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Housing Affordability in Hernando, MS
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 26.8%
- Mississippi 28.1%
- Renters paying 30%+
- 56.2%
- Mississippi 51.3%
- Homeowners paying 30%+
- 20.3%
- Mississippi 19.6%
- Owner costs with a mortgage
- $1,830/mo
- Mississippi $1,394/mo
Housing costs compared with income
- Renters paying 30% or more69656.2%
- Homeowners paying 30% or more1,14320.3%
- Renters paying 50% or more362.9%
- Median rent as a share of income: 31.3%
- Median owner costs as a share of income, with a mortgage: 19.0%
- Median owner costs without a mortgage: $559/mo
- Median home value divided by median household income: 4.1
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Hernando, MS | 26.8% | 56.2% | 20.3% | 31.3% |
| DeSoto County | 27.6% | 51.9% | 21.1% | 30.9% |
| Mississippi | 28.1% | 51.3% | 19.6% | 30.7% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Hernando, MS?
- In Hernando, MS, 26.8% of households spend 30% or more of their income on housing costs.
- How does Hernando compare with Mississippi?
- The households paying 30%+ for housing in Hernando is 26.8%, compared with 28.1% for Mississippi as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates