Mississippi · Census, HUD and BEA figures · Updated

Cost of Living in Hancock County, MS

Prices around Hancock County, MS run 10% below the U.S. average (BEA, the metro area). The typical household there earns $67,708 a year, and HUD puts a two-bedroom at $1,140 a month. Keeping that rent under 30% of income takes about $45,600 a year.

Hancock County, MS at a glance

Median household income

$67,708$5,642 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,140HUD FY2026 Fair Market Rent
Price level (U.S. = 100)90.0-10% · BEA, the metro area
Electricity14.9¢per kWh · EIA Residential MS
Population46,167Census ACS 5-year estimate

How much rent can you afford in Hancock County, MS?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,140Monthly market rent
Share of gross income20.2%Recommended max: 30%
Annual income needed$45,600To meet the 30% standard
Max affordable rent$1,693At 30% of $67,708
0%30% (Affordability standard)100%
Compare against:

How much is rent in Hancock County, MS? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Gulfport-Biloxi, MS HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Hancock County, MS, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$786$9,432$31,44013.9%
1-Bedroom Apartment$923$11,076$36,92016.4%
2-Bedroom ApartmentBenchmark$1,140$13,680$45,60020.2%
3-Bedroom Home$1,471$17,652$58,84026.1%
4-Bedroom Home$1,612$19,344$64,48028.6%

Rent in Hancock County, MS, with the wage each unit needs →

What a typical income covers in Hancock County, MS

The 50/30/20 rule applied to the local median of $67,708 a year ($5,642 a month before tax).

Needs (50%)$2,821/moRent ($1,140 2-BR), utilities (~$134/mo), groceries, transit
Wants (30%)$1,693/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,128/moEmergency fund, retirement, paying down loans

What $67,708 leaves after Mississippi taxes

Federal income tax, Social Security, Medicare and Mississippi tax on the local median income. Change the salary to see yours.

$67,708
$25,000$140,000
Filing status:
Gross salary breakdown$67,708
Net 80%
Fed 9%
MS 3%
FICA 8%
Annual take-home$54,486After all taxes
Monthly deposit$4,541Estimated per month
Biweekly paycheck$2,096Every 2 weeks (26/yr)
Effective tax rate19.5%Total tax burden
Federal income tax$6,066 / yr
Mississippi state income tax$1,976 / yr
FICA (Social Security & Medicare)$5,180 / yr

Living in Hancock County, MS: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Hancock County, MS is $67,708 per year (approximately $5,642 per month).

What is the average rent in Hancock County, MS?

The closest official figure is HUD's Fair Market Rent for 2026: $786 for a studio, $923 for one bedroom, $1,140 for two, $1,471 for three and $1,612 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Hancock County, MS expensive to live in?

Prices there run 10% below the U.S. average. BEA's regional price parity for the metro area is 90.0, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

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

To keep a $1,140 two-bedroom under 30% of gross income, a household needs about $45,600 a year, or $3,800 a month. That is 67% of what the typical household in Hancock County, MS earns.

How much do you need to live comfortably in Hancock County, MS?

On the local median income of $67,708 ($5,642 a month before tax), the 50/30/20 rule leaves $2,821 a month for needs like rent, utilities and groceries, $1,693 for everything else and $1,128 for savings or debt. A two-bedroom at $1,140 takes 40% of the needs share.

How much is the electric bill in Hancock County, MS?

Homes in Mississippi paid 14.9¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $134. Your bill depends mostly on heating and cooling.