Total monthly cost of ownership
Cost to Own a Home in Bridgetown, Mississippi
A $321,000 home here costs
$2,669per 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 $114,500 a year.
A standard mortgage calculator would have told you $1,750. The real number is $919 higher every month, 53% more than the payment most buyers budget for.
Compare DeSoto County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Bridgetown from a five-year rolling sample, and with about 2,955 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 DeSoto 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.
Bridgetown against DeSoto County and Mississippi
| Measure | Bridgetown | DeSoto County |
|---|---|---|
| Median home value | $320,800 | $248,700 |
| Median property tax | $1,510 | $1,595 |
| Effective tax rate | 0.471% | 0.641% |
| Median gross rent | — | $1,341 |
| Population | 2,955 | 188,598 |
The weather behind that power bill
Bridgetown sits in DeSoto County, which averages a high of 90.3°F in its hottest month and a low of 30.2°F in its coldest, with 56.53" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,922 cooling and 3,288 heating degree days, which is what sets the $167 electricity line above.
See the full climate breakdown for DeSoto County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in DeSoto County
Full DeSoto County cost breakdown · Every county in Mississippi
Talk to someone who works this market
These are Bridgetown 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 Bridgetown every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Bridgetown I already own here and may sell
Common questions
How much does it cost to own a home in Bridgetown?
A $321,000 home in Bridgetown, Mississippi costs approximately $2,669 per month with 20% down at 7.24%. That is $1,750 principal and interest, $126 property tax, $291 homeowners insurance, $235 utilities and $268 set aside for maintenance.
What is the property tax rate in Bridgetown?
Bridgetown has an effective property tax rate of 0.471%, based on a median home value of $320,800 and median real estate taxes of $1,510. That is lower than the DeSoto County average of 0.641%.
What is the average home price in Bridgetown?
The median owner-occupied home value in Bridgetown, Mississippi is $320,800, against $248,700 across DeSoto County.
Is it cheaper to rent or buy in Bridgetown?
Rent data is not published for Bridgetown at this level of detail.
What salary do you need to buy a home in Bridgetown?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Bridgetown, Mississippi at today's rate takes a household income of roughly $114,500 a year. That covers the full $2,669 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bridgetown, 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.