The typical owner-occupied home in Greenville is worth about $103,800, 39% below the Mississippi median of $169,800 and 69% below the national median of $332,700. Owners pay a median $1,040 a year in property taxes, about 1.00% of their home's value, higher than the Mississippi rate of 0.72%. The median household earns $40,083 a year, so the median home costs 2.6 times the median income (3.0 times for Mississippi). 54% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Greenville at a glance
| Greenville | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $103,800 | $169,800 | $332,700 |
| Median property tax paid per year | $1,040 | $1,215 | $3,119 |
| Property tax as a share of value | 1.00% | 0.72% | 0.94% |
| Median household income | $40,083 | $56,447 | $80,734 |
| Homes lived in by their owners | 54% | 70% | 65% |
| Owner homes with a mortgage | 40% | 49% | 61% |
| Median monthly costs, owners with a mortgage | $1,195 | $1,394 | $1,963 |
| Those costs as a share of the owners' income | 23.5% | 19.8% | 21.0% |
| Median rent | $872 | $954 | $1,413 |
| Rent as a share of renters' income | 31.8% | 30.7% | 30.6% |
| Median year homes were built | 1970 | 1986 | 1980 |
| Vacant homes | 19.2% | 14.6% | 10.1% |
| Population | 28,166 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Greenville
At this week's average 30-year rate of 7.11%, buying the median Greenville home of $103,800 with 20% down costs about $688 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $861, 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 $29,502 for the 20%-down payment. That payment is 21% of the median Greenville household income of $40,083; at that income and 20% down, the 28% guideline points to a home of about $141,000.
The median rent here is $872 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $20,760 |
|---|---|
| Loan amount | $83,040 |
| Principal and interest | $559 |
| Property taxes (1.00% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| PMI | $0 |
| Total per month | $688 |
Change the numbers in the calculator
| Down payment | $3,633 |
|---|---|
| Loan amount | $101,920 |
| Principal and interest | $686 |
| Property taxes (1.00% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| FHA mortgage insurance | $46 |
| Total per month | $861 |
Change the numbers in the calculator
Questions about home buying in Greenville
What is the median home value in Greenville?
About $103,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Greenville?
Homeowners pay a median $1,040 a year, which is about 1.00% 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 Greenville?
For the median home with 20% down at 7.11%, the payment is about $688 a month. Keeping that under 28% of gross income takes about $29,502 a year.
More about Greenville
- Mortgage Refinance in Greenville
- Debt Relief in Greenville
- Home Equity Loans in Greenville
- 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