Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Elizabeth

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

Median Home$112,072
Median Rent$754/month
Population120
Leading IndustriesConstruction · Agriculture & Mining18% construction
Home Value Growth+7.2% over 2 years
Retirees27% of residentsabove average nationally
Homeowners74% of occupied units
NotableAffordable Market$112k median home · lower cost than 88% of the country
Elizabeth
MS

Frequently Asked Questions

What are today's mortgage rates in Elizabeth?

As of today, the 30-year fixed mortgage rate for Elizabeth is approximately 7.102% (7.148% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Elizabeth
What is the median home price in Elizabeth?

The median home value in Elizabeth is $112k. The median monthly rent is $754. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elizabeth?

Home values in Elizabeth have increased 7.2% over the past two years. This represents moderate growth. 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 Elizabeth?

Based on a typical all-in ownership cost of $869/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elizabeth is $49k/year.

Calculate your buying power
What industries drive the economy in Elizabeth?

The largest employment sectors in Elizabeth are public administration (20%) and agriculture and mining (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.