Total monthly cost of ownership
Cost to Own a Home in Beechwood, Mississippi
A $239,000 home here costs
$2,074per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $89,000 a year.
A standard mortgage calculator would have told you $1,303. The real number is $771 higher every month, 59% more than the payment most buyers budget for.
Compare Warren County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Beechwood from a five-year rolling sample, and with about 3,708 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Warren County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Beechwood against Warren County and Mississippi
| Measure | Beechwood | Warren County |
|---|---|---|
| Median home value | $239,400 | $144,400 |
| Median property tax | $1,446 | $1,234 |
| Effective tax rate | 0.604% | 0.855% |
| Median gross rent | $902 | $889 |
| Population | 3,708 | 43,623 |
The weather behind that power bill
Beechwood sits in Warren County, which averages a high of 92.1°F in its hottest month and a low of 38.4°F in its coldest, with 61.69" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,586 cooling and 2,078 heating degree days, which is what sets the $167 electricity line above.
See the full climate breakdown for Warren County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Warren County
Full Warren County cost breakdown · Every county in Mississippi
Talk to someone who works this market
These are Beechwood averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Beechwood every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Beechwood I already own here and may sell
Common questions
How much does it cost to own a home in Beechwood?
A $239,000 home in Beechwood, Mississippi costs approximately $2,074 per month with 20% down at 7.24%. That is $1,303 principal and interest, $120 property tax, $216 homeowners insurance, $235 utilities and $199 set aside for maintenance.
What is the property tax rate in Beechwood?
Beechwood has an effective property tax rate of 0.604%, based on a median home value of $239,400 and median real estate taxes of $1,446. That is lower than the Warren County average of 0.855%.
What is the average home price in Beechwood?
The median owner-occupied home value in Beechwood, Mississippi is $239,400, against $144,400 across Warren County.
Is it cheaper to rent or buy in Beechwood?
Median gross rent in Beechwood is $902 a month, against $2,074 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Beechwood?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Beechwood, Mississippi at today's rate takes a household income of roughly $89,000 a year. That covers the full $2,074 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Beechwood, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Mississippi.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.