Cost of Living in Canton
Canton's cost of living centers on genuinely affordable housing, offset by a genuinely low median household income and a disclosed property-tax cross-source spread.
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Learn moreGenuinely affordable housing
Redfin's median sale price ran $210,000, while Movoto's separate asking-price listing median ran higher at $337,000 -- a real, disclosed spread this record does not resolve to one figure (base record).
A genuinely low median household income
Canton's median household income runs approximately $38,337 (HomeSnacks, 2026) -- well below even Mississippi's own already-low statewide figure, a real cost-of-living context this record discloses honestly (base record).
A real, disclosed property-tax spread
Ownwell cites Canton's rate at 1.24%, against a real, disclosed methodological tension with this project's own statewide research anchoring Mississippi's rate at 0.65% -- confirm the current combined rate directly (base record).
Mississippi's real, low 4.0% state income tax
Mississippi's real, current flat individual income tax rate (4.0% for 2026) and full retirement-income exemption apply in Canton as statewide (base record).
Key takeaways
- Canton's $210,000 median home sale price runs genuinely affordable, though listing prices run higher.
- Canton's median household income (~$38,337) runs genuinely low, even by Mississippi's own low statewide standard.
- Canton's property tax rate carries a real, disclosed cross-source spread (1.24% Ownwell vs. 0.65% this project's own statewide figure).
- Mississippi's 4.0% flat state income tax (2026) applies statewide, including in Canton.
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