38625 Property Tax Rate

Property owners in ZIP code 38625 (Dumas, Mississippi) pay a median of $1,125/year in property taxes on homes valued at $153,000. This translates to an effective tax rate of 0.74%, which is near the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 38625 is approximately $94, which factors into escrow payments on mortgages. This ZIP code is located within Tippah County. This is $215 more than the Mississippi average of $910/year.

Compared to similar ZIP codes in Mississippi, 38625 has higher property taxes. ZIP codes with similar effective rates include 39520 (0.74%) and 39039 (0.73%).

In Dumas, property taxes represent approximately 3.0% of the median household income of $37,232, providing context for the relative tax burden on homeowners in this area.

Mississippi reassesses property at fair market value upon transfer; the Tippah County assessor will establish a new appraised value from your purchase price. The $7,500 Homestead Exemption is available to all owner-occupied primary residences in Mississippi and typically applies automatically — contact the Tippah County Assessor to confirm your homestead exemption is registered and will appear on your first assessment. File any exemption application within 30 days of closing.