Mississippi Property Tax Calculator

Estimate your annual and monthly property tax in Mississippi based on your home value.

0.79%
Estimated Annual Property Tax
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Mississippi Property Tax Rate Used0%
Monthly Equivalent$0
Home Value$0

Property tax in Mississippi

Mississippi has an average effective property tax rate of approximately 0.79% of a home's assessed value per year, modeled here for estimation purposes. This calculator applies that rate automatically so you can see a realistic annual and monthly property tax estimate for a home in Mississippi without looking up local tax data yourself.

How is property tax calculated in Mississippi?

Property tax in Mississippi is calculated by multiplying your home's assessed value by the state's average effective property tax rate of about 0.79%. Your actual bill may vary based on your county, local millage rates, and any exemptions you qualify for, such as a homestead or senior exemption.

Property tax vs. mortgage payment

If you have an escrow account, your lender collects a portion of your annual Mississippi property tax bill along with your mortgage payment each month, then pays the tax bill on your behalf when it's due. This tool provides an estimate for planning purposes only. See our national property tax calculator to compare other states.

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Frequently Asked Questions

Is Mississippi property tax high or low?

Mississippi's average effective property tax rate of roughly 0.79% is relatively low compared to other US states.

How is my property tax calculated in Mississippi?

Your estimated annual property tax equals your home's value multiplied by Mississippi's average effective property tax rate of about 0.79%. Divide that by 12 to see the monthly equivalent, which is useful if your taxes are collected through a mortgage escrow account.

Is property tax included in my mortgage payment in Mississippi?

If you have an escrow account, which is common when your down payment is less than 20%, your lender collects roughly one-twelfth of your annual Mississippi property tax bill with each mortgage payment and pays the tax authority directly. Without escrow, you pay property tax separately based on your county's schedule.

Can I lower my property tax bill in Mississippi?

Many Mississippi homeowners can reduce their property tax through exemptions such as homestead, senior, veteran, or disability exemptions, or by formally appealing their home's assessed value if they believe it's higher than fair market value. Check with your local county assessor's office for programs you may qualify for.

Is property tax deductible on my federal taxes?

Property tax may be deductible if you itemize deductions, but the SALT (State and Local Tax) deduction is currently capped at $10,000 combined for property tax and state income or sales tax. This cap can significantly limit the benefit for Mississippi homeowners with higher tax bills.

How often is property tax paid in Mississippi?

Payment schedules vary by county within Mississippi — some require a single annual payment, while others split the bill into two or four installments per year. If your taxes are escrowed with your mortgage lender, payments are made on your behalf automatically.

How does Mississippi compare to other states for property tax?

At roughly 0.79%, Mississippi ranks among the lower property tax states nationally, though your county and local millage rate can shift your actual bill up or down.

Does a higher home value mean higher property tax in Mississippi?

Generally yes, since property tax is calculated as a percentage of your home's assessed value using Mississippi's average effective rate of about 0.79%. Use the calculator above with different home values to see how your estimated bill changes.