Total monthly cost of ownership
Cost to Own a Home in Rolling Fork, Mississippi
A $121,000 home here costs
$1,152per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $622. The real number is $530 higher every month — 85% 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.
Rolling Fork against Sharkey County and Mississippi
| Measure | Rolling Fork | Sharkey County |
|---|---|---|
| Median home value | $121,100 | $108,000 |
| Median property tax | $1,279 | $1,008 |
| Effective tax rate | 1.056% | 0.933% |
| Median gross rent | $592 | $622 |
| Population | 2,001 | 3,848 |
The weather behind that power bill
Rolling Fork sits in Sharkey County, which averages a high of 93.2°F in its hottest month and a low of 36.5°F in its coldest, with 55.28" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,617 cooling and 2,297 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Sharkey County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sharkey County
No other places of this size are published in Sharkey County.
Full Sharkey County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Rolling Fork?
A $121,000 home in Rolling Fork, Mississippi costs approximately $1,152 per month with 20% down at 6.66%. That is $622 principal and interest, $106 property tax, $110 homeowners insurance, $213 utilities and $101 set aside for maintenance.
What is the property tax rate in Rolling Fork?
Rolling Fork has an effective property tax rate of 1.056%, based on a median home value of $121,100 and median real estate taxes of $1,279. That is higher than the Sharkey County average of 0.933%.
What is the average home price in Rolling Fork?
The median owner-occupied home value in Rolling Fork, Mississippi is $121,100, against $108,000 across Sharkey County.
Is it cheaper to rent or buy in Rolling Fork?
Median gross rent in Rolling Fork is $592 a month, against $1,152 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 Rolling Fork — 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.