Cost of Living in Horn Lake, MS
Population: 26,622 • 2026 Data
$56,847
Median Household Income
-27% vs national
$1,293
Median Monthly Rent
-4% vs national
$158,900
Median Home Value
-53% vs national
6.7%
Unemployment Rate
Housing in Horn Lake
The median home value in Horn Lake, MS is $158,900. Monthly rent for a typical unit averages $1,293, while total monthly housing costs (including utilities and insurance) average $1,132.
Rent-to-income ratio: 27.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Horn Lake, MS is $56,847. The unemployment rate stands at 6.7%, with a labor force of 13,745 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.