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Hancock County Housing Market

Mississippi · 82 counties · Ranked #1974 in home value

Below National Avg

Housing at a Glance

Median Home Value

$206,600

vs national$206,600 vs $281,900 national

Median Gross Rent

$999/mo

vs national$999 vs $1,163 national

Effective Tax Rate

0.72%

vs national0.72% vs 1.02% national

Median Household Income

$67,728

vs national$67,728 vs $74,755 national

Affordability Ratio

3.1x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$1,485

Tax as % of Home Value

0.72%

Monthly Owner Cost

$873

Renter Income

$43,008

Frequently Asked Questions

What is the median home value in Hancock County?
The median home value in Hancock County is $206,600. This is below the national median of $281,900.
How much is rent in Hancock County?
The median gross rent in Hancock County is $999 per month.
What is the property tax rate in Hancock County?
The effective property tax rate in Hancock County is 0.72%. The median annual property tax bill is $1,485.
Is Hancock County affordable?
With a home-value-to-income ratio of 3.1x, Hancock County is moderately 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.