Jefferson Davis County, MS real estate

What the numbers say

Jefferson Davis County, MS real estate at a glance

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

Homeowners in Jefferson Davis County pay a median of $800 a year in property taxes on a median home value of $90,100, an effective rate of about 0.89%. The Mississippi average is 0.72%, which makes Jefferson Davis County the #69 lowest-tax of 81 counties in the state with published tax data.

Renters pay a median of $757 a month, and $788 for a two-bedroom. At today's prices a typical home costs about 10 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 $90,000 home here comes to about $595 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $26,000 a year (the median household here earns $38,548).