What is the property tax rate in Mississippi?

Mississippi has an effective property tax rate of 0.72%, ranking it #32 out of 50 states. The median homeowner pays $1,215 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 (0.72%) 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 81 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

81 Counties

0.72%effective rate

Mississippi has an effective property tax rate of 0.72%, ranking it #32 among all 50 states. The median homeowner in Mississippi pays $1,215 per year in property taxes on a home valued at $169,800. This rate is 22% lower than the national average of 0.92%.

Effective Tax Rate📊

0.72%

#32 of 50 states

Median Tax Paid🏠

$1,215

Per year

Median Home Value💰

$169,800

2024 estimate

Total Counties📍

Population: 2,946,779

Property Tax Rates by County in Mississippi

Rank ▲	County	Effective Rate	Median Tax	Median Value
#1	Coahoma County	1.12%	$1,012	$90,300
#2	Quitman County	1.06%	$740	$69,600
#3	Grenada County	1.02%	$1,355	$132,200
#4	Leflore County	1.02%	$1,033	$101,200
#5	Montgomery County	1.00%	$1,269	$126,800
#6	Wilkinson County	0.99%	$895	$90,000
#7	Humphreys County	0.98%	$861	$87,800
#8	Noxubee County	0.96%	$868	$90,800
#9	Sunflower County	0.93%	$930	$100,300
#10	Lauderdale County	0.92%	$1,228	$133,300
#11	Adams County	0.90%	$974	$108,700
#12	Jefferson Davis County	0.89%	$800	$90,100
#13	Neshoba County	0.89%	$893	$100,000
#14	Hinds County	0.88%	$1,403	$159,900
#15	Pike County	0.88%	$975	$110,800
#16	Sharkey County	0.88%	$861	$98,000
#17	Holmes County	0.86%	$690	$80,400
#18	Jefferson County	0.86%	$698	$81,300
#19	Washington County	0.86%	$891	$104,000
#20	Greene County	0.85%	$791	$92,700

How Mississippi Compares

Mississippi

0.72%

National Average

0.92%

Neighboring States

Calculate Your Property Tax in Mississippi

Or open the full Mississippi Property Tax Calculator to estimate your bill by county.

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

$2,160

$180/month · Rate: 0.72%

Home Value

$300,000

Taxable Value

$300,000

Effective Rate

0.72%

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

Not sure which exemption applies to you? See our full homestead exemption guide for all 50 states, including amounts and application deadlines.

When Are Property Taxes Due in Mississippi?

Mississippi real property taxes are assessed for a calendar year and payable the following year; the full amount is due by February 1 (if February 1 falls on a weekend or holiday, payment is accepted the next business day). Some counties offer an optional installment plan (paying portions by Feb 1, May 1, and Aug 1) for larger bills.

Full payment

February 1

Delinquent February 1

If you pay late: Taxes not paid by February 1 are delinquent and accrue interest (commonly 0.5% to 1.5% per month) plus fees; parcels with unpaid real property taxes are sold at the tax sale held the last Monday of August.

See how Mississippi compares in our full guide to property tax due dates for all 50 states.

Nearby States

Alabama

0.38%

Arkansas

0.55%

Louisiana

0.55%

Tennessee

0.50%

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates (the latest available). Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.