Executive Financial Report: Byram (39272)
Evaluating relocation options in Hinds? The financial benchmark for residing in Byram, MS (39272) indicates that a single worker needs roughly $3,165 monthly ($37,975.23 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $724 per month—just 23% of baseline expenses—Byram offers exceptionally competitive housing costs compared to wider metropolitan averages across Mississippi.
Local earnings in Byram (39272) demonstrate strong purchasing power. The area median family income of $58,186 significantly exceeds the annual baseline living threshold ($37,975.23) by a ratio of 1.53x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.
On the expenditure side, groceries and essential nutrition require approximately $282 per month in Byram. Direct tax liabilities consume an estimated $498 monthly (16% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Byram (39272) presents a distinct economic profile within Hinds. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.