Southaven, MS — income, home value, property tax, and sales tax.
In the Southaven area, ZIP code 38641 pairs a median home value of $237,400 with an effective property tax rate of 0.60%, which works out to roughly $1,424 in annual county taxes on a median-priced house. With median household income at $96,208 and per-capita income of $43,619, that tax bill absorbs a slim share of yearly earnings, so owning here does not strain most household budgets. A 7.00% combined sales tax applies to purchases instead. The gap between home values and local incomes means buyers earning near the median can carry a mortgage without property taxes becoming the deciding factor.
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