The typical owner-occupied home in Bentonia is worth about $84,400, 50% below the Mississippi median of $169,800 and 75% below the national median of $332,700. 35% of occupied homes here are lived in by their owners, and 20% of those owners still have a mortgage.
Bentonia at a glance
| Bentonia | Mississippi | U.S. | |
|---|---|---|---|
| Median home value | $84,400 | $169,800 | $332,700 |
| Median property tax paid per year | – | $1,215 | $3,119 |
| Median household income | – | $56,447 | $80,734 |
| Homes lived in by their owners | 35% | 70% | 65% |
| Owner homes with a mortgage | 20% | 49% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,394 | $1,963 |
| Median rent | $284 | $954 | $1,413 |
| Rent as a share of renters' income | 29.5% | 30.7% | 30.6% |
| Median year homes were built | 1972 | 1986 | 1980 |
| Vacant homes | 18.2% | 14.6% | 10.1% |
| Population | 210 | 2,946,779 | 334,922,499 |
What a typical home costs per month in Bentonia
At this week's average 30-year rate of 7.11%, buying the median Bentonia home of $84,400 with 20% down costs about $567 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $707, 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 $24,289 for the 20%-down payment.
The median rent here is $284 a month, so owning the median home costs about $283 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $16,880 |
|---|---|
| Loan amount | $67,520 |
| Principal and interest | $454 |
| Property taxes (1.10% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| PMI | $0 |
| Total per month | $567 |
Change the numbers in the calculator
| Down payment | $2,954 |
|---|---|
| Loan amount | $82,871 |
| Principal and interest | $557 |
| Property taxes (1.10% a year) | $77 |
| Homeowners insurance (our estimate, 0.5% a year) | $35 |
| FHA mortgage insurance | $37 |
| Total per month | $707 |
Change the numbers in the calculator
Questions about home buying in Bentonia
What is the median home value in Bentonia?
About $84,400 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 Bentonia?
For the median home with 20% down at 7.11%, the payment is about $567 a month. Keeping that under 28% of gross income takes about $24,289 a year.
More about Bentonia
- Mortgage Refinance in Bentonia
- Debt Relief in Bentonia
- Home Equity Loans in Bentonia
- 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