Mississippi Property Tax Calculator 2026

Mississippi Property Tax Overview

Mississippi has an effective property tax rate of 0.81%, making it near the national average among all 50 states. The average annual property tax in Mississippi is $1,270 on a median home value of $156,800.

• Effective tax rate: 0.81%
• Assessment ratio: 10%
• Median home value: $156,800
• Average annual tax: $1,270 ($106/month)

How Mississippi Property Tax Works

Mississippi properties are assessed at 10% of market value. The assessed value is then multiplied by the local millage rate to determine your annual tax bill.

Mississippi Property Tax = Assessed Value × Local Millage Rate

Local millage rates vary by county, city, school district, and special districts within Mississippi. Your total rate is the sum of all applicable levies.

Mississippi Property Tax Exemptions

• Homestead exemption: $7,500 exemption on assessed value for homeowners
• Senior exemption: Available in most counties — check your local assessor's office for specific amounts and age thresholds (typically 65+)
• Veteran exemption: Disabled veterans (10%+ rating) may qualify for additional exemptions — varies by county. Contact your county assessor for details
• Disability exemption: Disability exemptions available in most counties — typically mirrors the senior exemption. Contact your county assessor for specific amounts

How Mississippi Compares to Neighboring States

How to Appeal Your Mississippi Property Tax

If you believe your Mississippi property is over-assessed, you have the right to appeal:

• 1. Contact your county assessor — Review your assessment for errors in square footage, lot size, or condition
• 2. Gather comparable sales — Find 3-5 similar homes sold recently in your Mississippi neighborhood with lower values
• 3. File by the deadline — Mississippi appeal deadlines vary by county; check your assessment notice
• 4. Present evidence — Focus on facts and comparable data, not complaints about tax rates
• 5. Success rate: 50-70% of Mississippi property tax appeals result in a reduction