Total monthly cost of ownership
Cost to Own a Home in Ecru, Mississippi
A $201,000 home here costs
$1,785per 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 $76,500 a year.
A standard mortgage calculator would have told you $1,096. The real number is $690 higher every month, 63% more than the payment most buyers budget for.
Compare Pontotoc County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Ecru from a five-year rolling sample, and with about 1,566 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 Pontotoc 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.
Ecru against Pontotoc County and Mississippi
| Measure | Ecru | Pontotoc County |
|---|---|---|
| Median home value | $200,900 | $141,700 |
| Median property tax | $1,262 | $935 |
| Effective tax rate | 0.628% | 0.660% |
| Median gross rent | $808 | $848 |
| Population | 1,566 | 31,312 |
The weather behind that power bill
Ecru sits in Pontotoc County, which averages a high of 89.5°F in its hottest month and a low of 31.4°F in its coldest, with 60.83" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,856 cooling and 3,066 heating degree days, which is what sets the $167 electricity line above.
See the full climate breakdown for Pontotoc County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pontotoc County
Full Pontotoc County cost breakdown · Every county in Mississippi
Talk to someone who works this market
These are Ecru 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 Ecru every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Ecru?
A $201,000 home in Ecru, Mississippi costs approximately $1,785 per month with 20% down at 7.24%. That is $1,096 principal and interest, $105 property tax, $182 homeowners insurance, $235 utilities and $168 set aside for maintenance.
What is the property tax rate in Ecru?
Ecru has an effective property tax rate of 0.628%, based on a median home value of $200,900 and median real estate taxes of $1,262. That is lower than the Pontotoc County average of 0.660%.
What is the average home price in Ecru?
The median owner-occupied home value in Ecru, Mississippi is $200,900, against $141,700 across Pontotoc County.
Is it cheaper to rent or buy in Ecru?
Median gross rent in Ecru is $808 a month, against $1,785 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 Ecru?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ecru, Mississippi at today's rate takes a household income of roughly $76,500 a year. That covers the full $1,785 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ecru, 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.