38676 Property Tax Rate

Property owners in ZIP code 38676 (Tunica, Mississippi) pay a median of $1,030/year in property taxes on homes valued at $183,500. This translates to an effective tax rate of 0.56%, which is 23% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 38676 is approximately $86, which factors into escrow payments on mortgages. This ZIP code is located within Tunica County.

Compared to similar ZIP codes in Mississippi, 38676 has lower property taxes. ZIP codes with similar effective rates include 38652 (0.56%) and 38864 (0.56%).

In Tunica, property taxes represent approximately 3.0% of the median household income of $34,608, providing context for the relative tax burden on homeowners in this area.

Mississippi reassesses property at market value upon transfer; the Tunica County assessor will issue a new appraised value based on your purchase price. Owner-occupied primary residences automatically qualify for the $7,500 Homestead Exemption in Mississippi — verify with the Tunica County Assessor that your homestead status is correctly filed before your first tax bill is issued. Contact the assessor's office within 30 days of closing to register your homestead exemption.