Manageable

What Salary Do You Need to Live in Hickory Flat?

To afford a 2-bedroom in Hickory Flat, you need to earn at least $33,120/year based on estimated fair market rent data. The median household income here is $33,219, which means the typical resident is $99 above the threshold.

Census ACS Data Pop. 730

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$580	$1,933	$23,200	$-10,019
1 Bedroom	$687	$2,290	$27,480	$-5,739
2 Bedroom BENCHMARK	$828	$2,760	$33,120	$-99
3 Bedroom	$1,010	$3,367	$40,400	+$7,181
4 Bedroom	$1,242	$4,140	$49,680	+$16,461

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$33,219

Annual household

2BR Required Salary

$33,120

Under 30% rule

Income Gap

+$99

Surplus

Verdict

Manageable

Ratio: 29.9%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Hickory Flat

Your Annual Salary

Pre-filled with Hickory Flat's median household income

Max monthly rent you can afford$830

Studio

$580/mo

1 BR

$687/mo

2 BR

$828/mo

3 BR

$1,010/mo

4 BR

$1,242/mo

Your salary is $0 above the median income in Hickory Flat.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Hickory Flat

Hickory Flat is borderline manageable — the difference between required salary and median income is just $99. 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 ($687/month) or studio ($580/month) materially improves the math. For those needing more space, a 3-bedroom in Hickory Flat pushes the required income to $40,400.

For comfortable living in Hickory Flat without financial stress, target a household income of at least $49,680 — 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 Hickory Flat, Mississippi.

With a total population of 730, the city supports an active civilian workforce of 217 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $33,120 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

217

Active civilian employees in Hickory Flat

Frequently Asked Questions About Renting in Hickory Flat

What salary do I need to live in Hickory Flat, Mississippi?

To afford a 2-bedroom in Hickory Flat under the 30% rule, you need an annual salary of at least $33,120. The median household income in Hickory Flat is $33,219.

Can I afford a 2-bedroom in Hickory Flat on $33,219?

The affordability verdict for Hickory Flat is "Manageable". The rent-to-income ratio is 29.9%, meaning median earners have a $99 surplus.

What is the average rent in Hickory Flat compared to median income?

The median gross rent in Hickory Flat is $687/month. With a median household income of $33,219, residents spend approximately 29.9% of their income on rent.

What salary do I need for a studio in Hickory Flat?

A studio in Hickory Flat rents for approximately $580/month. Under the 30% rule, you need an annual salary of $23,200 to afford this.

Is Hickory Flat considered an affordable place to live?

Based on the surplus of $99 and an affordability verdict of "Manageable", Hickory Flat is considered a manageable rental market when comparing the required 2-bedroom salary of $33,120 to the local median household income.

How Hickory Flat Compares

Other cities in Mississippi with salary requirements