39531 Property Tax Rate

Property owners in ZIP code 39531 (Biloxi, Mississippi) pay a median of $1,265/year in property taxes on homes valued at $193,700. This translates to an effective tax rate of 0.65%, which is 11% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39531 is approximately $105, which factors into escrow payments on mortgages. This ZIP code is located within Harrison County. This is $355 more than the Mississippi average of $910/year.

Compared to similar ZIP codes in Mississippi, 39531 has higher property taxes. ZIP codes with similar effective rates include 39114 (0.65%) and 38863 (0.65%).

In Biloxi, property taxes represent approximately 2.3% of the median household income of $54,599, providing context for the relative tax burden on homeowners in this area.

Mississippi reassesses property at market value following a sale, with no statewide cap on assessment increases. Harrison County homeowners qualify for a Homestead Exemption ($7,500 off assessed value) by filing with the Harrison County Assessor within 90 days of occupancy. Request the assessor's office to provide written confirmation that your exemption has been recorded.