The typical owner-occupied home in Pearl is worth about $182,500, 7% above the Mississippi median of $169,800 and 45% below the national median of $332,700. Owners pay a median $1,209 a year in property taxes, about 0.66% of their home's value, lower than the Mississippi rate of 0.72%. The median household earns $61,695 a year, so the median home costs 3.0 times the median income (3.0 times for Mississippi). 62% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Pearl at a glance
| Pearl | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $182,500 | $169,800 | $332,700 |
| Median property tax paid per year | $1,209 | $1,215 | $3,119 |
| Property tax as a share of value | 0.66% | 0.72% | 0.94% |
| Median household income | $61,695 | $56,447 | $80,734 |
| Homes lived in by their owners | 62% | 70% | 65% |
| Owner homes with a mortgage | 63% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,312 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 16.8% | 19.8% | 21.0% |
| Median rent | $1,175 | $954 | $1,413 |
| Rent as a share of renters' income | 33.3% | 30.7% | 30.6% |
| Median year homes were built | 1982 | 1986 | 1980 |
| Vacant homes | 6.7% | 14.6% | 10.1% |
| Population | 27,737 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Pearl
At this week's average 30-year rate of 7.11%, buying the median Pearl home of $182,500 with 20% down costs about $1,159 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,463, 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 $49,653 for the 20%-down payment. That payment is 23% of the median Pearl household income of $61,695; at that income and 20% down, the 28% guideline points to a home of about $227,000.
The median rent here is $1,175 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $36,500 |
|---|---|
| Loan amount | $146,000 |
| Principal and interest | $982 |
| Property taxes (0.66% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| PMI | $0 |
| Total per month | $1,159 |
Change the numbers in the calculator
| Down payment | $6,388 |
|---|---|
| Loan amount | $179,194 |
| Principal and interest | $1,205 |
| Property taxes (0.66% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| FHA mortgage insurance | $81 |
| Total per month | $1,463 |
Change the numbers in the calculator
Questions about home buying in Pearl
What is the median home value in Pearl?
About $182,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pearl?
Homeowners pay a median $1,209 a year, which is about 0.66% 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 Pearl?
For the median home with 20% down at 7.11%, the payment is about $1,159 a month. Keeping that under 28% of gross income takes about $49,653 a year.
More about Pearl
- Mortgage Refinance in Pearl
- Debt Relief in Pearl
- Home Equity Loans in Pearl
- 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