The typical owner-occupied home in Blue Mountain is worth about $79,700, 53% below the Mississippi median of $169,800 and 76% below the national median of $332,700. Owners pay a median $732 a year in property taxes, about 0.92% of their home's value, higher than the Mississippi rate of 0.72%. The median household earns $49,667 a year, so the median home costs 1.6 times the median income (3.0 times for Mississippi). 60% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Blue Mountain at a glance
| Blue Mountain | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $79,700 | $169,800 | $332,700 |
| Median property tax paid per year | $732 | $1,215 | $3,119 |
| Property tax as a share of value | 0.92% | 0.72% | 0.94% |
| Median household income | $49,667 | $56,447 | $80,734 |
| Homes lived in by their owners | 60% | 70% | 65% |
| Owner homes with a mortgage | 66% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,125 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 14.3% | 19.8% | 21.0% |
| Median rent | $718 | $954 | $1,413 |
| Rent as a share of renters' income | 28.3% | 30.7% | 30.6% |
| Median year homes were built | 1977 | 1986 | 1980 |
| Vacant homes | 20.4% | 14.6% | 10.1% |
| Population | 1,232 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Blue Mountain
At this week's average 30-year rate of 7.11%, buying the median Blue Mountain home of $79,700 with 20% down costs about $523 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $656, 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 $22,424 for the 20%-down payment. That payment is 13% of the median Blue Mountain household income of $49,667; at that income and 20% down, the 28% guideline points to a home of about $177,000.
The median rent here is $718 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,940 |
|---|---|
| Loan amount | $63,760 |
| Principal and interest | $429 |
| Property taxes (0.92% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| PMI | $0 |
| Total per month | $523 |
Change the numbers in the calculator
| Down payment | $2,790 |
|---|---|
| Loan amount | $78,256 |
| Principal and interest | $526 |
| Property taxes (0.92% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| FHA mortgage insurance | $35 |
| Total per month | $656 |
Change the numbers in the calculator
Questions about home buying in Blue Mountain
What is the median home value in Blue Mountain?
About $79,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Blue Mountain?
Homeowners pay a median $732 a year, which is about 0.92% 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 Blue Mountain?
For the median home with 20% down at 7.11%, the payment is about $523 a month. Keeping that under 28% of gross income takes about $22,424 a year.
More about Blue Mountain
- Mortgage Refinance in Blue Mountain
- Debt Relief in Blue Mountain
- Home Equity Loans in Blue Mountain
- 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