Red Banks, MS — income, home value, property tax, and sales tax.
In ZIP code 38661, near Red Banks, homes carry a median value of $227,300, and the county-level property tax rate of 0.72% translates to roughly $1,637 a year in taxes on such a home. With median household income at $69,276, that tax bill equals about 2.4% of annual household earnings. Per-capita income sits lower, at $23,013, so the cost of owning property weighs differently across households. A combined sales tax rate of 7.00% applies to purchases in the area, adding another layer to the overall cost of living.
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