39327 Property Tax Rate

Property owners in ZIP code 39327 (Decatur, Mississippi) pay a median of $1,033/year in property taxes on homes valued at $137,800. This translates to an effective tax rate of 0.75%, which is near the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39327 is approximately $86, which factors into escrow payments on mortgages. This ZIP code is located within Newton County.

Compared to similar ZIP codes in Mississippi, 39327 has higher property taxes. ZIP codes with similar effective rates include 38663 (0.75%) and 39362 (0.75%).

In Decatur, property taxes represent approximately 1.9% of the median household income of $54,989, 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. Newton County provides a Homestead Exemption of $7,500 off assessed value for owner-occupied primary residences — apply with the Newton County Assessor's office within 30 days of closing. Save your closing documents and exemption filing confirmation, and appeal within 30 days if the county's assessed value exceeds the purchase price.