39074 Property Tax Rate

Property owners in ZIP code 39074 (Forest, Mississippi) pay a median of $780/year in property taxes on homes valued at $114,700. This translates to an effective tax rate of 0.68%, which is 7% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39074 is approximately $65, which factors into escrow payments on mortgages. This ZIP code is located within Scott County.

Compared to similar ZIP codes in Mississippi, 39074 has lower property taxes. ZIP codes with similar effective rates include 39208 (0.68%) and 38655 (0.68%).

In Forest, property taxes represent approximately 1.7% of the median household income of $46,890, 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. Scott County provides a Homestead Exemption of $7,500 off assessed value for owner-occupied primary residences — file with the Scott County Assessor immediately after purchase. Submit your exemption application in writing and note the 30-day appeal deadline from your Notice of Assessment.