39166 Property Tax Rate

Property owners in ZIP code 39166 (Silver City, Mississippi) pay a median of $2,387/year in property taxes on homes valued at $117,700. This translates to an effective tax rate of 2.03%, which is 177% above the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39166 is approximately $199, which factors into escrow payments on mortgages. This ZIP code is located within Humphreys County. This is $1,477 more than the Mississippi average of $910/year.

Compared to similar ZIP codes in Mississippi, 39166 has higher property taxes. ZIP codes with similar effective rates include 38622 (1.73%) and 39203 (1.66%).

In Silver City, property taxes represent approximately 5.7% of the median household income of $42,042, providing context for the relative tax burden on homeowners in this area.

Mississippi has no statewide property tax cap; the Humphreys County Assessor will reassess your property at the purchase price upon transfer of ownership. The Homestead Exemption is available to owners age 65+ or permanently disabled, reducing assessed value used for tax calculation — file your application with the Humphreys County Assessor immediately after purchase. Request your Notice of Assessment from the Humphreys County Assessor within 10 days of closing and submit a written appeal to the county board of supervisors within 30 days if you believe the assessment is overstated.