2026 federal, state and local taxes
Estimate your 2026 Mississippi property tax. At the state's 0.74% average rate, a $180,000 home pays about $1,332 a year.
| Home Value | MS Effective Rate | Annual Property Tax | Monthly Escrow | At the U.S. Average (0.90%) |
|---|---|---|---|---|
| $250,000 | 0.74% | $1,850 | $154 | $2,250 |
| $350,000 | 0.74% | $2,590 | $216 | $3,150 |
| $500,000 | 0.74% | $3,700 | $308 | $4,500 |
| $650,000 | 0.74% | $4,810 | $401 | $5,850 |
| $800,000 | 0.74% | $5,920 | $493 | $7,200 |
| $1,000,000 | 0.74% | $7,400 | $617 | $9,000 |
| State | Average Rate | Typical Home | Bill on Typical Home | Bill on $350,000 |
|---|---|---|---|---|
| Mississippi | 0.74% | $180,000 | $1,332 | $2,590 |
| Arkansas | 0.57% | $205,000 | $1,169 | $1,995 |
| Louisiana | 0.55% | $205,000 | $1,128 | $1,925 |
| Tennessee | 0.55% | $320,000 | $1,760 | $1,925 |
| Alabama | 0.39% | $226,000 | $881 | $1,365 |
Statewide average effective rates; local rates vary a lot within each state.
Pick a state to see its 2026 tax rules and results for common salaries or home values.
Mississippi's average effective property tax rate is 0.74% of a home's value each year, the 15th highest of 51, in the top third. On the state's typical home, worth about $180,000, that comes to roughly $1,332 a year, or $111 a month in escrow.
Because home prices differ so much, the yearly bill ranks differently from the rate: Mississippi's bill on a typical home is 5th from the bottom of 51, among the lowest. On a $350,000 home it would be about $2,590.
Of Mississippi's neighbors, Alabama (0.39%), Louisiana (0.55%), Tennessee (0.55%) and Arkansas (0.57%) have a lower average rate; the table below lists them all.
These are Mississippi averages; your county, city and school district set the actual bill.
About $2,220 a year ($185 a month) at Mississippi's 0.74% average rate. A $500,000 house would pay about $3,700.
Not especially. Mississippi's average rate of 0.74% ranks 15th of 51.
Mississippi's state rate is 7.00% and local add-ons average 0.06%, for a combined average of 7.06%, 24th of 51, near the middle.