Home / Home Buying by state / Mississippi / Rankin County / Puckett

Buying a home in Puckett, Mississippi

The typical owner-occupied home in Puckett is worth about $173,800, about the same as the Mississippi median of $169,800 and 48% below the national median of $332,700. The median household earns $69,286 a year, so the median home costs 2.5 times the median income (3.0 times for Mississippi). 61% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.

Puckett at a glance

Puckett Mississippi U.S.
Median home value $173,800 $169,800 $332,700
Median property tax paid per year – $1,215 $3,119
Median household income $69,286 $56,447 $80,734
Homes lived in by their owners 61% 70% 65%
Owner homes with a mortgage 51% 49% 61%
Median monthly costs, owners with a mortgage $1,625 $1,394 $1,963
Those costs as a share of the owners' income 19.2% 19.8% 21.0%
Median rent $1,215 $954 $1,413
Rent as a share of renters' income 24.4% 30.7% 30.6%
Median year homes were built 1978 1986 1980
Vacant homes 8.6% 14.6% 10.1%
Population 463 2,946,779 334,922,499

What a typical home costs per month in Puckett

At this week's average 30-year rate of 7.11%, buying the median Puckett home of $173,800 with 20% down costs about $1,167 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,457, 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 $50,017 for the 20%-down payment. That payment is 20% of the median Puckett household income of $69,286; at that income and 20% down, the 28% guideline points to a home of about $241,000.

The median rent here is $1,215 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$34,760
Loan amount$139,040
Principal and interest$935
Property taxes (1.10% a year)$159
Homeowners insurance (our estimate, 0.5% a year)$72
PMI$0
Total per month$1,167

Change the numbers in the calculator

3.5% down, 30-year FHA loan
Down payment$6,083
Loan amount$170,652
Principal and interest$1,148
Property taxes (1.10% a year)$159
Homeowners insurance (our estimate, 0.5% a year)$72
FHA mortgage insurance$77
Total per month$1,457

Change the numbers in the calculator

Questions about home buying in Puckett

What is the median home value in Puckett?

About $173,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Puckett?

For the median home with 20% down at 7.11%, the payment is about $1,167 a month. Keeping that under 28% of gross income takes about $50,017 a year.

More about Puckett

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