39038, Belzoni, MS

Belzoni, Mississippi is located in the southwestern corner of the state and has a population of just over 10,000 people. The 39038 zip code covers a small area of land that includes Belzoni and parts of the town of West Point. Home prices in this zip code are significantly lower than home prices in other areas of Mississippi, but they are still quite high when compared to other areas in the United States.

The average home price in the 39038 zip code was $101,500 as of September 2017. This is much lower than the national average home price which was $247,500 as of September 2017. However, when compared to other zip codes in Mississippi, this is still a high price tag. The 39038 zip code has an average home value per square foot that is $41 less than the statewide average home value per square foot and $8 less than the national average home value per square foot.

One reason why Belzoni homes are cheaper on average than homes elsewhere in Mississippi may be because there is not as much demand for property here. The unemployment rate in Belzoni is only 2%, which is much lower than the statewide unemployment rate which was 5% as of September 2017. Additionally, there are not many major businesses or industries located within this zip code – only two businesses have more than 100 employees and one business has more than 1,000 employees. This lack of industry may contribute to why homes here are cheaper on average relative to other areas within Mississippi.