38859 Property Tax Rate

Property owners in ZIP code 38859 (New Site, Mississippi) pay a median of $797/year in property taxes on homes valued at $133,200. This translates to an effective tax rate of 0.60%, which is 18% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 38859 is approximately $66, which factors into escrow payments on mortgages. This ZIP code is located within Prentiss County.

Compared to similar ZIP codes in Mississippi, 38859 has lower property taxes. ZIP codes with similar effective rates include 39320 (0.60%) and 39666 (0.60%).

In New Site, property taxes represent approximately 1.2% of the median household income of $65,980, providing context for the relative tax burden on homeowners in this area.

Mississippi has no statewide property tax cap; the Prentiss County Assessor will reassess your property at the purchase price or fair market value upon transfer. Homeowners age 65+ or permanently disabled may qualify for the Homestead Exemption, which reduces the portion of assessed value subject to taxation — contact the Prentiss County Assessor to verify eligibility and file your claim. Request your Notice of Assessment from the Prentiss County Assessor and appeal to the county board of supervisors within 30 days if the assessed value appears overstated.