Fernwood, MS — income, home value, property tax, and sales tax.
In ZIP code 39635, near Fernwood, property owners pay a county-level effective rate of 0.88%, while purchases carry a combined sales tax of 7.00%. That pairing points to a working-class to middle-income area, where housing costs stay within reach and the tax structure leans on consumption rather than steep assessments. The sales rate is the more noticeable of the two, applying to everyday goods and services, whereas the property levy takes a smaller slice of home value each year. Together they shape a cost-of-living picture in which owning a home here carries less of a tax weight than daily spending does.