Tate County Area Home Supply Charts

This page looks at a variety of Tate County Mississippi housing market data taken from the most recent 2019 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Tate County depicts it has a housing units of 11,375 which is less than most other counties in the local area.

Figure 2 illustrates the housing density in the Tate County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Tate County shows it has a housing density of 28.1 which is the third most of all other counties in the metro area. The county with the highest housing density in the area is DeSoto County which depicts a density of 138.9 (approximately 4.9 times bigger). Comparing housing density to the United States average of 38.6, Tate County is approximately three-fourths the size. Also, measured against the state of Mississippi, housing density of 27.9, Tate County is about the same size.

In Figure 4, Tate County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Tate County shows it has a change in the housing units of 3.9% which is in the center range of other counties in the local area. The county with the highest change in the housing units in the area is Lafayette County which depicts a housing units of 11.2% (approximately 2.9 times bigger). Comparing change in the housing units to the United States average of 4.9%, Tate County is about 24.8% smaller. Also, compared to the state of Mississippi, change in the housing units of 3.2%, Tate County is 20.4% larger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Tate County shows it has a renter percent of 24.9% which is the second smallest as measured by renter percent of all the other counties in the metro area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has an owner percent of 75.1% which is the second most owner percent of all the counties in the greater Tate County region.

Tate County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Tate County home price is illustrated for this community and a useful analysis of affordable housing. Tate County shows it has a median home price of $117,800 which is the third most median home prices of all other counties in the greater Tate County region. The county with the highest median home price in the area is Lafayette County which depicts a home price of $188,600 (60.1% larger). Figure 8 provides aggregate comparative data for the Tate County Mississippi metro area in terms of the median housing rental rate, apartment rent, etc. Tate County indicates it has a rental rates of $718 which is in the center range of other counties in the local area. The county with the highest rental rates in the area is DeSoto County which shows a rental rates of $1,029 (43.3% larger). Comparing rental rates to the United States average of $1,023, Tate County is approximately three-fourths the size. Also, measured against the state of Mississippi, rental rates of $762, Tate County is about 6.1% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Tate County has the percentage of home price worth less than $50,000 less than most other counties in the metro area at 12% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Tate County depicts it has a median ownership cost of $773 which is the third most of all other counties in the area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Tate County metro area. it has a cost as a percent of household income of 17% which is the third most cost as a percent of household income of all other counties in the greater Tate County region. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Tate County depicts it has a median home value as a percent of median worker earnings of 303% which is in the mid point range of other counties in the local area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Tate County depicts it has a median housing cost of $1,208 which is the third most median housing cost of all other counties in the greater Tate County region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a median housing cost of $395 which is the third most median housing cost of all other counties in the greater Tate County region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Tate County has the percentage of owner cost less than $300 less than most other counties in the local area at 13% of the total. Second, it has one of the largest proportions of owner cost between $1,000 and $1,500 at 23% of the total and is ranked #2. The only larger county being DeSoto County with 28%.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Tate County shows it has a cost as a percent of household income of 21% which is less than most other counties in the greater region. The county with the highest cost as a percent of household income in the area is Quitman County which shows a cost as a percent of household income of 27% (25.4% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Tate County depicts it has a cost as a percent of household income of 10% which is less than most other counties in the metro area. The county with the highest cost as a percent of household income in the area is Quitman County which depicts a cost as a percent of household income of 15% (45.2% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Tate County has one of the largest proportions of rent as a percent of income is less than 10 pct at 7% of the total and is ranked #2. The only larger county being Tunica County with 8%. Second, it has the largest proportion of rent as a percent of income is between 30pct to 40pct at 17% of the total and is ranked #1. Third, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 8% of the total and is ranked #2. The only larger county being Panola County with 9%. Also, it has in the center range of other counties in the metropolitan area when sorted by rent as a percent of income is over 50pct at 17% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a median real estate taxes paid of $1,139 which is the third most median real estate taxes paid of all other counties in the greater Tate County region. The county with the highest median real estate taxes paid in the area is Lafayette County which shows a taxes paid of $1,429 (25.5% larger). Comparing median real estate taxes paid to the United States average of $2,375, Tate County is approximately half the size. Also, versus the state of Mississippi, median real estate taxes paid of $924, Tate County is 23.3% larger.

Figure 23 shows the rental rate distribution for this area. Tate County Mississippi has the largest proportion of rent between 500 and 750 dollars at 41% of the total and is ranked #1.

Tate County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Tate County has one of the largest proportions of with mortgage at 55% of the total and is ranked #3. Only #2 Lafayette County (56%), and #1 DeSoto County (69%) are larger. Second, it has one of the largest proportions of no 2nd mortgage and no heloc at 51% of the total and is ranked #2. The only larger county being DeSoto County with 62%. Third, it has less than most other counties in the metro area as measured by no mortgage at 45% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Tate County has one of the largest proportions of houses with mortgages at 55% of the total and is ranked #3. Only #2 Lafayette County (56%), and #1 DeSoto County (69%) are larger. Second, it has less than most other counties in the local area in terms of houses without mortgages at 45% of the total.

Tate County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a family members per housing unit of 3.1 which is the second smallest in order of family members per housing unit of all the other counties in the local area. The county with the highest family members per housing unit in the area is Panola County which depicts a family members per housing unit of 3.6 (14.7% larger). Comparing family members per housing unit to the United States average of 3.3, Tate County is about 7.4% smaller. Also, measured against the state of Mississippi, family members per housing unit of 3.3, Tate County is about 7.0% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has an average number of rooms in a house of 5.8 which is the second most average number of rooms in a house of all the counties in the greater Tate County region. The county with the highest average number of rooms in a house in the area is DeSoto County which depicts an average number of rooms in a house of 6.0 (only about 3.4% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a year built of 1988 which is in the mid range of other counties in the local area. The county with the highest year built in the area is DeSoto County which depicts a year built of 1995 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built in 2014 or later less than most other counties in the greater region at 1% of the total. Second, it has one of the largest proportions of homes built between 1939 or earlier at 6% of the total and is ranked #2. The only larger county being Quitman County with 6%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units less than most other counties in the greater region at 7,709 of the total. Second, it has less than most other counties in the metro area when sorted by renter housing units at 2,555 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the smallest proportion of 3 or 4 units at 1% of the total. Second, it has the smallest proportion of 5 to 9 units at 1% of the total. Third, it has the smallest proportion of 20 to 49 units at 0% of the total. Also, it has one of the largest proportions of mobile home at 22% of the total and is ranked #2. The only larger county being Panola County with 29%.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2010 to 2013 in the middle range of other counties in the metro area at $167,900 of the total. Second, it has in the middle range of other counties in the metro area in terms of value of homes built 2000 to 2009 at $150,600 of the total. Third, it has in the middle range of other counties in the local area when sorted by value of homes built 1990 to 1999 at $106,000 of the total. Also, it has one of the largest proportions of value of homes built 1980 to 1989 at $114,400 of the total and is ranked #3. Only #2 Lafayette County ($115,900), and #1 DeSoto County ($150,600) are larger. In addition, it has one of the largest proportions of value of homes built 1970 to 1979 at $106,600 of the total and is ranked #3. Only #2 DeSoto County ($121,400), and #1 Lafayette County ($138,800) are larger. Furthermore, it has in the middle range of other counties in the local area as measured by value of homes built 1960 to 1969 at $96,500 of the total. Next it has one of the largest proportions of value of homes built 1950 to 1959 at $115,800 of the total and is ranked #2. The only larger county being Tunica County with $170,300. Additionally, it has in the center range of other counties in the greater region as measured by value of homes built 1940 to 1949 at $85,500 of the total. And then, it has in the mid range of other counties in the local area when ranked by value of homes built 1939 or earlier at $118,300 of the total.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has one of the largest proportions of occupied housing units at 90% of the total and is ranked #2. The only larger county being DeSoto County with 94%. Second, it has the second smallest in terms of occupied housing units of all the other counties in the local area as measured by vacant housing units at 10% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Tate County residents. it has a homeowner household size of 2.6 which is in the mid range of other counties in the local area. The county with the highest homeowner household size in the area is DeSoto County which shows a homeowner household size of 2.8 (8.9% larger).

Figure 37 shows the household size for renters. Tate County shows it has a renter household size of 2.6 which is in the middle range of other counties in the surrounding region. The county with the highest renter household size in the area is DeSoto County which depicts a renter household sizes of 2.9 (9.9% larger). Figure 38 shows the year that people who own homes moved into this region. it has one of the largest proportions of owners moved in 2017 or later at 3% of the total and is ranked #2. The only larger county being DeSoto County with 3%. Second, it has the smallest proportion of owners moved in 2010 to 2014 at 14% of the total. Third, it has the largest proportion of owners moved in 2000 to 2009 at 41% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Tate County has the largest proportion of renters moved in 2017 or later at 18% of the total and is ranked #1. Second, it has the smallest proportion of renters moved in 2010 to 2014 at 33% of the total. Third, it has one of the largest proportions of renters moved in 1990 to 1999 at 8% of the total and is ranked #2. The only larger county being Panola County with 9%.

Figure 40 compares the median year that home owners moved into their home. it has a median year that a home owner moved in of 2002 which is the third most median year that a home owner moved in of all other counties in the greater Tate County region. Figure 41 compares the median year that renters moved into their home. Tate County depicts it has a median year that a renter moved in of 2013 which is the second most median year that a renter moved in of all the counties in the greater Tate County region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of homes using natural gas at 16% of the total. Second, it has one of the largest proportions of home using bottled, tank, or lp gas at 29% of the total and is ranked #2. The only larger county being Panola County with 33%. Third, it has one of the largest proportions of homes using some other fuel at 0% of the total and is ranked #2. The only larger county being Marshall County with 1%.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Tate County housing department, Mississippi department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Tate County shows it has a total people living in group quarters of 1,941 which is the third most number of people in group quarters of all other counties in the greater Tate County region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Tate County residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Tate County has the largest proportion of number of people under 18 years of age and in group quarters at 6% of the total and is ranked #1. Second, it has the smallest proportion of number of people 18 years of age and older living in group quarters at 94% of the total.