Cost of Living in Morton, MS

Population 3,661 · Mississippi · Data vintage 2023

46
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $38,889, median household incomes in Morton land roughly 48% below the US median, a gap that tends to persist across local labor-market indicators. The labor market has been unusually tight, with unemployment around 0.3% — below most comparable cities in the state.

Morton is about 30 miles east 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 17% lower than Jackson's $108,000.

Cost Overview

Housing 30
Rent 71

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

About the Cost of Living in Morton

The median home value in Morton is $90,000 — 70% below the national median of $305,000. Median rent runs $932/month, 29% lower than the national median of $1,314/month. The median household income of $38,889/year is 48% lower than the US median of $74,580. The local unemployment rate is 0.3%, 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, Morton has a cost of living index of 46 versus the US average of 100, meaning it is 54% less expensive.

🏠 Housing

Median Home Value
$90,000
70% below avg
Zillow Home Value
$109,821
Zillow ZHVI
Median Rent
$932/mo
29% below avg
Price-to-Rent Ratio
8.0x
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 64.3%
Renter-occupied 35.7%

💰 Estimated Monthly Budget

Rent median rent
$932
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,546/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
31.8 min
18% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.2%

Commute Mode

Drove alone
78.5%
Carpooled
16.4%
Work from home
5.2%

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
$38,889
48% below avg
Per Capita Income
$28,199
Unemployment Rate
0.3%
94% below avg
Poverty Rate
29.8%
Labor Force Participation
42.5%

🎓 Education

Bachelor's degree+ 4.2%
Graduate degree 0.2%

👥 Demographics

Median Age 34.9
Male median age 27.3
Female median age 37.6

Frequently Asked Questions

What is the cost of living in Morton, MS?

Morton has a cost index of 46 (100 = national average). It is 54% below the national average.

What is average rent in Morton, MS?

The median gross rent in Morton is $932 per month based on 2023 Census data.

What is the average home price in Morton?

The median home value in Morton is $90,000 according to Zillow and Census data.

What is the median income in Morton?

The median household income in Morton is $38,889 per year (2023 ACS 5-year estimates).

What is the sales tax in Morton, MS?

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

Is Morton, MS affordable?

Yes, Morton is generally considered affordable, with a cost of living index of 46 — about 54% below the US national average of 100.

Morton at a Glance

Population
3,661
Median Income
$38,889
Home Value
$90,000
Median Rent
$932/mo
Unemployment
0.3%
Sales Tax
7.1%
View all cities in Mississippi →
🗺️ County data for Mississippi

Explore county-level cost of living data

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