Cost of Living in Brandon
Brandon's cost of living runs genuinely higher on housing and rent than several other Mississippi Tier A markets, offset by a favorable property tax rate.
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Learn moreHousing and rent run above several other MS markets
Brandon's average home value ran approximately $289,325 (Zillow), and average rent ran approximately $1,600/month (RentCafe) -- both genuinely higher than several other Mississippi Tier A markets in this dataset.
A favorable property tax rate
Brandon's effective property tax rate (~0.98%) runs below both the national median (~1.02%) and Rankin County's own broader median (~0.99%).
A favorable, phasing-down state income tax
Mississippi's real, current flat 4.0% income tax (2026) is legislated to phase down to 0% by 2037, and the state fully exempts all qualified retirement income.
Key takeaways
- Brandon's housing and rent run genuinely above several other MS Tier A markets.
- Brandon's effective property tax rate (~0.98%) runs favorably below the national median.
- Mississippi's income tax is phasing toward zero, with full retirement-income exemption already in place.
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