--- title: "Mississippi Property Tax Calculator (0.65% Effective Rate) | TaxWren" description: "Mississippi homeowners pay a median $1,221 a year in property tax on a median home value of $186,500, an effective rate of 0.65%: the 18th lowest of the 50 states and DC and 26% below the US rate of 0.89%. Estimate the property tax on any Mississippi home." url: https://taxwren.com/property-tax-calculator/mississippi --- 2026 tax year ยท updated Oct 15, 2026 # Mississippi property tax calculator Mississippi homeowners pay a median $1,221 a year in property tax on a median home value of $186,500, an effective rate of 0.65%: the 18th lowest of the 50 states and DC and 26% below the US rate of 0.89%. ## Estimated property tax per year $1,221 $102 a month at 0.6547% - Median tax paid in Mississippi: $1,221 - Median home value there: $186,500 - Same home at the US rate (0.8905%): $1,661 Before exemptions such as a homestead exemption. Rates from the American Community Survey 2024 1-year estimates. ## Mississippi property tax by home value At the statewide effective rate of 0.65%, compared with the same home at the US rate. | Home value | Per year | Per month | At the US rate | | --- | --- | --- | --- | | $200,000 | $1,309 | $109 | $1,781 | | $300,000 | $1,964 | $164 | $2,672 | | $400,000 | $2,619 | $218 | $3,562 | | $500,000 | $3,274 | $273 | $4,453 | | $750,000 | $4,910 | $409 | $6,679 | | $1,000,000 | $6,547 | $546 | $8,905 | ## Mississippi vs. neighboring states | State | Effective rate | Median tax | Median home value | | --- | --- | --- | --- | | Mississippi | 0.65% | $1,221 | $186,500 | | [Louisiana](/property-tax-calculator/louisiana) | 0.53% | $1,187 | $223,200 | | [Arkansas](/property-tax-calculator/arkansas) | 0.52% | $1,113 | $215,600 | | [Tennessee](/property-tax-calculator/tennessee) | 0.45% | $1,488 | $332,600 | | [Alabama](/property-tax-calculator/alabama) | 0.38% | $890 | $233,300 | ## What Mississippi homeowners pay - Median yearly property tax: $1,221 (47th highest of 51); $1,482 for homes with a mortgage and $867 for homes without one. - Median value of an owner-occupied home: $186,500, so a typical home pays about $102 a month. - 829,682 owner-occupied homes in the survey estimate. - Other taxes: see the [Mississippi income tax calculator](/income-tax-calculator/mississippi); sales tax averages 7.06% with local taxes ([Mississippi sales tax calculator](/sales-tax-calculator/mississippi)). These are statewide medians. Your county, city and school district set the rates on your bill, and exemptions (such as a homestead exemption for your main home, or for seniors and veterans) can lower it. Check with your county assessor and the [Mississippi revenue department](https://www.dor.ms.gov) for the rules that apply to you. Source: [US Census Bureau, American Community Survey](https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/1YRData/acsdt1y2024-b25103.dat), American Community Survey 2024 1-year estimates (tables B25103 and B25077, owner-occupied homes). See our [methodology](/methodology). ## Mississippi property tax FAQ ### What is the property tax rate in Mississippi? The effective rate is 0.65% of home value: the median tax paid ($1,221) divided by the median home value ($186,500), from the American Community Survey 2024 1-year estimates. Actual rates are set by counties, cities and school districts and vary within the state. ### How much is property tax on a $300,000 house in Mississippi? About $1,964 a year ($164 a month) at the statewide effective rate, before any exemptions you qualify for. ### Does Mississippi have high property taxes? Mississippi has the 18th lowest effective property tax rate of the 50 states and DC (rank 34 of 51, 1 = highest) and the 47th highest median bill. ### Can I deduct Mississippi property tax? On your federal return, yes, if you itemize: property tax counts toward the state and local tax (SALT) deduction, capped at $40,400 for 2026 together with your state income or sales tax. More for Mississippi - [Mississippi paycheck calculator](/take-home-pay-calculator/mississippi) - [Mississippi income tax calculator](/income-tax-calculator/mississippi) - [Mississippi sales tax calculator](/sales-tax-calculator/mississippi) - [Property tax in every state](/property-tax-calculator)