Hahaha, how funny. It just so happens that I grew up in Jackson, Mississippi, and having family there still, I'm quite conversant with the local economics. I'm assuming that you got a median house price, or a median mortgage, of $58k from somewhere. That's not an entirely unreasonable number, but the distribution is anything but normal - it's at least biphasic, probably triphasic (large underclass, modest middle class, small upper middle class, tiny sprinkling of really wealthy people). In much of the city, a large number of properties that have been repossessed for taxes can't be sold because the simple requirement to pay up to three years' back taxes in order to take possession of the property completely eliminates the potential profit.
You can buy a habitable home in a not-so-great neighborhood for under $50k, or a used trailer for something like $10k. You can easily rent a 2BR apartment in a bad neighborhood for $200/mo. The people I knew didn't drive new cars, and if one died in a way they didn't know how to fix, they'd buy something for $1500, max. They also didn't pay anything like Jackson prices for housing.
Incidentally, since when is a minimum wage job supposed to support a family of four on one income? I said you could do that on a median income, or yourself pretty easily at poverty line.