Hattiesburg, MS is $995 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,940.
What is the median household income in Hattiesburg?
The median household income in Hattiesburg, MS is $44,140 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Mississippi?
Mississippi has a top income tax rate of 5.0%, a sales tax of 7.0%, and an effective property tax rate of 0.67%.