38658 Property Tax Rate

Property owners in ZIP code 38658 (Pope, Mississippi) pay a median of $1,140/year in property taxes on homes valued at $128,800. This translates to an effective tax rate of 0.89%, which is 21% above the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 38658 is approximately $95, which factors into escrow payments on mortgages. This ZIP code is located within Panola County. This is $230 more than the Mississippi average of $910/year.

Compared to similar ZIP codes in Mississippi, 38658 has lower property taxes. ZIP codes with similar effective rates include 38643 (0.88%) and 38737 (0.89%).

In Pope, property taxes represent approximately 1.5% of the median household income of $76,741, providing context for the relative tax burden on homeowners in this area.

Mississippi property is reassessed at market value upon sale; expect the Panola County assessor to issue a new valuation based on your purchase price by the following tax year. Owner-occupied primary residences qualify for Mississippi's Homestead Exemption ($7,500 off assessed value) — this exemption is automatic, but confirm with the Panola County Assessor that your homestead status is correctly recorded in their system. Verify the $7,500 exemption appears on your first property tax bill.