The typical owner-occupied home in Victoria is worth about $209,100, 23% above the Mississippi median of $169,800 and 37% below the national median of $332,700. Owners pay a median $1,182 a year in property taxes, about 0.57% of their home's value, lower than the Mississippi rate of 0.72%. The median household earns $70,143 a year, so the median home costs 3.0 times the median income (3.0 times for Mississippi). 78% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Victoria at a glance
| Victoria | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $209,100 | $169,800 | $332,700 |
| Median property tax paid per year | $1,182 | $1,215 | $3,119 |
| Property tax as a share of value | 0.57% | 0.72% | 0.94% |
| Median household income | $70,143 | $56,447 | $80,734 |
| Homes lived in by their owners | 78% | 70% | 65% |
| Owner homes with a mortgage | 63% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,477 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 20.3% | 19.8% | 21.0% |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1979 | 1986 | 1980 |
| Vacant homes | 10.0% | 14.6% | 10.1% |
| Population | 1,121 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Victoria
At this week's average 30-year rate of 7.11%, buying the median Victoria home of $209,100 with 20% down costs about $1,312 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,660, 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 $56,218 for the 20%-down payment. That payment is 22% of the median Victoria household income of $70,143; at that income and 20% down, the 28% guideline points to a home of about $261,000.
| Down payment | $41,820 |
|---|---|
| Loan amount | $167,280 |
| Principal and interest | $1,125 |
| Property taxes (0.57% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $87 |
| PMI | $0 |
| Total per month | $1,312 |
Change the numbers in the calculator
| Down payment | $7,318 |
|---|---|
| Loan amount | $205,313 |
| Principal and interest | $1,381 |
| Property taxes (0.57% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $87 |
| FHA mortgage insurance | $92 |
| Total per month | $1,660 |
Change the numbers in the calculator
Questions about home buying in Victoria
What is the median home value in Victoria?
About $209,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Victoria?
Homeowners pay a median $1,182 a year, which is about 0.57% 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 Victoria?
For the median home with 20% down at 7.11%, the payment is about $1,312 a month. Keeping that under 28% of gross income takes about $56,218 a year.
More about Victoria
- Mortgage Refinance in Victoria
- Debt Relief in Victoria
- Home Equity Loans in Victoria
- 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