Total monthly cost of ownership
Cost to Own a Home in Hayti, Missouri
A $74,000 home here costs
$786per 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 $33,500 a year.
A standard mortgage calculator would have told you $403. The real number is $382 higher every month, 95% more than the payment most buyers budget for.
Compare Pemiscot County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Hayti from a five-year rolling sample, and with about 2,145 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 Pemiscot 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.
Hayti against Pemiscot County and Missouri
| Measure | Hayti | Pemiscot County |
|---|---|---|
| Median home value | $73,500 | $95,900 |
| Median property tax | $639 | $970 |
| Effective tax rate | 0.869% | 1.011% |
| Median gross rent | $623 | $708 |
| Population | 2,145 | 15,232 |
The weather behind that power bill
Hayti sits in Pemiscot County, which averages a high of 90.1°F in its hottest month and a low of 29.6°F in its coldest, with 55.26" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,908 cooling and 3,595 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Pemiscot County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pemiscot County
Full Pemiscot County cost breakdown · Every county in Missouri
Talk to someone who works this market
These are Hayti 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 Hayti 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 Hayti?
A $74,000 home in Hayti, Missouri costs approximately $786 per month with 20% down at 7.24%. That is $403 principal and interest, $54 property tax, $39 homeowners insurance, $228 utilities and $62 set aside for maintenance.
What is the property tax rate in Hayti?
Hayti has an effective property tax rate of 0.869%, based on a median home value of $73,500 and median real estate taxes of $639. That is lower than the Pemiscot County average of 1.011%.
What is the average home price in Hayti?
The median owner-occupied home value in Hayti, Missouri is $73,500, against $95,900 across Pemiscot County.
Is it cheaper to rent or buy in Hayti?
Median gross rent in Hayti is $623 a month, against $786 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 Hayti?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Hayti, Missouri at today's rate takes a household income of roughly $33,500 a year. That covers the full $786 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hayti, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Missouri.
- 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.