Mississippi Property Tax Calculator
Homeowners in Mississippi pay an average effective property tax rate of 0.58%. The median bill is $1,215 a year on a median home value of $169,800.
Property tax on homes in Mississippi
| Home value | Yearly tax | Monthly |
|---|---|---|
| $200,000 | $1,160 | $97 |
| $300,000 | $1,740 | $145 |
| $400,000 | $2,320 | $193 |
| $500,000 | $2,900 | $242 |
| $750,000 | $4,350 | $363 |
The effective rate was 0.6% a year earlier. Most states let owners who live in their home claim a homestead exemption or credit that lowers the taxable value; check with your county assessor before you budget.
Data: owner-occupied housing, Census American Community Survey 2020–2024 via Tax Foundation. Reviewed 2026-10-25.
Sources: taxfoundation.org
Frequently asked questions
What is the property tax rate in Mississippi?
The average effective rate is 0.58% of home value (37th highest of 50 states and DC). Rates differ by county, city and school district.
How much is property tax on a $300,000 home in Mississippi?
About $1,740 a year ($145 a month) at the statewide average rate.