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Buying a home in Hurley, Mississippi

The typical owner-occupied home in Hurley is worth about $282,700, 66% above the Mississippi median of $169,800 and 15% below the national median of $332,700. Owners pay a median $2,563 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 $133,216 a year, so the median home costs 2.1 times the median income (3.0 times for Mississippi). 92% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.

Hurley at a glance

Hurley Mississippi U.S.
Median home value $282,700 $169,800 $332,700
Median property tax paid per year $2,563 $1,215 $3,119
Property tax as a share of value 0.91% 0.72% 0.94%
Median household income $133,216 $56,447 $80,734
Homes lived in by their owners 92% 70% 65%
Owner homes with a mortgage 59% 49% 61%
Median monthly costs, owners with a mortgage $2,126 $1,394 $1,963
Those costs as a share of the owners' income 10.1% 19.8% 21.0%
Median rent – $954 $1,413
Median year homes were built 2004 1986 1980
Vacant homes 6.7% 14.6% 10.1%
Population 1,305 2,946,779 334,922,499

What a typical home costs per month in Hurley

At this week's average 30-year rate of 7.11%, buying the median Hurley home of $282,700 with 20% down costs about $1,854 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,325, 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 $79,438 for the 20%-down payment. That payment is 17% of the median Hurley household income of $133,216; at that income and 20% down, the 28% guideline points to a home of about $474,000.

20% down, 30-year conventional loan
Down payment$56,540
Loan amount$226,160
Principal and interest$1,521
Property taxes (0.91% a year)$214
Homeowners insurance (our estimate, 0.5% a year)$118
PMI$0
Total per month$1,854

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3.5% down, 30-year FHA loan
Down payment$9,894
Loan amount$277,580
Principal and interest$1,867
Property taxes (0.91% a year)$214
Homeowners insurance (our estimate, 0.5% a year)$118
FHA mortgage insurance$125
Total per month$2,325

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Questions about home buying in Hurley

What is the median home value in Hurley?

About $282,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hurley?

Homeowners pay a median $2,563 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 Hurley?

For the median home with 20% down at 7.11%, the payment is about $1,854 a month. Keeping that under 28% of gross income takes about $79,438 a year.

More about Hurley

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