Mississippi Property Tax Information (2012-2013) [Go To Different State]

Mississippi Property Taxes [Go To Different State]

$508.00

Avg. 0.52% of home value

Tax amount varies by county

The median property tax in Mississippi is $508.00 per year for a home worth the median value of $98,000.00. Mississippi counties collect an average of 0.52% of a property's estimated fair market value as property tax.

Mississippi has one of the lowest median property tax rates in the United States, with only three states collecting a lower median property tax than Mississippi.

Mississippi's median income is $45,925 per year - the average yearly property tax paid by Mississippi residents amounts to 1.11% of their yearly income. Mississippi is ranked 46th of the 50 states for property taxes as a percentage of median income.

The exact property tax levied depends on the county in Mississippi the property is located in. Madison County collects the highest property tax in Mississippi, levying an average of $1,204.00 (0.66%) yearly in property taxes, while Tunica County has the lowest property tax in the state, collecting an average tax of $-1.00 (-1%) per year.

Mississippi Property Tax Calculator

While the exact property tax rate you will pay will vary by county and is set by the local property tax assessor, you can use the free Mississippi Property Tax Estimator Tool to calculate your approximate yearly property tax based on average property tax rates across Mississippi.

If you would like to get a more accurate property tax estimation, choose the county your property is located in from the list on the left. Property tax averages from this county will then be used to determine your estimated property tax.

You can choose any county from our list of Mississippi counties for detailed information on that county's property tax, including average tax amounts and a county-specific tax calculator tool.