The typical home in Natchez, MS is worth about $160,000.
With 20% down that's a loan near $128,000 — the calculator
is pre-filled with that figure. One of the oldest cities on the Mississippi River, Natchez built its wealth on antebellum cotton plantations, and dozens of surviving mansions now support a heritage-tourism economy that has replaced most of the industry that once anchored the town.
$831.06 / month
Total interest
$171,178
Total paid
$299,178
Payoff
30.0 years
How much you need to earn
Natchez, MS's median household income is about
$40,000 a year. Under standard 28/36
lending rules that supports a home price around
$126,979 with 20% down —
below the $160,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Natchez, MS is about $800 a month, so owning the median home costs roughly
$348 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Natchez, MS?
On the metro's roughly $160,000 typical home with 20% down, the loan is about $128,000. Principal and interest run near $831 a month at today's rate, and Natchez, MS's property tax plus insurance add about $317, for a full payment near $1,148.
Can I afford a home in Natchez, MS on the median income?
The median household income is about $40,000 a year. Under standard 28/36 lending rules that supports a home price around $126,979 with 20% down — below the $160,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Natchez, MS?
Typical asking rent is about $800 a month. The full owner payment on a median home is near $1,148, so owning costs roughly $348 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Natchez, MS?
The effective property tax rate in the core county is about 0.75% of market value — roughly $1,200 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Natchez, MS rising or falling?
Home values are roughly flat over the past year. One of the oldest cities on the Mississippi River, Natchez built its wealth on antebellum cotton plantations, and dozens of surviving mansions now support a heritage-tourism economy that has replaced most of the industry that once anchored the town.