Affordable

What Salary Do You Need to Live in Guntown?

To afford a 2-bedroom in Guntown, you need to earn at least $45,960/year based on estimated fair market rent data. The median household income here is $66,058, which means the typical resident is $20,098 above the threshold.

Census ACS Data Pop. 2,279

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$804	$2,680	$32,160	$-33,898
1 Bedroom	$954	$3,180	$38,160	$-27,898
2 Bedroom BENCHMARK	$1,149	$3,830	$45,960	$-20,098
3 Bedroom	$1,402	$4,673	$56,080	$-9,978
4 Bedroom	$1,724	$5,747	$68,960	+$2,902

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$66,058

Annual household

2BR Required Salary

$45,960

Under 30% rule

Income Gap

+$20,098

Surplus

Verdict

Affordable

Ratio: 20.9%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Guntown

Your Annual Salary

Pre-filled with Guntown's median household income

Max monthly rent you can afford$1,651

Studio

$804/mo

1 BR

$954/mo

2 BR

$1,149/mo

3 BR

$1,402/mo

4 BR

$1,724/mo

Your salary is $0 above the median income in Guntown.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Guntown

Guntown, Mississippi stands out as one of the more financially accessible housing markets in the state. The median household income of $66,058 significantly exceeds the $45,960 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $20,098 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Guntown, a studio at $804/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,402/month remains accessible for dual-income households earning above $56,080.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $68,940 would position you well — though many residents in Guntown manage on less given the favorable rent-to-income dynamics.

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 Guntown, Mississippi.

With a total population of 2,279, the city supports an active civilian workforce of 1,051 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $45,960 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

1,051

Active civilian employees in Guntown

Frequently Asked Questions About Renting in Guntown

What salary do I need to live in Guntown, Mississippi?

To afford a 2-bedroom in Guntown under the 30% rule, you need an annual salary of at least $45,960. The median household income in Guntown is $66,058.

Can I afford a 2-bedroom in Guntown on $66,058?

The affordability verdict for Guntown is "Affordable". The rent-to-income ratio is 20.9%, meaning median earners have a $20,098 surplus.

What is the average rent in Guntown compared to median income?

The median gross rent in Guntown is $954/month. With a median household income of $66,058, residents spend approximately 20.9% of their income on rent.

What salary do I need for a studio in Guntown?

A studio in Guntown rents for approximately $804/month. Under the 30% rule, you need an annual salary of $32,160 to afford this.

Is Guntown considered an affordable place to live?

Based on the surplus of $20,098 and an affordability verdict of "Affordable", Guntown is considered a affordable rental market when comparing the required 2-bedroom salary of $45,960 to the local median household income.

How Guntown Compares

Other cities in Mississippi with salary requirements