Total monthly cost of ownership
Cost to Own a Home in Tylertown, Mississippi
A $117,000 home here costs
$1,111per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $601. The real number is $510 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.
Tylertown against Walthall County and Mississippi
| Measure | Tylertown | Walthall County |
|---|---|---|
| Median home value | $117,200 | $120,600 |
| Median property tax | $1,118 | $946 |
| Effective tax rate | 0.954% | 0.784% |
| Median gross rent | $465 | $718 |
| Population | 2,023 | 13,864 |
The weather behind that power bill
Tylertown sits in Walthall County, which averages a high of 91.7°F in its hottest month and a low of 37.0°F in its coldest, with 62.51" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 2,347 cooling and 1,967 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Walthall County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Walthall County
No other places of this size are published in Walthall County.
Full Walthall County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Tylertown?
A $117,000 home in Tylertown, Mississippi costs approximately $1,111 per month with 20% down at 6.66%. That is $601 principal and interest, $93 property tax, $106 homeowners insurance, $213 utilities and $98 set aside for maintenance.
What is the property tax rate in Tylertown?
Tylertown has an effective property tax rate of 0.954%, based on a median home value of $117,200 and median real estate taxes of $1,118. That is higher than the Walthall County average of 0.784%.
What is the average home price in Tylertown?
The median owner-occupied home value in Tylertown, Mississippi is $117,200, against $120,600 across Walthall County.
Is it cheaper to rent or buy in Tylertown?
Median gross rent in Tylertown is $465 a month, against $1,111 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 Tylertown — 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.