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Buying a home in Hazlehurst, Mississippi

The typical owner-occupied home in Hazlehurst is worth about $110,500, 35% below the Mississippi median of $169,800 and 67% below the national median of $332,700. Owners pay a median $963 a year in property taxes, about 0.87% of their home's value, higher than the Mississippi rate of 0.72%. The median household earns $43,552 a year, so the median home costs 2.5 times the median income (3.0 times for Mississippi). 60% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.

Hazlehurst at a glance

Hazlehurst Mississippi U.S.
Median home value $110,500 $169,800 $332,700
Median property tax paid per year $963 $1,215 $3,119
Property tax as a share of value 0.87% 0.72% 0.94%
Median household income $43,552 $56,447 $80,734
Homes lived in by their owners 60% 70% 65%
Owner homes with a mortgage 33% 49% 61%
Median monthly costs, owners with a mortgage $975 $1,394 $1,963
Those costs as a share of the owners' income 17.2% 19.8% 21.0%
Median rent $676 $954 $1,413
Rent as a share of renters' income 24.2% 30.7% 30.6%
Median year homes were built 1976 1986 1980
Vacant homes 23.3% 14.6% 10.1%
Population 3,520 2,946,779 334,922,499

What a typical home costs per month in Hazlehurst

At this week's average 30-year rate of 7.11%, buying the median Hazlehurst home of $110,500 with 20% down costs about $721 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $905, 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 $30,892 for the 20%-down payment. That payment is 20% of the median Hazlehurst household income of $43,552; at that income and 20% down, the 28% guideline points to a home of about $156,000.

The median rent here is $676 a month, so owning the median home costs about $45 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$22,100
Loan amount$88,400
Principal and interest$595
Property taxes (0.87% a year)$80
Homeowners insurance (our estimate, 0.5% a year)$46
PMI$0
Total per month$721

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3.5% down, 30-year FHA loan
Down payment$3,868
Loan amount$108,499
Principal and interest$730
Property taxes (0.87% a year)$80
Homeowners insurance (our estimate, 0.5% a year)$46
FHA mortgage insurance$49
Total per month$905

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Questions about home buying in Hazlehurst

What is the median home value in Hazlehurst?

About $110,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hazlehurst?

Homeowners pay a median $963 a year, which is about 0.87% 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 Hazlehurst?

For the median home with 20% down at 7.11%, the payment is about $721 a month. Keeping that under 28% of gross income takes about $30,892 a year.

More about Hazlehurst

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