Housing
Our charming city is full of historic and architectural treasures!
In Vicksburg, home styles range from Antebellum and colonial revival to Victorian, from cozy cottage to rambling ranch, low-to-no maintenance patio homes, apartments and townhouses. Of course, if you're a Sunday gardener, choose a country home with an abundance of acreage.
The steady increase of home sales in Warren County gives the consumer a good selection within a healthy and competitive marke.
Continued industrial/commercial growth and increased "middle-class" population growth has made residential development a priority for area developers and individuals. Most developments, whether single or multiple family housing, are classified as "upscale." Average building costs are estimated at a reasonable $60-$80 per square foot, excluding the lot.
There are numerous realtors and realty companies in Vicksburg and Warren County. Most individuals and companies are members of the Vicksburg-Warren County Board of Realtors. They are additionally members of the area's "Multiple Listing Service." At any given time, homes ranging from the mid $60,000 to over $400,000 are available through local realtors. The average price of an existing home in Vicksburg-Warren County is $139,000.
Land costs in the Vicksburg-Warren County area vary with location and proximity to the city. Top-notch fire and police protection cover all sections of the city and county
Financing is readily available through banks and savings institutions. Both fixed and variable rate mortgages are generally available to buyers.
Apartment and rental housing are also popular choices in Vicksburg. Developers and individuals throughout the county offer various terms for housing and apartment rentals. There are currently more than 3,500 apartment units throughout the city. Several new complexes have been completed.
Quality housing is also available for senior citizens. Retirement communities and nursing homes are located throughout the city and county.
Homestead exemption is also available to qualified homeowners. Homestead exemption may be filed at the Tax Assessor's Office (County Courthouse) from January 1 through April 1.
Municipal and county property taxes are levied on real and personal, tangible property. Most property is assessed at 15% of true value. Owned, occupied, residential properties are usually assessed at 10% of true value. Businesses are assessed at 15% of true value.
Vicksburg is growing. It's a great place to live and a great place to raise a family or retire. It's a great place to meet friends and an even better place to call "home."
When purchasing property in Warren County...
You may become eligible to claim homestead exemption. To be eligible for homestead exemption benefits, state law requires that the applicant:
• Be a legal resident of Mississippi
• Comply with Mississippi income tax requirements.
• Purchase Mississippi license plates for all vehicles owned by the applicant
• Reside on the property you are claiming the exemption for on January 1st of the year the
application is being made for.. Rental properties are not eligible.
