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Buying a home in Greene County, Mississippi

The typical owner-occupied home in Greene County is worth about $92,700, 45% below the Mississippi median of $169,800 and 72% below the national median of $332,700. Owners pay a median $791 a year in property taxes, about 0.85% of their home's value, higher than the Mississippi rate of 0.72%. The median household earns $54,276 a year, so the median home costs 1.7 times the median income (3.0 times for Mississippi). 82% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.

Greene County at a glance

Greene County Mississippi U.S.
Median home value $92,700 $169,800 $332,700
Median property tax paid per year $791 $1,215 $3,119
Property tax as a share of value 0.85% 0.72% 0.94%
Median household income $54,276 $56,447 $80,734
Homes lived in by their owners 82% 70% 65%
Owner homes with a mortgage 33% 49% 61%
Median monthly costs, owners with a mortgage $1,126 $1,394 $1,963
Those costs as a share of the owners' income 20.5% 19.8% 21.0%
Median rent $802 $954 $1,413
Rent as a share of renters' income 33.7% 30.7% 30.6%
Median year homes were built 1987 1986 1980
Vacant homes 20.8% 14.6% 10.1%
Population 13,615 2,946,779 334,922,499

What a typical home costs per month in Greene County

At this week's average 30-year rate of 7.11%, buying the median Greene County home of $92,700 with 20% down costs about $603 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $758, 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 $25,850 for the 20%-down payment. That payment is 13% of the median Greene County household income of $54,276; at that income and 20% down, the 28% guideline points to a home of about $195,000.

The median rent here is $802 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$18,540
Loan amount$74,160
Principal and interest$499
Property taxes (0.85% a year)$66
Homeowners insurance (our estimate, 0.5% a year)$39
PMI$0
Total per month$603

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3.5% down, 30-year FHA loan
Down payment$3,244
Loan amount$91,021
Principal and interest$612
Property taxes (0.85% a year)$66
Homeowners insurance (our estimate, 0.5% a year)$39
FHA mortgage insurance$41
Total per month$758

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Questions about home buying in Greene County

What is the median home value in Greene County?

About $92,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Greene County?

Homeowners pay a median $791 a year, which is about 0.85% 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 Greene County?

For the median home with 20% down at 7.11%, the payment is about $603 a month. Keeping that under 28% of gross income takes about $25,850 a year.

More about Greene County

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