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Buying a home in Como, Mississippi

The typical owner-occupied home in Como is worth about $180,600, 6% above the Mississippi median of $169,800 and 46% below the national median of $332,700. Owners pay a median $1,142 a year in property taxes, about 0.63% of their home's value, lower than the Mississippi rate of 0.72%. The median household earns $21,404 a year, so the median home costs 8.4 times the median income (3.0 times for Mississippi). 37% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.

Como at a glance

Como Mississippi U.S.
Median home value $180,600 $169,800 $332,700
Median property tax paid per year $1,142 $1,215 $3,119
Property tax as a share of value 0.63% 0.72% 0.94%
Median household income $21,404 $56,447 $80,734
Homes lived in by their owners 37% 70% 65%
Owner homes with a mortgage 41% 49% 61%
Median monthly costs, owners with a mortgage $935 $1,394 $1,963
Those costs as a share of the owners' income 51.0% 19.8% 21.0%
Median rent – $954 $1,413
Rent as a share of renters' income 28.9% 30.7% 30.6%
Median year homes were built 1974 1986 1980
Vacant homes 15.1% 14.6% 10.1%
Population 1,258 2,946,779 334,922,499

What a typical home costs per month in Como

At this week's average 30-year rate of 7.11%, buying the median Como home of $180,600 with 20% down costs about $1,142 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,443, 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 $48,943 for the 20%-down payment. That payment is 64% of the median Como household income of $21,404; at that income and 20% down, the 28% guideline points to a home of about $79,000.

20% down, 30-year conventional loan
Down payment$36,120
Loan amount$144,480
Principal and interest$972
Property taxes (0.63% a year)$95
Homeowners insurance (our estimate, 0.5% a year)$75
PMI$0
Total per month$1,142

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3.5% down, 30-year FHA loan
Down payment$6,321
Loan amount$177,329
Principal and interest$1,193
Property taxes (0.63% a year)$95
Homeowners insurance (our estimate, 0.5% a year)$75
FHA mortgage insurance$80
Total per month$1,443

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Questions about home buying in Como

What is the median home value in Como?

About $180,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Como?

Homeowners pay a median $1,142 a year, which is about 0.63% 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 Como?

For the median home with 20% down at 7.11%, the payment is about $1,142 a month. Keeping that under 28% of gross income takes about $48,943 a year.

More about Como

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