ZIP 39111 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 39111 in the Simpson County, MS FMR area.

Simpson County, MS

$810Efficiency

$8401 bedroom

$9202 bedrooms

$1,2603 bedrooms

$1,5204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$810	$729	$891	$798
1 bedroom	$840	$756	$924	$831
2 bedrooms	$920	$828	$1,012	$905
3 bedrooms	$1,260	$1,134	$1,386	$1,253
4 bedrooms	$1,520	$1,368	$1,672	$1,513

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Smith County, MS

$810Efficiency

$8401 bedroom

$9202 bedrooms

$1,2603 bedrooms

$1,5204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$810	$729	$891	$761
1 bedroom	$840	$756	$924	$769
2 bedrooms	$920	$828	$1,012	$905
3 bedrooms	$1,260	$1,134	$1,386	$1,078
4 bedrooms	$1,520	$1,368	$1,672	$1,189

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 39111

$53,734average adjusted gross income per tax return (2022)

$37,724average salaries and wages per return

3,680tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	37.8%
$25,000 to $50,000	28.3%
$50,000 to $75,000	12.2%
$75,000 to $100,000	8.2%
$100,000 to $200,000	11.1%
$200,000 or more	2.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 30.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 39111?

HUD's FY2027 Small Area FMRs for ZIP 39111 (Simpson County, MS) are $810 efficiency, $840 one bedroom, $920 two bedrooms, $1,260 three and $1,520 four bedrooms.

What payment standard can a housing authority set in ZIP 39111?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $828 to $1,012.

How affordable is rent in ZIP 39111?

Tax returns filed from ZIP 39111 reported an average adjusted gross income of $53,734 (2022). A two-bedroom unit at the Small Area FMR costs $11,040 a year, or 21% of that income.