Total monthly cost of ownership
Cost to Own a Home in Wesson, Mississippi
A $112,000 home here costs
$1,059per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $576. The real number is $483 higher every month — 84% 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.
Wesson against Lincoln County and Mississippi
| Measure | Wesson | Lincoln County |
|---|---|---|
| Median home value | $111,700 | $131,800 |
| Median property tax | $897 | $945 |
| Effective tax rate | 0.803% | 0.717% |
| Median gross rent | $1,084 | $754 |
| Population | 2,346 | 34,830 |
Wesson extends across 2 counties. Figures here use Lincoln County, where most of its housing sits.
The weather behind that power bill
Wesson sits in Lincoln County, which averages a high of 90.1°F in its hottest month and a low of 36.1°F in its coldest, with 61.58" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,122 cooling and 2,300 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Lincoln County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lincoln County
Full Lincoln County cost breakdown · Every county in Mississippi
Common questions
How much does it cost to own a home in Wesson?
A $112,000 home in Wesson, Mississippi costs approximately $1,059 per month with 20% down at 6.66%. That is $576 principal and interest, $75 property tax, $101 homeowners insurance, $213 utilities and $93 set aside for maintenance.
What is the property tax rate in Wesson?
Wesson has an effective property tax rate of 0.803%, based on a median home value of $111,700 and median real estate taxes of $897. That is higher than the Lincoln County average of 0.717%.
What is the average home price in Wesson?
The median owner-occupied home value in Wesson, Mississippi is $111,700, against $131,800 across Lincoln County.
Is it cheaper to rent or buy in Wesson?
Median gross rent in Wesson is $1,084 a month, against $1,059 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 Wesson — 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.