Cost to Own
United StatesMississippiPike CountyMcComb Population 12,202 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in McComb, Mississippi

A $102,000 home here costs

$1,019

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

A standard mortgage calculator would have told you $524. The real number is $495 higher every month — 94% more than the payment most buyers budget for.

McComb median: $102,100
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, $81,600 borrowed $524
Property tax1.226% effective rate for McComb itself $104
Homeowners insuranceMississippi averages $1,766/yr (NAIC), or 1.087% of home value $92
Electricity16.16¢/kWh — Mississippi residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $85
Total monthly $1,019

McComb against Pike County and Mississippi

MeasureMcCombPike County
Median home value$102,100$110,500
Median property tax$1,252$1,027
Effective tax rate1.226%0.929%
Median gross rent$803$879
Population12,20239,930

The weather behind that power bill

McComb sits in Pike County, which averages a high of 91.1°F in its hottest month and a low of 38.4°F in its coldest, with 60.6" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,369 cooling and 1,920 heating degree days, which is what sets the $145 electricity line above.

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

Other cities in Pike County

Full Pike County cost breakdown · Every county in Mississippi

Common questions

How much does it cost to own a home in McComb?

A $102,000 home in McComb, Mississippi costs approximately $1,019 per month with 20% down at 6.66%. That is $524 principal and interest, $104 property tax, $92 homeowners insurance, $213 utilities and $85 set aside for maintenance.

What is the property tax rate in McComb?

McComb has an effective property tax rate of 1.226%, based on a median home value of $102,100 and median real estate taxes of $1,252. That is higher than the Pike County average of 0.929%.

What is the average home price in McComb?

The median owner-occupied home value in McComb, Mississippi is $102,100, against $110,500 across Pike County.

Is it cheaper to rent or buy in McComb?

Median gross rent in McComb is $803 a month, against $1,019 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 McComb — 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