Home/Mississippi/Smith County

Smith County Housing Market

Mississippi · 82 counties · Ranked #503 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$114,000

vs national$114,000 vs $281,900 national

Median Gross Rent

$664/mo

vs national$664 vs $1,163 national

Effective Tax Rate

0.46%

vs national0.46% vs 1.02% national

Median Household Income

$51,396

vs national$51,396 vs $74,755 national

Affordability Ratio

2.2x

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

Rent Burden

24.0%

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

More Housing Data

Property Tax (Median)

$521

Tax as % of Home Value

0.46%

Monthly Owner Cost

$532

Renter Income

$26,005

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$78+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Smith County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Smith County?

The median home value in Smith County is $114,000. This is below the national median of $281,900.

How much is rent in Smith County?

The median gross rent in Smith County is $664 per month.

What is the property tax rate in Smith County?

The effective property tax rate in Smith County is 0.46%. The median annual property tax bill is $521.

Is Smith County affordable?

With a home-value-to-income ratio of 2.2x, Smith 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.