38923 Property Tax Rate

Property owners in ZIP code 38923 (Coila, Mississippi) pay a median of $782/year in property taxes on homes valued at $117,700. This translates to an effective tax rate of 0.66%, which is 9% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 38923 is approximately $65, which factors into escrow payments on mortgages. This ZIP code is located within Carroll County.

Compared to similar ZIP codes in Mississippi, 38923 has higher property taxes. ZIP codes with similar effective rates include 39451 (0.66%) and 38849 (0.66%).

In Coila, property taxes represent approximately 1.1% of the median household income of $68,750, providing context for the relative tax burden on homeowners in this area.

Mississippi has no statewide property tax cap; the Carroll County Assessor will reassess your property at fair market value (typically the purchase price) upon transfer of ownership. Homeowners age 65+ or permanently disabled may qualify for the Homestead Exemption, which reduces the portion of assessed value subject to property tax — apply with the Carroll County Assessor to determine your exemption amount. Obtain your Notice of Assessment from the Carroll County Assessor and submit an appeal to the county board of supervisors within 30 days if the assessed value appears overstated.