How much is a home worth in ZIP code 39401?

The typical home in 39401 is worth $148,109, based on the Zillow Home Value Index.

Are home values rising in 39401?

Home values in 39401 are down 0.0% over the past year, and up 1.3% a year over five years.

What is the typical rent in 39401?

A typical home in 39401 rents for about $1,197 a month, a gross rental yield of 9.7%.

What is the property tax rate in 39401?

The effective property tax rate in 39401 is 0.7% — roughly $969 a year on a typical home.

ZIP code 39401 has a population of 42,531 and a median household income of $41,127.

HousingHandbookReference data

…

U.S. ZIP Code · MS39401

Forrest County · Hattiesburg, MS

Typical home value

$148,109^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: 0.0%
5-year / yr: +1.3%
10-year / yr: +2.5%

Relative price

vs U.S.: -47.9%
vs metro: -7.8%
vs state: -2.5%

Price history

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

The typical home in 39401 is worth $148,109 — 7.8% below the Hattiesburg, MS median. Over the past year, values have fallen 0.0%. Homes here rent for a typical $1,197 a month — a 9.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $1,197^[2]
Gross yield: 9.7%^[2]
Cap rate: 5.8%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $969^[3]

#Climate risk

FEMA National Risk Index ratings for Forrest 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: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 42,531^[3]
Median household income: $41,127^[3]

#Migration

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

Net migration: -66^[5]
Moved in: 2,573
Moved out: 2,639

Schools

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

Public schools: 12
Elementary: 7
Middle: 2
High: 2

HATTIESBURG HIGH SCHOOL
High · Grades 9–12 · HATTIESBURG PUBLIC SCHOOL DIST
988 students
N R BURGER MIDDLE SCHOOL
Middle · Grades 7–8 · HATTIESBURG PUBLIC SCHOOL DIST
533 students
DIXIE ATTENDANCE CENTER
Elementary · Grades PK–8 · FORREST COUNTY SCHOOL DISTRICT
507 students
WOODLEY ELEMENTARY SCHOOL
Elementary · Grades PK–5 · HATTIESBURG PUBLIC SCHOOL DIST
461 students
ROWAN ELEMENTARY SCHOOL
Elementary · Grades PK–5 · HATTIESBURG PUBLIC SCHOOL DIST
388 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.

Home value$Monthly rent$

Gross yield9.7%

Net yield (after ~40% expenses)5.8%

Annual rent$14,367

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$749

Loan principal$118,487

Down payment$29,622

Total interest paid$151,124

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.80

Monthly cost to own$953

Monthly rent$1,197

Owning is meaningfully cheaper month-to-month.

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: 33rd percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 78th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 39401?: The typical home in 39401 is worth $148,109, based on the Zillow Home Value Index.
Are home values rising in 39401?: Home values in 39401 are down 0.0% over the past year, and up 1.3% a year over five years.
What is the typical rent in 39401?: A typical home in 39401 rents for about $1,197 a month, a gross rental yield of 9.7%.
What is the property tax rate in 39401?: The effective property tax rate in 39401 is 0.7% — roughly $969 a year on a typical home.
Who lives in 39401?: ZIP code 39401 has a population of 42,531 and a median household income of $41,127.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

39462 vs 39401 →
New Augusta, MS
Typical home
$148,172
Gross yield
—
39423 vs 39401 →
Beaumont, MS
Typical home
$139,989
Gross yield
—
39425
MS
Typical home
$158,407
Gross yield
—
39476
Richton, MS
Typical home
$162,933
Gross yield
—
39455
Lumberton, MS
Typical home
$128,733
Gross yield
—
39465
Petal, MS
Typical home
$224,070
Gross yield
7.1%

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#Jump to section

U.S. ZIP Code · MS39401

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