The typical owner-occupied home in Cruger is worth about $77,900, 54% below the Mississippi median of $169,800 and 77% below the national median of $332,700. The median household earns $32,478 a year, so the median home costs 2.4 times the median income (3.0 times for Mississippi). 59% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Cruger at a glance
| Cruger | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $77,900 | $169,800 | $332,700 |
| Median property tax paid per year | – | $1,215 | $3,119 |
| Median household income | $32,478 | $56,447 | $80,734 |
| Homes lived in by their owners | 59% | 70% | 65% |
| Owner homes with a mortgage | 31% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,516 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 19.8% | 21.0% |
| Median rent | $1,081 | $954 | $1,413 |
| Rent as a share of renters' income | 43.2% | 30.7% | 30.6% |
| Median year homes were built | 1977 | 1986 | 1980 |
| Vacant homes | 2.0% | 14.6% | 10.1% |
| Population | 368 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Cruger
At this week's average 30-year rate of 7.11%, buying the median Cruger home of $77,900 with 20% down costs about $523 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $653, 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 $22,419 for the 20%-down payment. That payment is 19% of the median Cruger household income of $32,478; at that income and 20% down, the 28% guideline points to a home of about $113,000.
The median rent here is $1,081 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,580 |
|---|---|
| Loan amount | $62,320 |
| Principal and interest | $419 |
| Property taxes (1.10% a year) | $71 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| PMI | $0 |
| Total per month | $523 |
Change the numbers in the calculator
| Down payment | $2,726 |
|---|---|
| Loan amount | $76,489 |
| Principal and interest | $515 |
| Property taxes (1.10% a year) | $71 |
| Homeowners insurance (our estimate, 0.5% a year) | $32 |
| FHA mortgage insurance | $34 |
| Total per month | $653 |
Change the numbers in the calculator
Questions about home buying in Cruger
What is the median home value in Cruger?
About $77,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Cruger?
For the median home with 20% down at 7.11%, the payment is about $523 a month. Keeping that under 28% of gross income takes about $22,419 a year.
More about Cruger
- Mortgage Refinance in Cruger
- Debt Relief in Cruger
- Home Equity Loans in Cruger
- 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