Cost of Living in Tupelo, MS
Population: 37,825 • 2026 Data
$66,314
Median Household Income
-14% vs national
$940
Median Monthly Rent
-30% vs national
$201,300
Median Home Value
-41% vs national
5.0%
Unemployment Rate
Housing in Tupelo
The median home value in Tupelo, MS is $201,300. Monthly rent for a typical unit averages $940, while total monthly housing costs (including utilities and insurance) average $983.
Rent-to-income ratio: 17.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Tupelo, MS is $66,314. The unemployment rate stands at 5.0%, with a labor force of 18,959 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.