Grace, MS — income, home value, property tax, and sales tax.
In the 38744 ZIP code near Grace, households bring in a median income of $22,547, while per-capita income sits higher at $29,224. A median home value of $140,700 pairs with a county-level property tax rate of 0.86%, so annual property taxes on such a home would come to roughly $1,210. Sales taxes add 7.00% to purchases. With income well below the home value, housing costs and the combined tax load weigh heavily on local budgets, and everyday spending carries an added 7% at the register.
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