The typical owner-occupied home in West is worth about $82,900, 51% below the Mississippi median of $169,800 and 75% below the national median of $332,700. The median household earns $88,977 a year, so the median home costs 0.9 times the median income (3.0 times for Mississippi). 78% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
West at a glance
| West | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $82,900 | $169,800 | $332,700 |
| Median property tax paid per year | – | $1,215 | $3,119 |
| Median household income | $88,977 | $56,447 | $80,734 |
| Homes lived in by their owners | 78% | 70% | 65% |
| Owner homes with a mortgage | 0% | 49% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,394 | $1,963 |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1945 | 1986 | 1980 |
| Vacant homes | 19.0% | 14.6% | 10.1% |
| Population | 175 | 2,946,779 | 334,922,499 |
What a typical home costs per month in West
At this week's average 30-year rate of 7.11%, buying the median West home of $82,900 with 20% down costs about $557 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $695, 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 $23,857 for the 20%-down payment. That payment is 8% of the median West household income of $88,977; at that income and 20% down, the 28% guideline points to a home of about $309,000.
| Down payment | $16,580 |
|---|---|
| Loan amount | $66,320 |
| Principal and interest | $446 |
| Property taxes (1.10% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| PMI | $0 |
| Total per month | $557 |
Change the numbers in the calculator
| Down payment | $2,902 |
|---|---|
| Loan amount | $81,398 |
| Principal and interest | $548 |
| Property taxes (1.10% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| FHA mortgage insurance | $37 |
| Total per month | $695 |
Change the numbers in the calculator
Questions about home buying in West
What is the median home value in West?
About $82,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in West?
For the median home with 20% down at 7.11%, the payment is about $557 a month. Keeping that under 28% of gross income takes about $23,857 a year.
More about West
- Mortgage Refinance in West
- Debt Relief in West
- Home Equity Loans in West
- 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