Cost of Living in Magee, MS

Population 3,977 · 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

At $43,250, median household incomes in Magee land roughly 42% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 28% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Magee is about 40 miles southeast of Jackson, the nearest large metro. Median home values run roughly 13% higher than Jackson's $108,000.

Cost Overview

Housing 40
Rent 56

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

About the Cost of Living in Magee

The median home value in Magee is $122,700 — 60% below the national median of $305,000. Median rent runs $740/month, 44% lower than the national median of $1,314/month. The median household income of $43,250/year is 42% lower than the US median of $74,580. The local unemployment rate is 5.7%, 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, Magee has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$122,700
60% below avg
Zillow Home Value
$160,815
Zillow ZHVI
Median Rent
$740/mo
44% below avg
Price-to-Rent Ratio
13.8x
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 45.6%
Renter-occupied 54.4%

💰 Estimated Monthly Budget

Rent median rent
$740
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,354/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
27.3 min
1% above avg
Gas Price
$3.145/gal
0% below avg
0

Commute Mode

Drove alone
76.0%
Carpooled
18.6%
Walked
4.8%

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
$43,250
42% below avg
Per Capita Income
$20,519
Unemployment Rate
5.7%
19% above avg
Poverty Rate
28.1%
Labor Force Participation
57.5%

🎓 Education

Bachelor's degree+ 7.5%
Graduate degree 4.6%

👥 Demographics

Median Age 42.7
Male median age 38
Female median age 52

Frequently Asked Questions

What is the cost of living in Magee, MS?

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

What is average rent in Magee, MS?

The median gross rent in Magee is $740 per month based on 2023 Census data.

What is the average home price in Magee?

The median home value in Magee is $122,700 according to Zillow and Census data.

What is the median income in Magee?

The median household income in Magee is $43,250 per year (2023 ACS 5-year estimates).

What is the sales tax in Magee, MS?

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

Is Magee, MS affordable?

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

Magee at a Glance

Population
3,977
Median Income
$43,250
Home Value
$122,700
Median Rent
$740/mo
Unemployment
5.7%
Sales Tax
7.1%
View all cities in Mississippi →
🗺️ County data for Mississippi

Explore county-level cost of living data

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