Total monthly cost of ownership
Cost to Own a Home in Metcalfe, Mississippi
A $80,000 home here costs
$810per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $411. The real number is $399 higher every month — 97% 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.
Metcalfe against Washington County and Mississippi
| Measure | Metcalfe | Washington County |
|---|---|---|
| Median home value | $79,500 | $99,300 |
| Median property tax | $553 | $837 |
| Effective tax rate | 0.696% | 0.843% |
| Median gross rent | $358 | $786 |
| Population | 1,141 | 43,674 |
The weather behind that power bill
Metcalfe sits in Washington County, which averages a high of 92.5°F in its hottest month and a low of 35.1°F in its coldest, with 49" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,295 cooling and 2,619 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Washington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washington County
Full Washington County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Metcalfe?
A $80,000 home in Metcalfe, Mississippi costs approximately $810 per month with 20% down at 6.66%. That is $411 principal and interest, $46 property tax, $72 homeowners insurance, $213 utilities and $67 set aside for maintenance.
What is the property tax rate in Metcalfe?
Metcalfe has an effective property tax rate of 0.696%, based on a median home value of $79,500 and median real estate taxes of $553. That is lower than the Washington County average of 0.843%.
What is the average home price in Metcalfe?
The median owner-occupied home value in Metcalfe, Mississippi is $79,500, against $99,300 across Washington County.
Is it cheaper to rent or buy in Metcalfe?
Median gross rent in Metcalfe is $358 a month, against $810 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 Metcalfe — 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.