Total monthly cost of ownership
Cost to Own a Home in Belzoni, Mississippi
A $103,000 home here costs
$1,040per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $530. The real number is $511 higher every month — 96% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Belzoni against Humphreys County and Mississippi
| Measure | Belzoni | Humphreys County |
|---|---|---|
| Median home value | $103,400 | $88,800 |
| Median property tax | $1,427 | $980 |
| Effective tax rate | 1.380% | 1.104% |
| Median gross rent | $710 | $643 |
| Population | 1,664 | 7,570 |
The weather behind that power bill
Belzoni sits in Humphreys County, which averages a high of 91.0°F in its hottest month and a low of 36.1°F in its coldest, with 57.26" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,331 cooling and 2,515 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Humphreys County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Humphreys County
No other places of this size are published in Humphreys County.
Full Humphreys County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Belzoni?
A $103,000 home in Belzoni, Mississippi costs approximately $1,040 per month with 20% down at 6.66%. That is $530 principal and interest, $118 property tax, $93 homeowners insurance, $213 utilities and $86 set aside for maintenance.
What is the property tax rate in Belzoni?
Belzoni has an effective property tax rate of 1.380%, based on a median home value of $103,400 and median real estate taxes of $1,427. That is higher than the Humphreys County average of 1.104%.
What is the average home price in Belzoni?
The median owner-occupied home value in Belzoni, Mississippi is $103,400, against $88,800 across Humphreys County.
Is it cheaper to rent or buy in Belzoni?
Median gross rent in Belzoni is $710 a month, against $1,040 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Belzoni — 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.