What is the property tax rate in Mississippi?

Mississippi has an effective property tax rate of 0.74%, ranking it #32 out of 50 states. The median homeowner pays $1,189 per year.

How are property taxes calculated in Mississippi?

Property taxes in Mississippi are calculated by multiplying the assessed value of your property by the local tax rate (millage rate). The effective rate shown here (0.74%) represents the median taxes paid as a percentage of median home value across the state.

Which county in Mississippi has the lowest property taxes?

Among Mississippi's 82 counties, Yazoo County has one of the lowest effective property tax rates.

Does Mississippi have a homestead exemption?

Yes, Mississippi offers several property tax exemptions including: General Homestead, Over 65/Disabled, Disabled Veteran. See the exemptions section above for details.

Mississippi Property Tax Rate

2023 Data · 82 Counties

0.74%effective rate

Mississippi has an effective property tax rate of 0.74%, ranking it #32 among all 50 states. The median homeowner in Mississippi pays $1,189 per year in property taxes on a home valued at $161,400. This rate is 22% lower than the national average of 0.95%.

Effective Tax Rate📊

0.74%

#32 of 50 states

Median Tax Paid🏠

$1,189

Per year

Median Home Value💰

$161,400

2023 estimate

Total Counties📍

Population: 2,951,438

Property Tax Rates by County in Mississippi

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Coahoma County	1.24%	$1,071	$86,400
#2	Quitman County	1.15%	$792	$68,600
#3	Humphreys County	1.10%	$980	$88,800
#4	Leflore County	1.06%	$1,037	$98,200
#5	Grenada County	1.01%	$1,247	$123,400
#6	Noxubee County	1.01%	$861	$85,200
#7	Jefferson County	1.00%	$816	$81,400
#8	Lauderdale County	0.98%	$1,223	$124,500
#9	Pike County	0.93%	$1,027	$110,500
#10	Sharkey County	0.93%	$1,008	$108,000
#11	Hinds County	0.92%	$1,389	$151,200
#12	Holmes County	0.91%	$695	$76,500
#13	Montgomery County	0.90%	$992	$110,700
#14	Adams County	0.89%	$941	$106,300
#15	Neshoba County	0.89%	$856	$96,600
#16	Yazoo County	0.89%	$1,150	$129,200
#17	Jones County	0.88%	$1,116	$126,800
#18	Sunflower County	0.88%	$909	$103,400
#19	Wilkinson County	0.86%	$691	$80,200
#20	Warren County	0.85%	$1,234	$144,400

How Mississippi Compares

Mississippi

0.74%

National Average

0.95%

Neighboring States

Calculate Your Property Tax in Mississippi

Property Tax Calculator

Estimate your annual property tax based on your location and home value

State

County

Home Value

$50k$2M

Apply homestead exemption ($100,000 reduction)

Estimated Annual Property Tax

$2,220

$185/month · Rate: 0.74%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

0.74%

Mississippi Property Tax Exemptions

✓

General Homestead

First $7,500 of assessed value (approximately $75,000 market value)

Primary residence owners

✓

Over 65/Disabled

First $7,500 of assessed value (same homestead applies; fully disabled may receive 100% exemption)

Homeowners age 65+ or totally disabled

✓

Disabled Veteran

100% exemption for totally disabled veterans

Veterans with 100% service-connected disability

Nearby States

Alabama

0.38%

Arkansas

0.57%

Louisiana

0.55%

Tennessee

0.55%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2023 American Community Survey 5-Year Estimates. Effective tax rates are calculated by dividing median real estate taxes paid by median home value.