Income needed to buy a home

Leflore County, MS

$25,105

a year in household income to buy the typical Leflore County home with 10% down.

The monthly math

Typical home value$75,611
Down payment (10%)$7,561
Loan$68,050
Principal and interest (7.40%)$471/mo
Property tax (0.77% a year)$48/mo
Homeowners insurance (estimate)$38/mo
Mortgage insurance$28/mo
Total monthly cost$586/mo

Income needed keeps housing at 28% of gross income, the lender rule of thumb.

What locals earn

Comfortable

The typical household here earns $35,277 a year, 41% more than it takes.

In Mississippi

Leflore County ranks #4 of 80 for the income a home takes, from least to most.

Easiest to afford in Mississippi

CountyTypical homeIncome needed
Coahoma County$51,772$17,153
Washington County$55,372$18,684
Humphreys County$75,481$24,991
Holmes County$92,420$29,844
Sunflower County$93,711$30,719

Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.