Cost of Living in Beechwood, MS
Population 3,708 · Mississippi · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Beechwood a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $239,000. The labor market has been unusually tight, with unemployment around 0.5% — below most comparable cities in the state.
Beechwood is about 35 miles west of Jackson, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 121% higher than Jackson's $108,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Beechwood
The median home value in Beechwood is $239,400 — 22% below the national median of $305,000. Median rent runs $902/month, 31% lower than the national median of $1,314/month. The median household income of $88,653/year is 19% higher than the US median of $74,580. The local unemployment rate is 0.5%, below the national average of 4.8%. Mississippi's top state income tax rate is 4.7% and the combined sales tax is 7.1%. Overall, Beechwood has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.
Beechwood has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Beechwood, MS?
Beechwood has a cost index of 75 (100 = national average). It is 25% below the national average.
What is average rent in Beechwood, MS?
The median gross rent in Beechwood is $902 per month based on 2023 Census data.
What is the average home price in Beechwood?
The median home value in Beechwood is $239,400 according to 2023 Census ACS data.
What is the median income in Beechwood?
The median household income in Beechwood is $88,653 per year (2023 ACS 5-year estimates).
What is the sales tax in Beechwood, MS?
The combined state and local sales tax rate in Beechwood is 7.1%. The Mississippi state income tax top rate is 4.7%.
Is Beechwood, MS affordable?
Yes, Beechwood is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.
Beechwood at a Glance
- Population
- 3,708
- Median Income
- $88,653
- Home Value
- $239,400
- Median Rent
- $902/mo
- Unemployment
- 0.5%
- Sales Tax
- 7.1%
Nearby Cities
Explore county-level cost of living data
Mississippi Rankings
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