39325 Property Tax Rate

Property owners in ZIP code 39325 (Collinsville, Mississippi) pay a median of $1,494/year in property taxes on homes valued at $181,400. This translates to an effective tax rate of 0.82%, which is 12% above the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39325 is approximately $125, which factors into escrow payments on mortgages. This ZIP code is located within Lauderdale County. This is $584 more than the Mississippi average of $910/year.

Compared to similar ZIP codes in Mississippi, 39325 has higher property taxes. ZIP codes with similar effective rates include 39183 (0.82%) and 39601 (0.82%).

In Collinsville, property taxes represent approximately 1.8% of the median household income of $85,077, 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. Lauderdale County provides a Homestead Exemption of $7,500 off assessed value for owner-occupied primary residences — file with the Lauderdale County Assessor immediately after closing. Retain your exemption filing receipt and appeal to the Lauderdale County Board of Supervisors within 30 days if the assessed value seems excessive.