The typical owner-occupied home in Mayersville is worth about $104,700, 38% below the Mississippi median of $169,800 and 69% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.19% of their home's value, lower than the Mississippi rate of 0.72%. The median household earns $15,179 a year, so the median home costs 6.9 times the median income (3.0 times for Mississippi). 54% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Mayersville at a glance
| Mayersville | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $104,700 | $169,800 | $332,700 |
| Median property tax paid per year | $199 | $1,215 | $3,119 |
| Property tax as a share of value | 0.19% | 0.72% | 0.94% |
| Median household income | $15,179 | $56,447 | $80,734 |
| Homes lived in by their owners | 54% | 70% | 65% |
| Owner homes with a mortgage | 0% | 49% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,394 | $1,963 |
| Median rent | $238 | $954 | $1,413 |
| Rent as a share of renters' income | 22.7% | 30.7% | 30.6% |
| Median year homes were built | 1982 | 1986 | 1980 |
| Vacant homes | 19.9% | 14.6% | 10.1% |
| Population | 196 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Mayersville
At this week's average 30-year rate of 7.11%, buying the median Mayersville home of $104,700 with 20% down costs about $624 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $798, 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 $26,728 for the 20%-down payment. That payment is 49% of the median Mayersville household income of $15,179; at that income and 20% down, the 28% guideline points to a home of about $59,000.
The median rent here is $238 a month, so owning the median home costs about $386 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,940 |
|---|---|
| Loan amount | $83,760 |
| Principal and interest | $563 |
| Property taxes (0.19% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| PMI | $0 |
| Total per month | $624 |
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| Down payment | $3,664 |
|---|---|
| Loan amount | $102,804 |
| Principal and interest | $692 |
| Property taxes (0.19% a year) | $17 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| FHA mortgage insurance | $46 |
| Total per month | $798 |
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Questions about home buying in Mayersville
What is the median home value in Mayersville?
About $104,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mayersville?
Homeowners pay a median $199 a year, which is about 0.19% 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 Mayersville?
For the median home with 20% down at 7.11%, the payment is about $624 a month. Keeping that under 28% of gross income takes about $26,728 a year.
More about Mayersville
- Mortgage Refinance in Mayersville
- Debt Relief in Mayersville
- Home Equity Loans in Mayersville
- 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