Photo: Radiohead band · CC BY-SA 3.0Measured against area pay, Magee costs less to live in than 77% of U.S. towns
It ranks #16 of 99 in Mississippi for affordability. Up 1% in a year, 13% below the Mississippi typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Jackson, MS metro area ($62K). How TownRatings grades cost of living
Only 4 sales in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
In dollars, homes in Magee cost less than the Mississippi typical home. But the grade compares costs with what households in the area earn, and Jackson-area incomes are lower too ($62K, against $74K for the typical U.S. town). Property tax takes 0.57% of a home’s value a year (Mississippi: 0.72%), and 53% of renters pay 30% or more of income for housing.
In dollars
- $170Ktypical home, 13% below the Mississippi typical homeZillow, September 2026
- $850a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 89prices across the Jackson metro, where the U.S. is 100 (housing 65)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.3 yrsof area income buys the typical home; the typical U.S. town: 3.3$62K, Jackson-area income
- 15%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 53%of renters pay 30%+ of income for housing; across Mississippi: 51%Census 2020–24
- 16%of owners do; the typical U.S. town: 20%Census 2020–24
The short version on homes in Magee
Fewer people, more homes
Between the 2010 and 2020 censuses, Magee lost 420 residents while 31 new homes were permitted. New homes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025 (2025 partly estimated); incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Magee’s grade
Measured against what households in the area earn, Magee is more affordable than 77% of U.S. towns, #16 of 99 in Mississippi. The share of households paying 30%+ for housing pulls the grade down most; property tax holds it up.
Values have lagged Mississippi: the typical Magee home is down 2.0% in five years, against 11.3% statewide (Zillow).
Down 2% in five years
Slower than Mississippi (11.3%).
Show as a table
| January | Magee | Mississippi |
|---|---|---|
| 2017 | $136,000 | $136,000 |
| 2018 | $138,000 | $138,000 |
| 2019 | $146,000 | $142,000 |
| 2020 | $154,000 | $148,000 |
| 2021 | $157,000 | $160,000 |
| 2022 | $179,000 | $183,000 |
| 2023 | $167,000 | $186,000 |
| 2024 | $157,000 | $186,000 |
| 2025 | $170,000 | $192,000 |
| 2026 | $167,000 | $192,000 |
| September 2026 | $170,000 | $195,000 |
A typical Magee home worth $136K in October 2016 is worth about $170K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 2.3 years of area income
The calculator starts from the area income the grade uses. Switch to Magee’s own median, or type yours.
That covers a typical Magee home, with $83K to spare.
A two-bedroom rents for about $850 a month here, $120 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Magee’s typical property tax (0.57% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $850
Renters already here pay a median of $771, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Simpson County, MS HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Magee in 2025, all single-family houses. That's 0.5 per 1,000 residents, slower than across Mississippi (4). Over the past 10 years, Magee has permitted 37 homes in all.
Between the 2010 and 2020 censuses, Magee's population fell by 420 even though 31 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $199,000 |
| 2025 | 2 | 2 | 0 | $199,000 |
| 2024 | 2 | 2 | 0 | $199,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 6 | 6 | 0 | $596,000 |
| 2021 | 7 | 7 | 0 | $695,000 |
| 2020 | 6 | 6 | 0 | $596,000 |
| 2019 | 5 | 5 | 0 | $497,000 |
| 2018 | 3 | 3 | 0 | $187,000 |
| 2017 | 3 | 3 | 0 | $405,000 |
| 2016 | 3 | 3 | 0 | $405,000 |
| 2015 | 2 | 2 | 0 | $270,000 |
| 2014 | 2 | 2 | 0 | $270,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 7 | 7 | 0 | $440,000 |
| 2011 | 4 | 4 | 0 | $587,000 |
| 2010 | 2 | 2 | 0 | $180,000 |
| 2009 | 2 | 2 | 0 | $180,000 |
| 2008 | 22 | 6 | 16 | $1.3 million |
| 2007 | 12 | 12 | 0 | $987,000 |
| 2006 | 16 | 16 | 0 | $1.3 million |
| 2005 | 14 | 14 | 0 | $1 million |
| 2004 | 16 | 16 | 0 | $857,000 |
| 2003 | 16 | 16 | 0 | $1.2 million |
| 2002 | 9 | 9 | 0 | $593,000 |
| 2001 | 4 | 4 | 0 | $670,000 |
| 2000 | 11 | 11 | 0 | $710,000 |
Magee's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Mississippi norm
The median bill is $821 (Mississippi: $1,215), 0.57% of a home’s value a year, against 0.72% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Magee
Only figures published free for the whole country, each labeled with the area it covers: the Jackson, MS metro area, or Mississippi. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 89 | MS 87 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 96 | MS 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 78 | MS 78 | metro | BEA, 2024 |
| Other services U.S. = 100 | 96 | MS 96 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Magee and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Magee | A− | $170K | $143K | 0.57% | $850 |
Questions about the cost of living in Magee
Is Magee expensive to live in?
Measured against what households in the area earn, Magee costs less than 77% of U.S. towns: an A− for cost of living, #16 of 99 in Mississippi. The typical home costs 2.3 years of the median household income of the Jackson, MS metro area ($62K).
How much does a house cost in Magee?
About $170K, Zillow’s typical value for September 2026, up 1.0% in a year. The Mississippi typical home is $195K.
What salary do you need to live in Magee?
To buy the typical home with 20% down at 6.3%, about $42,000 a year, keeping the payment (about $970 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $34,000.
How much is rent in Magee?
HUD puts a two-bedroom at about $850 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $771 (Census 2020–24).
What are property taxes in Magee?
The median bill is $821 a year, 0.57% of the median home value (Mississippi: $1,215, 0.72%), from the Census 2020–24.
Are home prices in Magee going up?
Yes: up 1.0% in the past year and -2.0% in five years, against 11.3% across Mississippi (Zillow).
Neighbors talk housing
What Magee buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.