ZIP 39140 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 39140 in the Simpson County, MS FMR area.

Simpson County, MS

$870Efficiency

$8901 bedroom

$1,0402 bedrooms

$1,3603 bedrooms

$1,4904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$870	$783	$957	$798
1 bedroom	$890	$801	$979	$831
2 bedrooms	$1,040	$936	$1,144	$905
3 bedrooms	$1,360	$1,224	$1,496	$1,253
4 bedrooms	$1,490	$1,341	$1,639	$1,513

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

Jefferson Davis County, MS

$870Efficiency

$8901 bedroom

$1,0402 bedrooms

$1,3603 bedrooms

$1,4904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$870	$783	$957	$687
1 bedroom	$890	$801	$979	$692
2 bedrooms	$1,040	$936	$1,144	$905
3 bedrooms	$1,360	$1,224	$1,496	$1,078
4 bedrooms	$1,490	$1,341	$1,639	$1,189

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

Lawrence County, MS

$870Efficiency

$8901 bedroom

$1,0402 bedrooms

$1,3603 bedrooms

$1,4904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$870	$783	$957	$761
1 bedroom	$890	$801	$979	$769
2 bedrooms	$1,040	$936	$1,144	$905
3 bedrooms	$1,360	$1,224	$1,496	$1,185
4 bedrooms	$1,490	$1,341	$1,639	$1,189

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

Income in ZIP 39140

$49,873average adjusted gross income per tax return (2022)

$39,090average salaries and wages per return

890tax returns filed

25%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	36.0%
$25,000 to $50,000	30.3%
$50,000 to $75,000	13.5%
$75,000 to $100,000	7.9%
$100,000 to $200,000	12.4%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 28.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 39140?

HUD's FY2027 Small Area FMRs for ZIP 39140 (Simpson County, MS) are $870 efficiency, $890 one bedroom, $1,040 two bedrooms, $1,360 three and $1,490 four bedrooms.

What payment standard can a housing authority set in ZIP 39140?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $936 to $1,144.

How affordable is rent in ZIP 39140?

Tax returns filed from ZIP 39140 reported an average adjusted gross income of $49,873 (2022). A two-bedroom unit at the Small Area FMR costs $12,480 a year, or 25% of that income.