Like most states in the US, Mississippi charges property taxes too. Irrespective of the fact you own a residential property or commercial, taxes are levied on both property types across all counties in Mississippi. It is important to understand property taxes as they are an important part of closing costs and appear in the ALTA statement as well.
Generally, property tax payments are due by February 1st of each year. If you are a property owner then a tax of 10% is assessed on the total amount of your residential property. For others, it is 15%.
Property Tax rates across counties in Mississippi:
Property taxes are paid as a percentage of the total value of the property owned. In Mississippi, property taxes are relatively cheaper and comes to 0.79% of the value of the property with some variations from one county to another. Here is the list of the median value and tax rate of property taxes across all counties in Mississippi.
Property Tax rates across counties in Mississippi:
Property taxes are paid as a percentage of the total value of the property owned. In Mississippi, property taxes are relatively cheaper and comes to 0.98% of the value of the property with some variations from one county to another. Here is the list of median value of property taxes.
| County |
Median Annual Tax |
Tax Rate |
| Adams County |
$766 |
0.83% |
| Alcorn County |
$642 |
0.69% |
| Amite County |
$439 |
0.58% |
| Attala County |
$678 |
0.89% |
| Benton County |
$378 |
0.55% |
| Bolivar County |
$884 |
0.93% |
| Calhoun County |
$669 |
0.99% |
| Carroll County |
$717 |
0.80% |
| Chickasaw County |
$666 |
1.01% |
| Choctaw County |
$396 |
0.49% |
| Claiborne County |
$518 |
0.82% |
| Clarke County |
$510 |
0.64% |
| Clay County |
$598 |
0.68% |
| Coahoma County |
$830 |
1.24% |
| Copiah County |
$607 |
0.62% |
| Covington County |
$446 |
0.57% |
| DeSoto County |
$1,253 |
0.77% |
| Forrest County |
$1,139 |
0.94% |
| Franklin County |
$491 |
0.64% |
| George County |
$821 |
0.75% |
| Greene County |
$669 |
0.83% |
| Grenada County |
$848 |
0.85% |
| Hancock County |
$988 |
0.68% |
| Harrison County |
$1,104 |
0.76% |
| Hinds County |
$1,206 |
1.05% |
| Holmes County |
$530 |
0.94% |
| Humphreys County |
$709 |
1.03% |
| Itawamba County |
$723 |
0.81% |
| Jackson County |
$1,072 |
0.83% |
| Jasper County |
$609 |
0.83% |
| Jefferson County |
$523 |
0.84% |
| Jefferson Davis County |
$550 |
0.65% |
| Jones County |
$780 |
0.85% |
| Kemper County |
$387 |
0.54% |
| Lafayette County |
$1,429 |
0.76% |
| Lamar County |
$1,248 |
0.73% |
| Lauderdale County |
$908 |
0.98% |
| Lawrence County |
$641 |
0.69% |
| Leake County |
$545 |
0.69% |
| Lee County |
$1,067 |
0.81% |
| Leflore County |
$891 |
1.12% |
| Lincoln County |
$761 |
0.76% |
| Lowndes County |
$756 |
0.57% |
| Madison County |
$1,565 |
0.73% |
| Marion County |
$656 |
0.77% |
| Marshall County |
$944 |
0.87% |
| Monroe County |
$704 |
0.80% |
| Montgomery County |
$691 |
0.86% |
| Neshoba County |
$673 |
0.83% |
| Newton County |
$660 |
0.80% |
| Noxubee County |
$550 |
0.90% |
| Oktibbeha County |
$1,431 |
0.89% |
| Panola County |
$612 |
0.79% |
| Pearl River County |
$932 |
0.72% |
| Perry County |
$581 |
0.69% |
| Pike County |
$760 |
0.83% |
| Pontotoc County |
$686 |
0.67% |
| Prentiss County |
$707 |
0.77% |
| Quitman County |
$524 |
1.00% |
| Rankin County |
$1,075 |
0.67% |
| Scott County |
$597 |
0.87% |
| Sharkey County |
$659 |
1.07% |
| Simpson County |
$580 |
0.69% |
| Smith County |
$527 |
0.55% |
| Stone County |
$857 |
0.73% |
| Sunflower County |
$899 |
1.22% |
| Tallahatchie County |
$592 |
0.93% |
| Tate County |
$1,139 |
0.97% |
| Tippah County |
$633 |
0.76% |
| Tishomingo County |
$444 |
0.52% |
| Tunica County |
$459 |
0.45% |
| Union County |
$690 |
0.73% |
| Walthall County |
$628 |
0.69% |
| Warren County |
$867 |
0.73% |
| Washington County |
$702 |
0.94% |
| Wayne County |
$547 |
0.65% |
| Webster County |
$597 |
0.72% |
| Wilkinson County |
$548 |
0.78% |
| Winston County |
$606 |
0.72% |
| Yalobusha County |
$572 |
0.69% |
| Yazoo County |
$752 |
0.92% |
How to calculate property taxes in Mississippi?
Calculating the property tax for any county in Mississippi is easy. Simply use the following formula
Total property tax payable = (Property Value* rate of tax for the county)
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100
Are there any exemptions for property tax in Mississippi?
Qualified homeowners are allowed an exemption from certain ad valorem taxes based on the assessed value of their home. Persons who are 65 years of age and older or who are disabled, upon application and proof of eligibility, are exempt from all ad valorem taxes up to $7,500.00 of assessed value.