HousingHandbookReference data

U.S. ZIP Code · MS38901

Grenada County

Typical home value

$136,907[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.0%
5-year / yr
+3.0%
10-year / yr
+3.9%

Relative price

vs U.S.
-51.8%
vs metro
vs state
-9.9%
ZIP 38901 location in MS
Location of ZIP 38901 in MS

Price history

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

The typical home in 38901 is worth $136,907. Over the past year, values have risen 7.0%. The effective property tax rate is 0.8%.

#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
0.8%[3]
Typical annual tax
$1,062[3]

#Climate risk

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

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

#Who lives here

Population
17,832[3]
Median household income
$48,848[3]

#Migration

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

Net migration
-35[5]
Moved in
449
Moved out
484

Schools

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

Public schools
5
Elementary
1
Middle
1
High
3
  • GRENADA ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · GRENADA SCHOOL DIST

    2,006 students

  • GRENADA HIGH

    High · Grades 9–12 · GRENADA SCHOOL DIST

    1,048 students

  • GRENADA MIDDLE SCHOOL

    Middle · Grades 6–8 · GRENADA SCHOOL DIST

    797 students

  • GRENADA ENRICHMENT & TRANSITION CEN

    High · Grades 6–12 · GRENADA SCHOOL DIST

    0 students

  • GRENADA VOC COMPLEX

    High · Grades 9–12 · GRENADA SCHOOL DIST

    0 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$692
Loan principal$109,526
Down payment$27,381
Total interest paid$139,694

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$895
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 38901?
The typical home in 38901 is worth $136,907, based on the Zillow Home Value Index.
Are home values rising in 38901?
Home values in 38901 are up 7.0% over the past year, and up 3.0% a year over five years.
What is the property tax rate in 38901?
The effective property tax rate in 38901 is 0.8% — roughly $1,062 a year on a typical home.
Who lives in 38901?
ZIP code 38901 has a population of 17,832 and a median household income of $48,848.

Compare ZIPs

Pit ZIP 38901 against any other ZIP — full side-by-side table.

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