The typical owner-occupied home in Long Beach is worth about $215,200, 27% above the Mississippi median of $169,800 and 35% below the national median of $332,700. Owners pay a median $1,963 a year in property taxes, about 0.91% of their home's value, higher than the Mississippi rate of 0.72%. The median household earns $70,332 a year, so the median home costs 3.1 times the median income (3.0 times for Mississippi). 66% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Long Beach at a glance
| Long Beach | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $215,200 | $169,800 | $332,700 |
| Median property tax paid per year | $1,963 | $1,215 | $3,119 |
| Property tax as a share of value | 0.91% | 0.72% | 0.94% |
| Median household income | $70,332 | $56,447 | $80,734 |
| Homes lived in by their owners | 66% | 70% | 65% |
| Owner homes with a mortgage | 58% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,605 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 19.8% | 21.0% |
| Median rent | $1,215 | $954 | $1,413 |
| Rent as a share of renters' income | 28.9% | 30.7% | 30.6% |
| Median year homes were built | 1986 | 1986 | 1980 |
| Vacant homes | 10.3% | 14.6% | 10.1% |
| Population | 17,009 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Long Beach
At this week's average 30-year rate of 7.11%, buying the median Long Beach home of $215,200 with 20% down costs about $1,411 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,769, 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 $60,471 for the 20%-down payment. That payment is 24% of the median Long Beach household income of $70,332; at that income and 20% down, the 28% guideline points to a home of about $250,000.
The median rent here is $1,215 a month, so owning the median home costs about $196 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $43,040 |
|---|---|
| Loan amount | $172,160 |
| Principal and interest | $1,158 |
| Property taxes (0.91% a year) | $163 |
| Homeowners insurance (our estimate, 0.5% a year) | $90 |
| PMI | $0 |
| Total per month | $1,411 |
Change the numbers in the calculator
| Down payment | $7,532 |
|---|---|
| Loan amount | $211,302 |
| Principal and interest | $1,421 |
| Property taxes (0.91% a year) | $163 |
| Homeowners insurance (our estimate, 0.5% a year) | $90 |
| FHA mortgage insurance | $95 |
| Total per month | $1,769 |
Change the numbers in the calculator
Questions about home buying in Long Beach
What is the median home value in Long Beach?
About $215,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Long Beach?
Homeowners pay a median $1,963 a year, which is about 0.91% 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 Long Beach?
For the median home with 20% down at 7.11%, the payment is about $1,411 a month. Keeping that under 28% of gross income takes about $60,471 a year.
More about Long Beach
- Mortgage Refinance in Long Beach
- Debt Relief in Long Beach
- Home Equity Loans in Long Beach
- 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