Cost of Living in Holly Springs, MS
Population 6,861 · Mississippi · Data vintage 2023
(100 = US avg)
Holly Springs's median household income of $47,344 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (24% here). At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Holly Springs is about 35 miles southeast of Memphis, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 29% lower than Memphis' $157,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Holly Springs
The median home value in Holly Springs is $110,900 — 64% below the national median of $305,000. Median rent runs $754/month, 43% lower than the national median of $1,314/month. The median household income of $47,344/year is 37% lower than the US median of $74,580. The local unemployment rate is 6.4%, above the national average of 4.8%. Mississippi's top state income tax rate is 4.7% and the combined sales tax is 7.1%. The climate averages highs of 71.3°F and lows of 47.9°F. Overall, Holly Springs has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.
Holly Springs 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 50 | 55 | 64 | 73 | 80 | 86 | 89 | 89 | 83 | 73 | 62 | 53 |
| Low °F | 29 | 32 | 39 | 47 | 56 | 64 | 67 | 66 | 59 | 47 | 37 | 32 |
| Precip" | 4.17 | 5.18 | 5.18 | 5.85 | 5.45 | 4.59 | 4.30 | 2.67 | 3.60 | 4.47 | 4.38 | 5.64 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Holly Springs, MS?
Holly Springs has a cost index of 45 (100 = national average). It is 55% below the national average.
What is average rent in Holly Springs, MS?
The median gross rent in Holly Springs is $754 per month based on 2023 Census data.
What is the average home price in Holly Springs?
The median home value in Holly Springs is $110,900 according to Zillow and Census data.
What is the median income in Holly Springs?
The median household income in Holly Springs is $47,344 per year (2023 ACS 5-year estimates).
What is the sales tax in Holly Springs, MS?
The combined state and local sales tax rate in Holly Springs is 7.1%. The Mississippi state income tax top rate is 4.7%.
Is Holly Springs, MS affordable?
Yes, Holly Springs is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.
What is the weather like in Holly Springs?
Holly Springs has average high temperatures of 71.3°F and average lows of 47.9°F. Annual precipitation is 55.5". Data from NOAA 1991–2020 Climate Normals.
Holly Springs at a Glance
- Population
- 6,861
- Median Income
- $47,344
- Home Value
- $110,900
- Median Rent
- $754/mo
- Unemployment
- 6.4%
- Avg High Temp
- 71.3°F
- Sales Tax
- 7.1%
Explore county-level cost of living data
Mississippi Rankings
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