39177 Property Tax Rate

Property owners in ZIP code 39177 (Valley Park, Mississippi) pay a median of $789/year in property taxes on homes valued at $158,600. This translates to an effective tax rate of 0.50%, which is 32% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39177 is approximately $66, which factors into escrow payments on mortgages. This ZIP code is located within Issaquena County.

Compared to similar ZIP codes in Mississippi, 39177 has higher property taxes. ZIP codes with similar effective rates include 38841 (0.50%) and 38868 (0.50%).

In Valley Park, property taxes represent approximately 1.5% of the median household income of $53,750, 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. Issaquena County provides a Homestead Exemption of $7,500 off assessed value for owner-occupied homes — apply with the Issaquena County Assessor's office immediately after purchase. Submit your exemption application and retain a copy; file an appeal with the Issaquena County Board of Supervisors within 30 days if the assessment appears incorrect.