39041 Property Tax Rate

Property owners in ZIP code 39041 (Bolton, Mississippi) pay a median of $532/year in property taxes on homes valued at $167,000. This translates to an effective tax rate of 0.32%, which is 57% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39041 is approximately $44, which factors into escrow payments on mortgages. This ZIP code is located within Hinds County. This is $378 less than the Mississippi average of $910/year.

Compared to similar ZIP codes in Mississippi, 39041 has lower property taxes. ZIP codes with similar effective rates include 39755 (0.33%) and 39656 (0.33%).

In Bolton, property taxes represent approximately 1.3% of the median household income of $41,563, providing context for the relative tax burden on homeowners in this area.

Mississippi reassesses property at market value upon sale, with no statewide cap on assessment increases for new owners. Hinds County offers a Homestead Exemption of $7,500 off assessed value for primary residences — contact the Hinds County Assessor's office to file before or shortly after purchase. Request a copy of your assessment notice and file an appeal with the Hinds County Board of Supervisors within 30 days if you believe the assessed value exceeds fair market value.