Cost to Own
United StatesMississippiJackson CountyPascagoula Population 21,812 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Pascagoula, Mississippi

A $133,000 home here costs

$1,223

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

A standard mortgage calculator would have told you $684. The real number is $539 higher every month — 79% more than the payment most buyers budget for.

Pascagoula median: $132,500
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, $106,400 borrowed $684
Property tax0.854% effective rate for Pascagoula itself $95
Homeowners insuranceMississippi averages $1,766/yr (NAIC), or 1.087% of home value $120
Electricity16.16¢/kWh — Mississippi residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $111
Total monthly $1,223

Pascagoula against Jackson County and Mississippi

MeasurePascagoulaJackson County
Median home value$132,500$181,700
Median property tax$1,131$1,332
Effective tax rate0.854%0.733%
Median gross rent$896$1,087
Population21,812144,437

The weather behind that power bill

Pascagoula sits in Jackson County, which averages a high of 90.9°F in its hottest month and a low of 40.9°F in its coldest, with 61.73" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 2,614 cooling and 1,558 heating degree days, which is what sets the $145 electricity line above.

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

Other cities in Jackson County

Full Jackson County cost breakdown · Every county in Mississippi

Common questions

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

A $133,000 home in Pascagoula, Mississippi costs approximately $1,223 per month with 20% down at 6.66%. That is $684 principal and interest, $95 property tax, $120 homeowners insurance, $213 utilities and $111 set aside for maintenance.

What is the property tax rate in Pascagoula?

Pascagoula has an effective property tax rate of 0.854%, based on a median home value of $132,500 and median real estate taxes of $1,131. That is higher than the Jackson County average of 0.733%.

What is the average home price in Pascagoula?

The median owner-occupied home value in Pascagoula, Mississippi is $132,500, against $181,700 across Jackson County.

Is it cheaper to rent or buy in Pascagoula?

Median gross rent in Pascagoula is $896 a month, against $1,223 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 Pascagoula — 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