Total monthly cost of ownership
Cost to Own a Home in Glendale, Mississippi
A $114,000 home here costs
$1,055per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $586. The real number is $468 higher every month — 80% 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.
Glendale against Forrest County and Mississippi
| Measure | Glendale | Forrest County |
|---|---|---|
| Median home value | $113,700 | $152,900 |
| Median property tax | $681 | $1,284 |
| Effective tax rate | 0.599% | 0.840% |
| Median gross rent | $863 | $960 |
| Population | 1,519 | 78,027 |
The weather behind that power bill
Glendale sits in Forrest County, which averages a high of 91.8°F in its hottest month and a low of 38.1°F in its coldest, with 58.91" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,479 cooling and 1,920 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Forrest County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Forrest County
Full Forrest County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Glendale?
A $114,000 home in Glendale, Mississippi costs approximately $1,055 per month with 20% down at 6.66%. That is $586 principal and interest, $57 property tax, $103 homeowners insurance, $213 utilities and $95 set aside for maintenance.
What is the property tax rate in Glendale?
Glendale has an effective property tax rate of 0.599%, based on a median home value of $113,700 and median real estate taxes of $681. That is lower than the Forrest County average of 0.840%.
What is the average home price in Glendale?
The median owner-occupied home value in Glendale, Mississippi is $113,700, against $152,900 across Forrest County.
Is it cheaper to rent or buy in Glendale?
Median gross rent in Glendale is $863 a month, against $1,055 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 Glendale — 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.