39666 Property Tax Rate

Property owners in ZIP code 39666 (Summit, Mississippi) pay a median of $933/year in property taxes on homes valued at $155,400. This translates to an effective tax rate of 0.60%, which is 18% below the Mississippi state average of 0.73%.

The monthly property tax burden for a median-valued home in 39666 is approximately $78, which factors into escrow payments on mortgages. This ZIP code is located within Pike County.

Compared to similar ZIP codes in Mississippi, 39666 has higher property taxes. ZIP codes with similar effective rates include 39150 (0.60%) and 39320 (0.60%).

In Summit, property taxes represent approximately 2.1% of the median household income of $44,836, providing context for the relative tax burden on homeowners in this area.

Mississippi reassesses property at fair market value upon sale, and there is no statewide cap on assessment increases for existing owners. Pike County offers a Homestead Exemption ($300 off assessed value for owner-occupied primary residences) — apply with the Pike County Assessor's office. File your homestead exemption application with the Pike County Assessor before the start of the following tax year to secure the exemption on your assessment roll.