Mississippi · Census, HUD and BEA figures · Updated

Cost of Living in Simpson County, MS

Prices around Simpson County, MS run 11% below the U.S. average (BEA, the metro area). The typical household there earns $56,381 a year, and HUD puts a two-bedroom at $858 a month. Keeping that rent under 30% of income takes about $34,320 a year.

Simpson County, MS at a glance

Median household income

$56,381$4,698 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$858HUD FY2026 Fair Market Rent
Price level (U.S. = 100)89.0-11% · BEA, the metro area
Electricity14.9¢per kWh · EIA Residential MS
Population25,691Census ACS 5-year estimate

How much rent can you afford in Simpson 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$858Monthly market rent
Share of gross income18.3%Recommended max: 30%
Annual income needed$34,320To meet the 30% standard
Max affordable rent$1,410At 30% of $56,381
0%30% (Affordability standard)100%
Compare against:

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

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

HUD Fair Market Rent in Simpson County, MS, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$592$7,104$23,68012.6%
1-Bedroom Apartment$762$9,144$30,48016.2%
2-Bedroom ApartmentBenchmark$858$10,296$34,32018.3%
3-Bedroom Home$1,193$14,316$47,72025.4%
4-Bedroom Home$1,439$17,268$57,56030.6%

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

What a typical income covers in Simpson County, MS

The 50/30/20 rule applied to the local median of $56,381 a year ($4,698 a month before tax).

Needs (50%)$2,349/moRent ($858 2-BR), utilities (~$134/mo), groceries, transit
Wants (30%)$1,410/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$940/moEmergency fund, retirement, paying down loans

What $56,381 leaves after Mississippi taxes

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

$56,381
$20,000$115,000
Filing status:
Gross salary breakdown$56,381
Net 82%
Fed 8%
MS 3%
FICA 8%
Annual take-home$45,959After all taxes
Monthly deposit$3,830Estimated per month
Biweekly paycheck$1,768Every 2 weeks (26/yr)
Effective tax rate18.5%Total tax burden
Federal income tax$4,586 / yr
Mississippi state income tax$1,523 / yr
FICA (Social Security & Medicare)$4,313 / yr

Living in Simpson County, MS: common questions

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

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Simpson County, MS is $56,381 per year (approximately $4,698 per month).

What is the average rent in Simpson County, MS?

The closest official figure is HUD's Fair Market Rent for 2026: $592 for a studio, $762 for one bedroom, $858 for two, $1,193 for three and $1,439 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 Simpson County, MS expensive to live in?

Prices there run 11% below the U.S. average. BEA's regional price parity for the metro area is 89.0, 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 Simpson County, MS?

To keep a $858 two-bedroom under 30% of gross income, a household needs about $34,320 a year, or $2,860 a month. That is 61% of what the typical household in Simpson County, MS earns.

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

On the local median income of $56,381 ($4,698 a month before tax), the 50/30/20 rule leaves $2,349 a month for needs like rent, utilities and groceries, $1,410 for everything else and $940 for savings or debt. A two-bedroom at $858 takes 37% of the needs share.

How much is the electric bill in Simpson 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.