HousingHandbookReference data

U.S. ZIP Code · MS39428

Covington County

Typical home value

$168,215[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.4%
5-year / yr
+5.0%
10-year / yr
+4.6%

Relative price

vs U.S.
-40.8%
vs metro
vs state
+10.7%
ZIP 39428 location in MS
Location of ZIP 39428 in MS

Price history

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

The typical home in 39428 is worth $168,215. Over the past year, values have risen 3.4%. The effective property tax rate is 0.4%.

#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
0.4%[3]
Typical annual tax
$688[3]

#Climate risk

FEMA National Risk Index ratings for Covington 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 Moderate
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
8,977[3]
Median household income
$46,466[3]

#Migration

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

Net migration
-22[5]
Moved in
391
Moved out
413

Schools

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

Public schools
5
Elementary
2
Middle
0
High
2
  • COLLINS ELEMENTARY

    Elementary · Grades K–6 · COVINGTON COUNTY SCHOOL DISTRICT

    464 students

  • COLLINS HIGH SCHOOL

    High · Grades 7–12 · COVINGTON COUNTY SCHOOL DISTRICT

    424 students

  • HOPEWELL ELEMENTARY SCHOOL

    Elementary · Grades K–6 · COVINGTON COUNTY SCHOOL DISTRICT

    195 students

  • COVINGTON CO VOCATIONAL TECHNICAL

    High · Grades 9–12 · COVINGTON COUNTY SCHOOL DISTRICT

    0 students

  • COVINGTON COUNTY ALTERNATIVE SCHOOL

    Other · Grades K–12 · COVINGTON COUNTY SCHOOL DISTRICT

    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$851
Loan principal$134,572
Down payment$33,643
Total interest paid$171,640

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$1,048
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 39428?
The typical home in 39428 is worth $168,215, based on the Zillow Home Value Index.
Are home values rising in 39428?
Home values in 39428 are up 3.4% over the past year, and up 5.0% a year over five years.
What is the property tax rate in 39428?
The effective property tax rate in 39428 is 0.4% — roughly $688 a year on a typical home.
Who lives in 39428?
ZIP code 39428 has a population of 8,977 and a median household income of $46,466.

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Pit ZIP 39428 against any other ZIP — full side-by-side table.

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