Mississippi Property Tax Calculator

Estimate the annual property tax bill on any home in Mississippi. Start with the 0.79% state average effective rate, then edit for your county and homestead exemption.

Property Details

Use market value for most states. CA and FL use lower assessed values — adjust if you know yours.

The state average is a starting point. Your county / city / school district rate may differ — edit to your local rate.

Reduces taxable value. Common in FL ($50K), TX ($100K), and many other states for owner-occupied homes.

Results

Annual Property Tax

$3,160.00

≈ $263.33 / month

Taxable Value

$400,000

Per $1,000

$7.90

Monthly

$263.33

Compared to Mississippi Median

Your annual bill$3,160
State median$1,248
State median home value$158,000

Mississippi Property Tax at a Glance

Mississippi's average effective property tax rate is 0.79%, applied to the median home value of $158K, producing a median annual bill of $1248. Your bill depends on your home's assessed value, county / school district rate, and exemptions. Edit the rate in the calculator above to match your specific county.

Avg. effective rate

0.79%

Median home value

$158K

Median annual tax

$1,248

Example: Property Tax on a $400,000 Home in Mississippi

A $400,000 home in Mississippi at the average effective rate of 0.79% produces an annual property tax of about $3160. Your actual bill could be lower if you claim a homestead exemption, or higher if you're in a high-tax county or school district. Adjust the calculator above to your specifics.

Frequently Asked Questions

How much is property tax on a $400,000 home in Mississippi?

At Mississippi's average effective rate of 0.79%, a $400,000 home costs roughly the rate × home value per year. Your actual bill depends on your county, school district, and any homestead or senior exemptions. The state-wide median is around $1248 on a typical home worth $158000.

What is the property tax rate in Mississippi?

Mississippi's average effective property tax rate is 0.79% of home value. This is the state-wide average — individual counties and cities can be significantly higher or lower. The 'effective rate' already accounts for assessment ratios and typical exemptions, so it's a more practical number than the headline mill rate.

How does Mississippi compare to other states?

An effective rate of 0.79% places Mississippi in a specific tier relative to the national average of about 0.99%. High-tax states like New Jersey (~2.23%) and Illinois (~2.07%) sit at the top, while Hawaii (~0.27%) and Alabama (~0.41%) are at the bottom. Mississippi's position reflects local funding for schools and services.

Does Mississippi have a homestead exemption?

Most states do, but the details vary widely. Florida offers $50,000; Texas offers $100,000 for school-district taxes; many states have smaller flat exemptions ($10,000-$25,000) for primary residences. Add senior, veteran, and disability exemptions on top where applicable. Apply once with your county assessor — it usually renews automatically.

When are property taxes due in Mississippi?

Most states bill annually or semi-annually. Common payment dates are by year-end (Dec 31) or split between two installments (often March/September or April/October). Mortgage holders typically have taxes escrowed and paid by the lender. Check your Mississippi tax authority for exact dates and payment options.

Property Tax in Other States