38774 Property Tax Rate
Shelby, Mississippi · Part of Bolivar County
Effective Tax Rate
0.34%
69% below state avgMedian Annual Tax
$282
$24/mo escrow
Estimate Your Tax
Annual Tax
$282
Monthly
$23
Eff. Rate
0.34%
Buyer decision brief
What ZIP 38774 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$24/mo
Based on median annual tax paid
State context
0.39 percentage points below the Mississippi average
Mississippi average: 0.73%
Data confidence
Use cautionThe Census margin of error is $256, about 91% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Bolivar County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 38774 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Very high margin of error
$256 tax MOE, 91% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County context only
Bolivar County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 38774
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $82,400, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 0.34%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Mississippi and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $24 per month before insurance, HOA dues, or special assessments.
Assessor verification
Bolivar County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 38774 Compares
Median Annual Property Tax
ZIP 38774
0.34%
Effective rate
Mississippi Avg
0.73%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Mississippi
Lower than 97% of ZIP codes in Mississippi(3th percentile, 347 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 38774
Property owners in ZIP code 38774 (Shelby, Mississippi) pay a median of $282/year in property taxes on homes valued at $82,400. This translates to an effective tax rate of 0.34%, which is 53% below the Mississippi state average of 0.73%.
The monthly property tax burden for a median-valued home in 38774 is approximately $24, which factors into escrow payments on mortgages. This ZIP code is located within Bolivar County. This is $628 less than the Mississippi average of $910/year.
Compared to similar ZIP codes in Mississippi, 38774 has higher property taxes. ZIP codes with similar effective rates include 39772 (0.34%) and 39656 (0.33%).
In Shelby, property taxes represent approximately 1.3% of the median household income of $21,689, providing context for the relative tax burden on homeowners in this area.
If you're considering purchasing a home in 38774, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Bolivar County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 38774?
How much are property taxes in Shelby, MS (38774)?
How does ZIP 38774 compare to the Mississippi average?
What is the median home value in ZIP 38774?
What county is ZIP code 38774 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$256. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 38774 is part of Bolivar County, Mississippi. View the full county profile for broader context and more data.
View Bolivar County on TaxByCounty →Why compare these ZIPs?
Better comparison set for ZIP 38774
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
38764
Pace, MS
0.11 percentage points lower than ZIP 38774.
Rate
0.23%
Tax
$199
Quality
70
38773
Shaw, MS
0.09 percentage points lower than ZIP 38774.
Rate
0.25%
Tax
$246
Quality
67
38769
Rosedale, MS
0.07 percentage points lower than ZIP 38774.
Rate
0.27%
Tax
$199
Quality
70
39110
Madison, MS
$260,200 higher median home value than ZIP 38774.
Rate
0.72%
Tax
$2,472
Quality
82
39232
Flowood, MS
$210,600 higher median home value than ZIP 38774.
Rate
0.71%
Tax
$2,077
Quality
77
38672
Southaven, MS
$208,200 higher median home value than ZIP 38774.
Rate
0.63%
Tax
$1,845
Quality
89
38651
Nesbit, MS
$206,500 higher median home value than ZIP 38774.
Rate
0.54%
Tax
$1,556
Quality
82
38632
Hernando, MS
$204,700 higher median home value than ZIP 38774.
Rate
0.62%
Tax
$1,766
Quality
82
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.