The typical owner-occupied home in Mize is worth about $148,100, 13% below the Mississippi median of $169,800 and 55% below the national median of $332,700. Owners pay a median $1,042 a year in property taxes, about 0.70% of their home's value, close to the Mississippi rate of 0.72%. The median household earns $67,500 a year, so the median home costs 2.2 times the median income (3.0 times for Mississippi). 91% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Mize at a glance
| Mize | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $148,100 | $169,800 | $332,700 |
| Median property tax paid per year | $1,042 | $1,215 | $3,119 |
| Property tax as a share of value | 0.70% | 0.72% | 0.94% |
| Median household income | $67,500 | $56,447 | $80,734 |
| Homes lived in by their owners | 91% | 70% | 65% |
| Owner homes with a mortgage | 39% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,304 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 22.4% | 19.8% | 21.0% |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1977 | 1986 | 1980 |
| Vacant homes | 21.5% | 14.6% | 10.1% |
| Population | 248 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Mize
At this week's average 30-year rate of 7.11%, buying the median Mize home of $148,100 with 20% down costs about $945 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,192, 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 $40,505 for the 20%-down payment. That payment is 17% of the median Mize household income of $67,500; at that income and 20% down, the 28% guideline points to a home of about $247,000.
| Down payment | $29,620 |
|---|---|
| Loan amount | $118,480 |
| Principal and interest | $797 |
| Property taxes (0.70% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $62 |
| PMI | $0 |
| Total per month | $945 |
Change the numbers in the calculator
| Down payment | $5,184 |
|---|---|
| Loan amount | $145,418 |
| Principal and interest | $978 |
| Property taxes (0.70% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $62 |
| FHA mortgage insurance | $66 |
| Total per month | $1,192 |
Change the numbers in the calculator
Questions about home buying in Mize
What is the median home value in Mize?
About $148,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mize?
Homeowners pay a median $1,042 a year, which is about 0.70% 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 Mize?
For the median home with 20% down at 7.11%, the payment is about $945 a month. Keeping that under 28% of gross income takes about $40,505 a year.
More about Mize
- Mortgage Refinance in Mize
- Debt Relief in Mize
- Home Equity Loans in Mize
- 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