Property Tax for Mississippi (2026)

How This Calculator Works in Mississippi

This calculator estimates your annual Mississippi property tax based on your home's value and the state's average effective rate of 0.81%. Enter your property value to see your estimated annual tax bill.

Mississippi Overview

Mississippi has an effective property tax rate of 0.81%, near the national average of ~1.11%. A defining feature of the state's system is that homestead exemption on first $7,500 of assessed value. 10% assessment ratio for residential, making it important for homeowners to understand local assessment practices and available exemptions.

How Mississippi Compares

Mississippi's property tax rate of 0.81% compares to Alabama at 0.41% and Tennessee at 0.71%. The moderate rate reflects a balanced approach to property taxation.

Mississippi's property tax rate of 0.81% compares to a national average of approximately 1.11%. This is below the national average.

Tips for Mississippi Residents

• 1Mississippi's effective property tax rate of 0.81% is near the national average of ~1.11%. Key feature: homestead exemption on first $7,500 of assessed value.
• 210% assessment ratio for residential. Always verify your assessed value matches your property's actual condition and features.
• 3Appeal your property tax assessment if comparable sales in your area suggest your home is overvalued — Mississippi allows formal protests through the county or local assessor's office.
• 4Check whether you qualify for Mississippi's homestead exemption or other relief programs (senior, disabled, veteran) — these can meaningfully reduce your annual tax bill.
• 5Mississippi property taxes are deductible on your federal return subject to the $10,000 SALT cap. With a 0.81% rate, a $350,000 home owes roughly $2,835/year before exemptions.

Frequently Asked Questions