Cost to Own
United StatesMississippiPearl River CountyHide-A-Way Lake Population 2,615 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Hide-A-Way Lake, Mississippi

A $196,000 home here costs

$1,664

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

A standard mortgage calculator would have told you $1,008. The real number is $657 higher every month — 65% more than the payment most buyers budget for.

Hide-A-Way Lake median: $195,500
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, $156,800 borrowed $1,008
Property tax0.628% effective rate for Hide-A-Way Lake itself $103
Homeowners insuranceMississippi averages $1,766/yr (NAIC), or 1.087% of home value $178
Electricity16.16¢/kWh — Mississippi residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $163
Total monthly $1,664

Hide-A-Way Lake against Pearl River County and Mississippi

MeasureHide-A-Way LakePearl River County
Median home value$195,500$174,500
Median property tax$1,228$1,181
Effective tax rate0.628%0.677%
Median gross rent$887
Population2,61556,781

The weather behind that power bill

Hide-A-Way Lake sits in Pearl River County, which averages a high of 91.0°F in its hottest month and a low of 38.6°F in its coldest, with 64.98" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,320 cooling and 1,931 heating degree days, which is what sets the $145 electricity line above.

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

Other cities in Pearl River County

Full Pearl River County cost breakdown · Every county in Mississippi

Common questions

How much does it cost to own a home in Hide-A-Way Lake?

A $196,000 home in Hide-A-Way Lake, Mississippi costs approximately $1,664 per month with 20% down at 6.66%. That is $1,008 principal and interest, $103 property tax, $178 homeowners insurance, $213 utilities and $163 set aside for maintenance.

What is the property tax rate in Hide-A-Way Lake?

Hide-A-Way Lake has an effective property tax rate of 0.628%, based on a median home value of $195,500 and median real estate taxes of $1,228. That is lower than the Pearl River County average of 0.677%.

What is the average home price in Hide-A-Way Lake?

The median owner-occupied home value in Hide-A-Way Lake, Mississippi is $195,500, against $174,500 across Pearl River County.

Is it cheaper to rent or buy in Hide-A-Way Lake?

Rent data is not published for Hide-A-Way Lake at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Hide-A-Way Lake — 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