Housing decision brief
Lawrence County, MS Housing Market
Lawrence County screens as a below-state purchase price, rent that needs comparison, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
28th lowest home value out of 82 Mississippi counties with data | 56th lowest rent out of 82
Median home value
$104,600
Purchase-price signal from Census ACS.
Median rent
$835/mo
Gross rent, including utilities where reported.
Monthly owner cost
$552/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.4x
Median home value divided by local household income.
Rent burden
35.0%
At or above the 30% burden threshold.
Rent vs own
$283/mo
Median owner cost screens below median rent.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$104,600 median home value is 9% below Mississippi county median
Owning screens cheaper than renting
Median owner costs are $283/mo below median rent before individual mortgage terms.
Low disaster-risk signal
Risk score is 75.0 out of 100, a stronger cross-check for long-term ownership costs.
What to Check
Lower income base
$43,368 median income is 10% below Mississippi county median
Health context
Health score is 12.7 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Buyers comparing homes to local incomes
- Households weighing ownership against renting
- Long-term owners who care about disaster-risk exposure
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Lawrence County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $104,600 | $114,900 | $281,900 | 9% favorable9% below Mississippi county median |
Median gross rent Lower usually helps affordability. | $835 | $756 | $1,163 | 10% pressure10% above Mississippi county median |
Monthly owner cost Lower usually helps affordability. | $552 | $615 | $1,672 | 10% favorable10% below Mississippi county median |
Median household income | $43,368 | $48,207 | $74,755 | 10% pressure10% below Mississippi county median |
Effective property-tax rate Lower usually helps affordability. | 0.70% | 1.00% | 1.02% | 30% favorable30% below Mississippi county median |
Rent burden Lower usually helps affordability. | 35.00% | 29.00% | N/A | 21% pressure35.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$9,968
Median income minus rent threshold.
Owner cushion
+$19,711
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Lawrence County is affordable for renters, with a median gross rent of $835/month representing approximately 23.1% of median household income. The rent burden (GRAPI) stands at 35.0%.
Rent vs own
Renters in Lawrence County pay $835/month on average, compared to $552/month for homeowners. This market favors buyers by about 34%.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,400/year. For owner costs at the 28% rule, the required income is roughly $23,657/year. With a median household income of $43,368, most households can comfortably afford rent here. Notably, 35.0% of renter households in Lawrence County are cost-burdened, spending more than 30% of income on housing.
Regional context
Compared to Pearl River County where rent averages $887/month, Lawrence County is approximately 6% less expensive.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Pike County, MS | $110,500 | $879/mo | Same-state comparison near $110,500 home value and $879/mo rent. |
| Clarke County, MS | $114,300 | $803/mo | Same-state comparison near $114,300 home value and $803/mo rent. |
| Washington County, MS | $99,300 | $786/mo | Same-state comparison near $99,300 home value and $786/mo rent. |
| Panola County, MS | $121,500 | $859/mo | Same-state comparison near $121,500 home value and $859/mo rent. |
| Attala County, MS | $107,600 | $774/mo | Same-state comparison near $107,600 home value and $774/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Lawrence County
Is Lawrence County affordable for buying a home?
Is renting or owning cheaper in Lawrence County?
How much income do you need for housing in Lawrence County?
What should I double-check before moving to Lawrence County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.