Carroll County, MS real estate

What the numbers say

Carroll County, MS real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Carroll County pay a median of $577 a year in property taxes on a median home value of $109,600, an effective rate of about 0.53%. The Mississippi average is 0.72%, which makes Carroll County the #6 lowest-tax of 81 counties in the state with published tax data.

Renters pay a median of $662 a month, and $650 for a two-bedroom. At today's prices a typical home costs about 14 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $110,000 home here comes to about $691 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $30,000 a year (the median household here earns $59,327).