Total monthly cost of ownership
Cost to Own a Home in Rawls Springs, Mississippi
A $101,000 home here costs
$943per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $519. The real number is $424 higher every month — 82% 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.
Rawls Springs against Forrest County and Mississippi
| Measure | Rawls Springs | Forrest County |
|---|---|---|
| Median home value | $101,200 | $152,900 |
| Median property tax | $422 | $1,284 |
| Effective tax rate | 0.417% | 0.840% |
| Median gross rent | $1,084 | $960 |
| Population | 1,554 | 78,027 |
The weather behind that power bill
Rawls Springs sits in Forrest County, which averages a high of 91.8°F in its hottest month and a low of 38.1°F in its coldest, with 58.91" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 2,479 cooling and 1,920 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Forrest County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Forrest County
Full Forrest County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Rawls Springs?
A $101,000 home in Rawls Springs, Mississippi costs approximately $943 per month with 20% down at 6.66%. That is $519 principal and interest, $35 property tax, $91 homeowners insurance, $213 utilities and $84 set aside for maintenance.
What is the property tax rate in Rawls Springs?
Rawls Springs has an effective property tax rate of 0.417%, based on a median home value of $101,200 and median real estate taxes of $422. That is lower than the Forrest County average of 0.840%.
What is the average home price in Rawls Springs?
The median owner-occupied home value in Rawls Springs, Mississippi is $101,200, against $152,900 across Forrest County.
Is it cheaper to rent or buy in Rawls Springs?
Median gross rent in Rawls Springs is $1,084 a month, against $943 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rawls Springs — 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.