39040 Property Tax Rate

Property owners in ZIP code 39040 (Bentonia, Mississippi) pay a median of $1,402/year in property taxes on homes valued at $200,400. This translates to an effective tax rate of 0.70%, which is 5% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39040 is approximately $117, which factors into escrow payments on mortgages. This ZIP code is located within Yazoo County. This is $492 more than the Mississippi average of $910/year.

Compared to similar ZIP codes in Mississippi, 39040 has lower property taxes. ZIP codes with similar effective rates include 39365 (0.70%) and 39356 (0.70%).

In Bentonia, property taxes represent approximately 2.3% of the median household income of $62,309, providing context for the relative tax burden on homeowners in this area.

Mississippi has no statewide property tax cap; the Yazoo County Assessor will reassess your property at fair market value (typically the purchase price) following your purchase. Homeowners age 65+ or permanently disabled may claim the Homestead Exemption to exempt a portion of assessed value from taxation — apply with the Yazoo County Assessor to verify your eligibility and obtain your exemption amount. Obtain your Notice of Assessment from the Yazoo County Assessor and submit an appeal to the county board of supervisors within 30 days if the assessed value does not reflect fair market value.