HousingHandbookReference data

U.S. ZIP Code · MS38701

Washington County

Typical home value

$61,469[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-21.9%
5-year / yr
-11.5%
10-year / yr

Relative price

vs U.S.
-78.4%
vs metro
vs state
-59.5%
ZIP 38701 location in MS
Location of ZIP 38701 in MS

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 38701 is worth $61,469. Over the past year, values have fallen 21.9%. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$644[3]

#Climate risk

FEMA National Risk Index ratings for Washington County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively High
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Very Low

#Who lives here

Population
20,853[3]
Median household income
$40,854[3]

#Migration

Household moves in and out of Washington County over a year, from IRS tax-return data.

Net migration
-278[5]
Moved in
707
Moved out
985

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
11
Elementary
5
Middle
3
High
2
  • GREENVILLE HIGH SCHOOL

    High · Grades 9–12 · GREENVILLE PUBLIC SCHOOLS

    811 students

  • T.L. WESTON MIDDLE SCHOOL

    Middle · Grades 6–8 · GREENVILLE PUBLIC SCHOOLS

    440 students

  • O'BANNON HIGH SCHOOL

    High · Grades 7–12 · WESTERN LINE SCHOOL DISTRICT

    429 students

  • COLEMAN MIDDLE SCHOOL

    Middle · Grades 6–8 · GREENVILLE PUBLIC SCHOOLS

    330 students

  • AKIN ELEMENTARY SCHOOL

    Elementary · Grades 1–5 · GREENVILLE PUBLIC SCHOOLS

    313 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$311
Loan principal$49,175
Down payment$12,294
Total interest paid$62,720

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$416
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 38701?
The typical home in 38701 is worth $61,469, based on the Zillow Home Value Index.
Are home values rising in 38701?
Home values in 38701 are down 21.9% over the past year, and down 11.5% a year over five years.
What is the property tax rate in 38701?
The effective property tax rate in 38701 is 1.0% — roughly $644 a year on a typical home.
Who lives in 38701?
ZIP code 38701 has a population of 20,853 and a median household income of $40,854.

Compare ZIPs

Pit ZIP 38701 against any other ZIP — full side-by-side table.

Compare 38701

#Articles featuring this ZIP

Explainers, guides, and lists that use 38701 as an example.

#Jump to section