The typical owner-occupied home in Rosedale is worth about $103,600, 39% below the Mississippi median of $169,800 and 69% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.19% of their home's value, lower than the Mississippi rate of 0.72%. The median household earns $18,696 a year, so the median home costs 5.5 times the median income (3.0 times for Mississippi). 45% of occupied homes here are lived in by their owners, and 15% of those owners still have a mortgage.
Rosedale at a glance
| Rosedale | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $103,600 | $169,800 | $332,700 |
| Median property tax paid per year | $199 | $1,215 | $3,119 |
| Property tax as a share of value | 0.19% | 0.72% | 0.94% |
| Median household income | $18,696 | $56,447 | $80,734 |
| Homes lived in by their owners | 45% | 70% | 65% |
| Owner homes with a mortgage | 15% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $982 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 25.0% | 19.8% | 21.0% |
| Median rent | $358 | $954 | $1,413 |
| Rent as a share of renters' income | 40.0% | 30.7% | 30.6% |
| Median year homes were built | 1981 | 1986 | 1980 |
| Vacant homes | 15.9% | 14.6% | 10.1% |
| Population | 1,703 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Rosedale
At this week's average 30-year rate of 7.11%, buying the median Rosedale home of $103,600 with 20% down costs about $617 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $790, 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 $26,448 for the 20%-down payment. That payment is 40% of the median Rosedale household income of $18,696; at that income and 20% down, the 28% guideline points to a home of about $73,000.
The median rent here is $358 a month, so owning the median home costs about $259 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,720 |
|---|---|
| Loan amount | $82,880 |
| Principal and interest | $558 |
| Property taxes (0.19% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| PMI | $0 |
| Total per month | $617 |
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| Down payment | $3,626 |
|---|---|
| Loan amount | $101,724 |
| Principal and interest | $684 |
| Property taxes (0.19% a year) | $16 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| FHA mortgage insurance | $46 |
| Total per month | $790 |
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Questions about home buying in Rosedale
What is the median home value in Rosedale?
About $103,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rosedale?
Homeowners pay a median $199 a year, which is about 0.19% 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 Rosedale?
For the median home with 20% down at 7.11%, the payment is about $617 a month. Keeping that under 28% of gross income takes about $26,448 a year.
More about Rosedale
- Mortgage Refinance in Rosedale
- Debt Relief in Rosedale
- Home Equity Loans in Rosedale
- 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