Total monthly cost of ownership
Cost to Own a Home in Long Beach, Mississippi
A $205,000 home here costs
$1,874per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $80,500 a year.
A standard mortgage calculator would have told you $1,136. The real number is $738 higher every month, 65% more than the payment most buyers budget for.
Compare Harrison County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Long Beach against Harrison County and Mississippi
| Measure | Long Beach | Harrison County |
|---|---|---|
| Median home value | $205,300 | $199,300 |
| Median property tax | $1,749 | $1,289 |
| Effective tax rate | 0.852% | 0.647% |
| Median gross rent | $1,209 | $1,074 |
| Population | 16,876 | 209,443 |
The weather behind that power bill
Long Beach sits in Harrison County, which averages a high of 90.7°F in its hottest month and a low of 42.4°F in its coldest, with 62.82" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 2,749 cooling and 1,507 heating degree days, which is what sets the $168 electricity line above.
See the full climate breakdown for Harrison County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Harrison County
Full Harrison County cost breakdown · Every county in Mississippi
Talk to someone who works this market
These are Long Beach 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 Long Beach every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Long Beach I already own here and may sell
Common questions
How much does it cost to own a home in Long Beach?
A $205,000 home in Long Beach, Mississippi costs approximately $1,874 per month with 20% down at 7.4%. That is $1,136 principal and interest, $146 property tax, $186 homeowners insurance, $236 utilities and $171 set aside for maintenance.
What is the property tax rate in Long Beach?
Long Beach has an effective property tax rate of 0.852%, based on a median home value of $205,300 and median real estate taxes of $1,749. That is higher than the Harrison County average of 0.647%.
What is the average home price in Long Beach?
The median owner-occupied home value in Long Beach, Mississippi is $205,300, against $199,300 across Harrison County.
Is it cheaper to rent or buy in Long Beach?
Median gross rent in Long Beach is $1,209 a month, against $1,874 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 Long Beach?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Long Beach, Mississippi at today's rate takes a household income of roughly $80,500 a year. That covers the full $1,874 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Long Beach, 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.