Cleveland, MS — income, home value, property tax, and sales tax.
In ZIP code 38740, which takes in Cleveland, median household income sits at $49,172, while per-capita income is $25,144. County-level property taxes run at an effective rate of 0.73%, so a home's assessed value translates into a comparatively contained annual bill. Sales tax combines to 7.00% on purchases. Together, these figures sketch a pocket of Mississippi where earnings are lower than the national midpoint but housing costs stay tame, and the tax structure leans more on what people buy than on what they own. Households here keep a workable share of each paycheck after taxes, with neither levy dominating the ledger.
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