Cost of Living in Leakesville, MS

Population 5,564 · Mississippi · Data vintage 2023

47
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Leakesville stay well under national norms: a median home value of $111,000 against median household incomes of $65,745 gives the city one of the more comfortable price-to-income ratios in Mississippi. Unemployment has stayed elevated relative to the national figure — 12.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 45 miles northwest of Mobile, Leakesville falls within that metro's commuting orbit. Median home values run roughly 35% lower than Mobile's $170,000.

Cost Overview

Housing 36
Rent 63

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Leakesville

The median home value in Leakesville is $111,300 — 64% below the national median of $305,000. Median rent runs $826/month, 37% lower than the national median of $1,314/month. The median household income of $65,745/year is 12% lower than the US median of $74,580. The local unemployment rate is 12.1%, 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%. Overall, Leakesville has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$111,300
64% below avg
Zillow Home Value
$401,089
Zillow ZHVI
Median Rent
$826/mo
37% below avg
Price-to-Rent Ratio
11.2x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$770
1 BR
$802
2 BR
$933
3 BR
$1,238
4 BR
$1,321
Owner-occupied 61.2%
Renter-occupied 38.8%

💰 Estimated Monthly Budget

Rent median rent
$826
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,440/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
40.7 min
51% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
0.7%

Commute Mode

Drove alone
83.7%
Carpooled
9.9%
Walked
3.9%
Work from home
0.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.7%
Total Sales Tax 7.1%
State rate 7.0%
Avg local rate 0.1%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$65,745
12% below avg
Per Capita Income
$7,329
Unemployment Rate
12.1%
151% above avg
Poverty Rate
30.3%
Labor Force Participation
10.6%

🎓 Education

Bachelor's degree+ 4.6%
Graduate degree 3.1%

👥 Demographics

Median Age 43.6
Male median age 43.3
Female median age 46.7

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
15.5:1
Student-teacher ratio
6
Public schools
1,755
Total enrollment

Frequently Asked Questions

What is the cost of living in Leakesville, MS?

Leakesville has a cost index of 47 (100 = national average). It is 53% below the national average.

What is average rent in Leakesville, MS?

The median gross rent in Leakesville is $826 per month based on 2023 Census data.

What is the average home price in Leakesville?

The median home value in Leakesville is $111,300 according to Zillow and Census data.

What is the median income in Leakesville?

The median household income in Leakesville is $65,745 per year (2023 ACS 5-year estimates).

What is the sales tax in Leakesville, MS?

The combined state and local sales tax rate in Leakesville is 7.1%. The Mississippi state income tax top rate is 4.7%.

Is Leakesville, MS affordable?

Yes, Leakesville is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.

Leakesville at a Glance

Population
5,564
Median Income
$65,745
Home Value
$111,300
Median Rent
$826/mo
Unemployment
12.1%
Sales Tax
7.1%
View all cities in Mississippi →
🗺️ County data for Mississippi

Explore county-level cost of living data

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