The typical owner-occupied home in Calhoun County is worth about $90,300, 47% below the Mississippi median of $169,800 and 73% below the national median of $332,700. Owners pay a median $600 a year in property taxes, about 0.66% of their home's value, lower than the Mississippi rate of 0.72%. The median household earns $43,125 a year, so the median home costs 2.1 times the median income (3.0 times for Mississippi). 72% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Calhoun County at a glance
| Calhoun County | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $90,300 | $169,800 | $332,700 |
| Median property tax paid per year | $600 | $1,215 | $3,119 |
| Property tax as a share of value | 0.66% | 0.72% | 0.94% |
| Median household income | $43,125 | $56,447 | $80,734 |
| Homes lived in by their owners | 72% | 70% | 65% |
| Owner homes with a mortgage | 38% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,099 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 22.6% | 19.8% | 21.0% |
| Median rent | $662 | $954 | $1,413 |
| Rent as a share of renters' income | 29.4% | 30.7% | 30.6% |
| Median year homes were built | 1980 | 1986 | 1980 |
| Vacant homes | 16.9% | 14.6% | 10.1% |
| Population | 12,922 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Calhoun County
At this week's average 30-year rate of 7.11%, buying the median Calhoun County home of $90,300 with 20% down costs about $573 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $724, 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 $24,568 for the 20%-down payment. That payment is 16% of the median Calhoun County household income of $43,125; at that income and 20% down, the 28% guideline points to a home of about $159,000.
The median rent here is $662 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,060 |
|---|---|
| Loan amount | $72,240 |
| Principal and interest | $486 |
| Property taxes (0.66% a year) | $50 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| PMI | $0 |
| Total per month | $573 |
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| Down payment | $3,160 |
|---|---|
| Loan amount | $88,664 |
| Principal and interest | $596 |
| Property taxes (0.66% a year) | $50 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| FHA mortgage insurance | $40 |
| Total per month | $724 |
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Questions about home buying in Calhoun County
What is the median home value in Calhoun County?
About $90,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Calhoun County?
Homeowners pay a median $600 a year, which is about 0.66% 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 Calhoun County?
For the median home with 20% down at 7.11%, the payment is about $573 a month. Keeping that under 28% of gross income takes about $24,568 a year.
More about Calhoun County
- Mortgage Refinance in Calhoun County
- Debt Relief in Calhoun County
- Home Equity Loans in Calhoun County
- 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