Tate County, Mississippi Housing Market
In Tate County, Mississippi, the median home value is $209,000, with a median monthly rent of $963. This places Tate County at #1311 nationally out of 3134 counties by median home value, and #9 within Mississippi.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $882
- Establishments: 421
- BLS QCEW, 2025
Housing Supply
- Single-family: 129
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 10,556 (avg $58,380)
- Outflow: 10,044 (avg $58,059)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Tate County Compares
| Metric | Tate County | Mississippi Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $209,000 | $135,817 | $227,706 |
| Median Gross Rent | $963 | $804 | $968 |
| Owner Occupancy Rate | 76.0% | 72.4% | 73.3% |
| Price/Rent Ratio | 18.1 | 13.9 | 18.7 |
Market Analysis
The median home value in Tate County is 53.9% above the Mississippi state average and 8.2% below the U.S. national average. The median rent of $963/month is 19.8% above the state average.
With a price-to-rent ratio of 18.1, the buy-vs-rent decision in Tate County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Tate County has an owner-occupancy rate of 76.0%, compared to 72.4% in Mississippi and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Howard County | Nebraska | $209,100 | $777 |
| Pitt County | North Carolina | $208,900 | $993 |
| Nueces County | Texas | $208,800 | $1,283 |
| Poweshiek County | Iowa | $209,300 | $883 |
| Summit County | Ohio | $208,700 | $1,026 |
Other Counties in Mississippi
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Harrison County | $212,200 | $1,115 | 62.2% |
| Lee County | $199,500 | $957 | 70.8% |
| Hancock County | $224,200 | $977 | 79.2% |
| Lamar County | $224,700 | $1,126 | 69.5% |
| Jackson County | $193,100 | $1,101 | 72.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).