#47
Mississippi
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State Facts
Minimum Wage
$7.25
Average Renter Wage
$11.44
2-Bedroom Housing Wage
$14.51
Number of Renter Households
352,404
Percent Renters
32%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$7.25/hr
Each week you
have to work
66HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Mississippi | Adams County |
|---|---|---|
| Total | 1,098,803 | 11,586 |
| Renter | 352,404 | 4,215 |
| Percent Renters | 32% | 36% |
| Housing Wage | Mississippi | Adams County |
|---|---|---|
| Zero-Bedroom | $10.70 | $10.13 |
| One-Bedroom | $11.94 | $10.81 |
| Two-Bedroom | $14.51 | $14.37 |
| Three-Bedroom | $19.19 | $18.02 |
| Four-Bedroom | $21.92 | $19.56 |
| Fair Market Rent | Mississippi | Adams County |
|---|---|---|
| Zero-Bedroom | $557 | $527 |
| One-Bedroom | $621 | $562 |
| Two-Bedroom | $755 | $747 |
| Three-Bedroom | $998 | $937 |
| Four-Bedroom | $1,140 | $1,017 |
| Annual Income Needed to Afford | Mississippi | Adams County |
|---|---|---|
| Zero-Bedroom | $22,263 | $21,080 |
| One-Bedroom | $24,825 | $22,480 |
| Two-Bedroom | $30,188 | $29,880 |
| Three-Bedroom | $39,906 | $37,480 |
| Four-Bedroom | $45,595 | $40,680 |
| Minimum Wage | Mississippi | Adams County |
|---|---|---|
| Minimum Wage | $7.25 | $7.25 |
| Rent Affordable at Minimum Wage | $377 | $377 |
| Work Hours/Week at Minimum Wage | Mississippi | Adams County |
|---|---|---|
| Zero-Bedroom | 59 | 56 |
| One-Bedroom | 66 | 60 |
| Two-Bedroom | 80 | 79 |
| Three-Bedroom | 106 | 99 |
| Four-Bedroom | 121 | 108 |
| Renter Wage | Mississippi | Adams County |
|---|---|---|
| Estimated Mean Renter Wage | $11.44 | $9.10 |
| Rent Affordable at Mean Renter Wage | $595 | $473 |
| Work Hours/Week at Mean Renter Wage | Mississippi | Adams County |
|---|---|---|
| Zero-Bedroom | 37 | 45 |
| One-Bedroom | 42 | 48 |
| Two-Bedroom | 51 | 63 |
| Three-Bedroom | 67 | 79 |
| Four-Bedroom | 77 | 86 |
| Supplemental Security Income (SSI) Payment | Mississippi | Adams County |
|---|---|---|
| SSI Monthly Payment | $750 | $750 |
| Rent Affordable to SSI Recipient | $225 | $225 |
| Income Levels | Mississippi | Adams County |
|---|---|---|
| 30% of Area Median Income (AMI) | $15,640 | $11,340 |
| Estimated Renter Median Household Income | $26,546 | $17,956 |
| Rent Affordable at Different Income Levels | Mississippi | Adams County |
|---|---|---|
| 30% of Area Median Income (AMI) | $391 | $284 |
| Estimated Renter Median Household Income | $664 | $449 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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