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DeSoto County Housing Market

Mississippi · 82 counties · Ranked #2356 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$248,700

vs national$248,700 vs $281,900 national

Median Gross Rent

$1,341/mo

vs national+$1,341 vs $1,163 national

Effective Tax Rate

0.64%

vs national0.64% vs 1.02% national

Median Household Income

$82,980

vs national+$82,980 vs $74,755 national

Affordability Ratio

3x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$1,595

Tax as % of Home Value

0.64%

Monthly Owner Cost

$1,272

Renter Income

$53,614

Frequently Asked Questions

What is the median home value in DeSoto County?
The median home value in DeSoto County is $248,700. This is below the national median of $281,900.
How much is rent in DeSoto County?
The median gross rent in DeSoto County is $1,341 per month.
What is the property tax rate in DeSoto County?
The effective property tax rate in DeSoto County is 0.64%. The median annual property tax bill is $1,595.
Is DeSoto County affordable?
With a home-value-to-income ratio of 3x, DeSoto 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.