Cost of Living in Southaven, MS
Population: 55,531 • 2026 Data
$76,159
Median Household Income
-2% vs national
$1,361
Median Monthly Rent
+1% vs national
$214,800
Median Home Value
-37% vs national
3.9%
Unemployment Rate
Housing in Southaven
The median home value in Southaven, MS is $214,800. Monthly rent for a typical unit averages $1,361, while total monthly housing costs (including utilities and insurance) average $1,327.
Rent-to-income ratio: 21.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Southaven, MS is $76,159. The unemployment rate stands at 3.9%, with a labor force of 28,930 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.