Cost of Living in Horn Lake
Horn Lake's cost of living runs genuinely affordable on home prices, though a disclosed, counterintuitively high property tax rate offsets some of that advantage.
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Learn moreGenuinely lower home prices than DeSoto County peers
Horn Lake's home prices run below both Southaven's and Olive Branch's, consistent with a real, cited median household income of approximately $53,000-$57,000.
A counterintuitively high property tax rate
Horn Lake's effective property tax rate (~2.23%) is cited as the HIGHEST in DeSoto County, despite its lower home prices -- a real, disclosed factor offsetting some of the lower cost of entry.
A lower rent level than the national average
Average rent ran approximately $1,580/month, about 22% below the national average.
Key takeaways
- Horn Lake's home prices run genuinely below Southaven's and Olive Branch's.
- Horn Lake's property tax rate (~2.23%) is DeSoto County's highest, despite lower home prices.
- Average rent runs about 22% below the national average.
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