Total monthly cost of ownership
Cost to Own a Home in Rosedale, Mississippi
A $101,000 home here costs
$978per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $42,000 a year.
A standard mortgage calculator would have told you $551. The real number is $427 higher every month, 78% more than the payment most buyers budget for.
Compare Bolivar County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Rosedale from a five-year rolling sample, and with about 1,871 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Bolivar County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Rosedale against Bolivar County and Mississippi
| Measure | Rosedale | Bolivar County |
|---|---|---|
| Median home value | $100,800 | $123,600 |
| Median property tax | $199 | $961 |
| Effective tax rate | 0.197% | 0.778% |
| Median gross rent | $343 | $671 |
| Population | 1,871 | 30,163 |
The weather behind that power bill
Rosedale sits in Bolivar County, which averages a high of 93.1°F in its hottest month and a low of 33.2°F in its coldest, with 59.29" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,334 cooling and 2,824 heating degree days, which is what sets the $167 electricity line above.
See the full climate breakdown for Bolivar County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bolivar County
Full Bolivar County cost breakdown · Every county in Mississippi
Talk to someone who works this market
These are Rosedale averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Rosedale every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Rosedale I already own here and may sell
Common questions
How much does it cost to own a home in Rosedale?
A $101,000 home in Rosedale, Mississippi costs approximately $978 per month with 20% down at 7.24%. That is $551 principal and interest, $17 property tax, $91 homeowners insurance, $235 utilities and $84 set aside for maintenance.
What is the property tax rate in Rosedale?
Rosedale has an effective property tax rate of 0.197%, based on a median home value of $100,800 and median real estate taxes of $199. That is lower than the Bolivar County average of 0.778%.
What is the average home price in Rosedale?
The median owner-occupied home value in Rosedale, Mississippi is $100,800, against $123,600 across Bolivar County.
Is it cheaper to rent or buy in Rosedale?
Median gross rent in Rosedale is $343 a month, against $978 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Rosedale?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Rosedale, Mississippi at today's rate takes a household income of roughly $42,000 a year. That covers the full $978 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rosedale, 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.