Total monthly cost of ownership
Cost to Own a Home in Prentiss, Mississippi
A $85,000 home here costs
$876per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $437. The real number is $439 higher every month — 101% 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.
Prentiss against Jefferson Davis County and Mississippi
| Measure | Prentiss | Jefferson Davis County |
|---|---|---|
| Median home value | $84,800 | $87,100 |
| Median property tax | $935 | $728 |
| Effective tax rate | 1.103% | 0.836% |
| Median gross rent | $790 | $695 |
| Population | 1,048 | 11,183 |
The weather behind that power bill
Prentiss sits in Jefferson Davis County, which averages a high of 95.8°F in its hottest month and a low of 36.0°F in its coldest, with 60.35" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,726 cooling and 1,893 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Jefferson Davis County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson Davis County
No other places of this size are published in Jefferson Davis County.
Full Jefferson Davis County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Prentiss?
A $85,000 home in Prentiss, Mississippi costs approximately $876 per month with 20% down at 6.66%. That is $437 principal and interest, $78 property tax, $77 homeowners insurance, $213 utilities and $71 set aside for maintenance.
What is the property tax rate in Prentiss?
Prentiss has an effective property tax rate of 1.103%, based on a median home value of $84,800 and median real estate taxes of $935. That is higher than the Jefferson Davis County average of 0.836%.
What is the average home price in Prentiss?
The median owner-occupied home value in Prentiss, Mississippi is $84,800, against $87,100 across Jefferson Davis County.
Is it cheaper to rent or buy in Prentiss?
Median gross rent in Prentiss is $790 a month, against $876 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 Prentiss — 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.