Manageable

What Salary Do You Need to Live in Friars Point?

To afford a 2-bedroom in Friars Point, you need to earn at least $21,960/year based on estimated fair market rent data. The median household income here is $25,156, which means the typical resident is $3,196 above the threshold.

Census ACS Data Pop. 1,083

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$384	$1,280	$15,360	$-9,796
1 Bedroom	$456	$1,520	$18,240	$-6,916
2 Bedroom BENCHMARK	$549	$1,830	$21,960	$-3,196
3 Bedroom	$670	$2,233	$26,800	+$1,644
4 Bedroom	$824	$2,747	$32,960	+$7,804

Affordability Breakdown

Where the required salary line crosses above Friars Point's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$25,156

Annual household

2BR Required Salary

$21,960

Under 30% rule

Income Gap

+$3,196

Surplus

Verdict

Manageable

Ratio: 26.2%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Friars Point

Your Annual Salary

Pre-filled with Friars Point's median household income

Max monthly rent you can afford$629

Studio

$384/mo

1 BR

$456/mo

2 BR

$549/mo

3 BR

$670/mo

4 BR

$824/mo

Your salary is $0 above the median income in Friars Point.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Friars Point's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Friars Point

Friars Point is borderline manageable — the difference between required salary and median income is just $3,196. This means most households can technically afford a 2-bedroom, but have very little breathing room for savings or emergencies.

Downsizing to a 1-bedroom ($456/month) or studio ($384/month) materially improves the math. For those needing more space, a 3-bedroom in Friars Point pushes the required income to $26,800.

For comfortable living in Friars Point without financial stress, target a household income of at least $32,940 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Mississippi's cost of living.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Friars Point, Mississippi.

With a total population of 1,083, the city supports an active civilian workforce of 384 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $21,960 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

384

Active civilian employees in Friars Point

Frequently Asked Questions About Renting in Friars Point

What salary do I need to live in Friars Point, Mississippi?

To afford a 2-bedroom in Friars Point under the 30% rule, you need an annual salary of at least $21,960. The median household income in Friars Point is $25,156.

Can I afford a 2-bedroom in Friars Point on $25,156?

The affordability verdict for Friars Point is "Manageable". The rent-to-income ratio is 26.2%, meaning median earners have a $3,196 surplus.

What is the average rent in Friars Point compared to median income?

The median gross rent in Friars Point is $456/month. With a median household income of $25,156, residents spend approximately 26.2% of their income on rent.

What salary do I need for a studio in Friars Point?

A studio in Friars Point rents for approximately $384/month. Under the 30% rule, you need an annual salary of $15,360 to afford this.

Is Friars Point considered an affordable place to live?

Based on the surplus of $3,196 and an affordability verdict of "Manageable", Friars Point is considered a manageable rental market when comparing the required 2-bedroom salary of $21,960 to the local median household income.

How Friars Point Compares

Other cities in Mississippi with salary requirements