Total monthly cost of ownership
Cost to Own a Home in Maben, Mississippi
A $72,000 home here costs
$755per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $370. The real number is $385 higher every month — 104% 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.
Maben against Oktibbeha County and Mississippi
| Measure | Maben | Oktibbeha County |
|---|---|---|
| Median home value | $72,200 | $219,500 |
| Median property tax | — | $1,685 |
| Effective tax rate | 0.768% | 0.768% |
| Median gross rent | $533 | $873 |
| Population | 1,435 | 51,473 |
Maben extends across 2 counties. Figures here use Oktibbeha County, where most of its housing sits.
The weather behind that power bill
Maben sits in Oktibbeha County, which averages a high of 91.7°F in its hottest month and a low of 33.2°F in its coldest, with 57.98" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,207 cooling and 2,699 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Oktibbeha County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Oktibbeha County
Full Oktibbeha County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Maben?
A $72,000 home in Maben, Mississippi costs approximately $755 per month with 20% down at 6.66%. That is $370 principal and interest, $46 property tax, $65 homeowners insurance, $213 utilities and $60 set aside for maintenance.
What is the property tax rate in Maben?
Place-level tax data is not published for Maben, so the Oktibbeha County rate of 0.768% applies here.
What is the average home price in Maben?
The median owner-occupied home value in Maben, Mississippi is $72,200, against $219,500 across Oktibbeha County.
Is it cheaper to rent or buy in Maben?
Median gross rent in Maben is $533 a month, against $755 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 Maben — 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.