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Buying a home in Doddsville, Mississippi

The typical owner-occupied home in Doddsville is worth about $131,400, 23% below the Mississippi median of $169,800 and 61% below the national median of $332,700. The median household earns $24,273 a year, so the median home costs 5.4 times the median income (3.0 times for Mississippi). 93% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.

Doddsville at a glance

Doddsville Mississippi U.S.
Median home value $131,400 $169,800 $332,700
Median property tax paid per year – $1,215 $3,119
Median household income $24,273 $56,447 $80,734
Homes lived in by their owners 93% 70% 65%
Owner homes with a mortgage 72% 49% 61%
Median monthly costs, owners with a mortgage – $1,394 $1,963
Median rent – $954 $1,413
Median year homes were built 2002 1986 1980
Vacant homes 0.0% 14.6% 10.1%
Population 260 2,946,779 334,922,499

What a typical home costs per month in Doddsville

At this week's average 30-year rate of 7.11%, buying the median Doddsville home of $131,400 with 20% down costs about $882 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,101, 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 $37,815 for the 20%-down payment. That payment is 44% of the median Doddsville household income of $24,273; at that income and 20% down, the 28% guideline points to a home of about $84,000.

20% down, 30-year conventional loan
Down payment$26,280
Loan amount$105,120
Principal and interest$707
Property taxes (1.10% a year)$120
Homeowners insurance (our estimate, 0.5% a year)$55
PMI$0
Total per month$882

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3.5% down, 30-year FHA loan
Down payment$4,599
Loan amount$129,020
Principal and interest$868
Property taxes (1.10% a year)$120
Homeowners insurance (our estimate, 0.5% a year)$55
FHA mortgage insurance$58
Total per month$1,101

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Questions about home buying in Doddsville

What is the median home value in Doddsville?

About $131,400 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 Doddsville?

For the median home with 20% down at 7.11%, the payment is about $882 a month. Keeping that under 28% of gross income takes about $37,815 a year.

More about Doddsville

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