The typical owner-occupied home in Perry County is worth about $124,000, 27% below the Mississippi median of $169,800 and 63% below the national median of $332,700. Owners pay a median $763 a year in property taxes, about 0.62% of their home's value, lower than the Mississippi rate of 0.72%. The median household earns $49,634 a year, so the median home costs 2.5 times the median income (3.0 times for Mississippi). 82% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Perry County at a glance
| Perry County | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $124,000 | $169,800 | $332,700 |
| Median property tax paid per year | $763 | $1,215 | $3,119 |
| Property tax as a share of value | 0.62% | 0.72% | 0.94% |
| Median household income | $49,634 | $56,447 | $80,734 |
| Homes lived in by their owners | 82% | 70% | 65% |
| Owner homes with a mortgage | 35% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,382 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 26.1% | 19.8% | 21.0% |
| Median rent | $755 | $954 | $1,413 |
| Rent as a share of renters' income | 34.8% | 30.7% | 30.6% |
| Median year homes were built | 1993 | 1986 | 1980 |
| Vacant homes | 15.5% | 14.6% | 10.1% |
| Population | 11,449 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Perry County
At this week's average 30-year rate of 7.11%, buying the median Perry County home of $124,000 with 20% down costs about $783 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $990, 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 $33,559 for the 20%-down payment. That payment is 19% of the median Perry County household income of $49,634; at that income and 20% down, the 28% guideline points to a home of about $183,000.
The median rent here is $755 a month, so owning the median home costs about $28 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $24,800 |
|---|---|
| Loan amount | $99,200 |
| Principal and interest | $667 |
| Property taxes (0.62% a year) | $64 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| PMI | $0 |
| Total per month | $783 |
Change the numbers in the calculator
| Down payment | $4,340 |
|---|---|
| Loan amount | $121,754 |
| Principal and interest | $819 |
| Property taxes (0.62% a year) | $64 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| FHA mortgage insurance | $55 |
| Total per month | $990 |
Change the numbers in the calculator
Questions about home buying in Perry County
What is the median home value in Perry County?
About $124,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Perry County?
Homeowners pay a median $763 a year, which is about 0.62% 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 Perry County?
For the median home with 20% down at 7.11%, the payment is about $783 a month. Keeping that under 28% of gross income takes about $33,559 a year.
More about Perry County
- Mortgage Refinance in Perry County
- Debt Relief in Perry County
- Home Equity Loans in Perry County
- 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