Loan Tax CalculatorMississippi property tax
Effective rate
0.58%
Median home value
$181,232
Average annual tax
$1,051
Rank of 51
#34
1 = highest effective rate
Mississippi's rate is 0.32 points below the national average of 0.90%. On the median-priced Mississippi home, that's about $88 per month added to the mortgage payment.
Estimate your Mississippi property tax
Annual tax—
Monthly escrow—
At the average effective rate of 0.58%. Local county and municipal rates vary.
Tax on typical home values
| Home value | Annual tax | Monthly escrow |
|---|---|---|
| $250,000 | $1,450 | $121 |
| $400,000 | $2,320 | $193 |
| $600,000 | $3,480 | $290 |
How Mississippi compares
Mississippi (this state)0.58%
Arkansas0.55%
Louisiana0.55%
Tennessee0.49%
Alabama0.38%
National average0.90%
Homestead exemptions & relief
Three-tier system: Tier 1 ($300 annual credit for all owner-occupants); Tier 2 ($7,500 off assessed value for income ≤$7,500); Tier 3 (complete exemption for total service-connected disability veterans)