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Covington County Housing Market

Mississippi · 82 counties · Ranked #249 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$98,500

vs national$98,500 vs $281,900 national

Median Gross Rent

$639/mo

vs national$639 vs $1,163 national

Effective Tax Rate

0.69%

vs national0.69% vs 1.02% national

Median Household Income

$47,001

vs national$47,001 vs $74,755 national

Affordability Ratio

2.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$683

Tax as % of Home Value

0.69%

Monthly Owner Cost

$566

Renter Income

$33,893

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Frequently Asked Questions

What is the median home value in Covington County?

The median home value in Covington County is $98,500. This is below the national median of $281,900.

How much is rent in Covington County?

The median gross rent in Covington County is $639 per month.

What is the property tax rate in Covington County?

The effective property tax rate in Covington County is 0.69%. The median annual property tax bill is $683.

Is Covington County affordable?

With a home-value-to-income ratio of 2.1x, Covington County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.