The typical owner-occupied home in Bude is worth about $81,900, 52% below the Mississippi median of $169,800 and 75% below the national median of $332,700. Owners pay a median $605 a year in property taxes, about 0.74% of their home's value, close to the Mississippi rate of 0.72%. The median household earns $25,484 a year, so the median home costs 3.2 times the median income (3.0 times for Mississippi). 58% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Bude at a glance
| Bude | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $81,900 | $169,800 | $332,700 |
| Median property tax paid per year | $605 | $1,215 | $3,119 |
| Property tax as a share of value | 0.74% | 0.72% | 0.94% |
| Median household income | $25,484 | $56,447 | $80,734 |
| Homes lived in by their owners | 58% | 70% | 65% |
| Owner homes with a mortgage | 40% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $898 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 19.7% | 19.8% | 21.0% |
| Median rent | – | $954 | $1,413 |
| Rent as a share of renters' income | 29.0% | 30.7% | 30.6% |
| Median year homes were built | 1975 | 1986 | 1980 |
| Vacant homes | 35.5% | 14.6% | 10.1% |
| Population | 947 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Bude
At this week's average 30-year rate of 7.11%, buying the median Bude home of $81,900 with 20% down costs about $525 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $662, 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 $22,517 for the 20%-down payment. That payment is 25% of the median Bude household income of $25,484; at that income and 20% down, the 28% guideline points to a home of about $93,000.
| Down payment | $16,380 |
|---|---|
| Loan amount | $65,520 |
| Principal and interest | $441 |
| Property taxes (0.74% a year) | $51 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| PMI | $0 |
| Total per month | $525 |
Change the numbers in the calculator
| Down payment | $2,866 |
|---|---|
| Loan amount | $80,417 |
| Principal and interest | $541 |
| Property taxes (0.74% a year) | $51 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| FHA mortgage insurance | $36 |
| Total per month | $662 |
Change the numbers in the calculator
Questions about home buying in Bude
What is the median home value in Bude?
About $81,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bude?
Homeowners pay a median $605 a year, which is about 0.74% 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 Bude?
For the median home with 20% down at 7.11%, the payment is about $525 a month. Keeping that under 28% of gross income takes about $22,517 a year.
More about Bude
- Mortgage Refinance in Bude
- Debt Relief in Bude
- Home Equity Loans in Bude
- 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