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Biloxi

Learn about the people, housing, costs and businesses in Biloxi, Mississippi

Median Home$243,871
Median Rent$1,117/month
Population48,514
Leading IndustriesPublic Administration · Education26% public administration
Home Value Growth⬆⬆+15.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners51% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableAmenity Score77/100 · highly walkable area
Biloxi
MS

Frequently Asked Questions

What are today's mortgage rates in Biloxi?

As of today, the 30-year fixed mortgage rate for Biloxi is approximately 6.969% (7.008% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Biloxi?

The median home value in Biloxi is $244k. The median monthly rent is $1,117. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Biloxi?

Home values in Biloxi have increased 15.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Biloxi?

Based on a typical all-in ownership cost of $1,093/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Biloxi is $63k/year.

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What industries drive the economy in Biloxi?

The largest employment sectors in Biloxi are public administration (26%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.