Cost to Own
United StatesMississippiNewton CountyConehatta Population 1,110 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Conehatta, Mississippi

A $119,000 home here costs

$1,076

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $612. The real number is $464 higher every month — 76% more than the payment most buyers budget for.

Conehatta median: $119,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $95,200 borrowed $612
Property tax0.446% effective rate for Conehatta itself $44
Homeowners insuranceMississippi averages $1,766/yr (NAIC), or 1.087% of home value $108
Electricity16.16¢/kWh — Mississippi residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $99
Total monthly $1,076

Conehatta against Newton County and Mississippi

MeasureConehattaNewton County
Median home value$119,000$102,700
Median property tax$531$821
Effective tax rate0.446%0.799%
Median gross rent$722
Population1,11021,151

The weather behind that power bill

Conehatta sits in Newton County, which averages a high of 89.7°F in its hottest month and a low of 34.3°F in its coldest, with 58.22" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,910 cooling and 2,532 heating degree days, which is what sets the $145 electricity line above.

See the full climate breakdown for Newton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Newton County

Full Newton County cost breakdown · Every county in Mississippi

Common questions

How much does it cost to own a home in Conehatta?

A $119,000 home in Conehatta, Mississippi costs approximately $1,076 per month with 20% down at 6.66%. That is $612 principal and interest, $44 property tax, $108 homeowners insurance, $213 utilities and $99 set aside for maintenance.

What is the property tax rate in Conehatta?

Conehatta has an effective property tax rate of 0.446%, based on a median home value of $119,000 and median real estate taxes of $531. That is lower than the Newton County average of 0.799%.

What is the average home price in Conehatta?

The median owner-occupied home value in Conehatta, Mississippi is $119,000, against $102,700 across Newton County.

Is it cheaper to rent or buy in Conehatta?

Rent data is not published for Conehatta at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Conehatta — 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.

Full methodology