Lawrence County, Mississippi Housing Market

In Lawrence County, Mississippi, the median home value is $100,000, with a median monthly rent of $753. This places Lawrence County at #2916 nationally out of 3134 counties by median home value, and #67 within Mississippi.

Median Home Value $100,000
Median Rent $753/mo
Owner Occupancy 83.5%
Price/Rent Ratio 11.1

📈 Price Trend (2017 → 2024)

ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.

📍 Economic Snapshot

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Employment & Wages

2,022
jobs (private sector)
  • Avg weekly wage: $1,236
  • Establishments: 184
  • BLS QCEW, 2025
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Migration Patterns

+219
net migration (filers, 2021-2022)
  • Inflow: 4,126 (avg $53,078)
  • Outflow: 3,907 (avg $53,788)
  • IRS Statistics of Income

How Lawrence County Compares

MetricLawrence CountyMississippi AverageU.S. Average
Median Home Value $100,000 $135,817 $227,706
Median Gross Rent $753 $804 $968
Owner Occupancy Rate 83.5% 72.4% 73.3%
Price/Rent Ratio 11.1 13.9 18.7

Market Analysis

The median home value in Lawrence County is 26.4% below the Mississippi state average and 56.1% below the U.S. national average. The median rent of $753/month is 6.3% below the state average.

With a price-to-rent ratio of 11.1, buying a home in Lawrence County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Lawrence County has an owner-occupancy rate of 83.5%, compared to 72.4% in Mississippi and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Edwards County Illinois $100,000 $811
Cloud County Kansas $100,000 $769
Neshoba County Mississippi $100,000 $839
Treutlen County Georgia $100,100 $733
Cherokee County Kansas $100,100 $799

Other Counties in Mississippi

CountyMedian Home ValueMedian RentOwner Occ.
Neshoba County $100,000 $839 78.1%
Sunflower County $100,300 $694 54.9%
Kemper County $99,600 $677 79.0%
Amite County $100,800 $670 82.4%
Leflore County $101,200 $689 52.4%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).