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Montgomery County Housing Market

Mississippi · 82 counties · Ranked #442 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$110,700

vs national$110,700 vs $281,900 national

Median Gross Rent

$682/mo

vs national$682 vs $1,163 national

Effective Tax Rate

0.90%

vs national0.90% vs 1.02% national

Median Household Income

$45,057

vs national$45,057 vs $74,755 national

Affordability Ratio

2.5x

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

Rent Burden

41.0%

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

More Housing Data

Property Tax (Median)

$992

Tax as % of Home Value

0.90%

Monthly Owner Cost

$735

Renter Income

$24,956

Frequently Asked Questions

What is the median home value in Montgomery County?
The median home value in Montgomery County is $110,700. This is below the national median of $281,900.
How much is rent in Montgomery County?
The median gross rent in Montgomery County is $682 per month.
What is the property tax rate in Montgomery County?
The effective property tax rate in Montgomery County is 0.90%. The median annual property tax bill is $992.
Is Montgomery County affordable?
With a home-value-to-income ratio of 2.5x, Montgomery 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.