The typical owner-occupied home in Natchez is worth about $66,900, 69% below the Louisiana median of $216,500 and 80% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.30% of their home's value, lower than the Louisiana rate of 0.55%. 56% of occupied homes here are lived in by their owners, and 3% of those owners still have a mortgage.
Natchez at a glance
| Natchez | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $66,900 | $216,500 | $332,700 |
| Median property tax paid per year | $199 | $1,180 | $3,119 |
| Property tax as a share of value | 0.30% | 0.55% | 0.94% |
| Median household income | – | $60,756 | $80,734 |
| Homes lived in by their owners | 56% | 67% | 65% |
| Owner homes with a mortgage | 3% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,604 | $1,963 |
| Median rent | $317 | $1,064 | $1,413 |
| Rent as a share of renters' income | 51.0% | 32.8% | 30.6% |
| Median year homes were built | 1993 | 1983 | 1980 |
| Vacant homes | 18.9% | 14.4% | 10.1% |
| Population | 351 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Natchez
At this week's average 30-year rate of 7.11%, buying the median Natchez home of $66,900 with 20% down costs about $405 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $516, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $17,341 for the 20%-down payment.
The median rent here is $317 a month, so owning the median home costs about $88 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $13,380 |
|---|---|
| Loan amount | $53,520 |
| Principal and interest | $360 |
| Property taxes (0.30% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $405 |
Change the numbers in the calculator
| Down payment | $2,342 |
|---|---|
| Loan amount | $65,688 |
| Principal and interest | $442 |
| Property taxes (0.30% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $30 |
| Total per month | $516 |
Change the numbers in the calculator
Questions about home buying in Natchez
What is the median home value in Natchez?
About $66,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Natchez?
Homeowners pay a median $199 a year, which is about 0.30% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Natchez?
For the median home with 20% down at 7.11%, the payment is about $405 a month. Keeping that under 28% of gross income takes about $17,341 a year.
More about Natchez
- Mortgage Refinance in Natchez
- Debt Relief in Natchez
- Home Equity Loans in Natchez
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data