Mississippi · Property Tax & Closing Costs
Mississippi property tax by county
Property tax rates, median home values, and closing cost estimates for all 81 counties in Mississippi. The average effective rate across the state is 0.72%, ranking Mississippi 27 of 51. Data is sourced from the US Census Bureau American Community Survey 2024 5-year estimates.
Average rate
0.72%
across 81 counties
National rank
#27
of 51, highest rate first
Median home value
$122,300
county median in state
Rate range
0.38%–1.12%
Amite County → Coahoma County
Same home, different county
On a $122,300 home (the typical county median in Mississippi), the annual property tax bill depends heavily on where you buy:
Difference
$903/yr
$75/mo · $9,026 over 10 years
Estimate: purchase price × each county's effective rate. Actual bills depend on assessed value, local levies, and exemptions.
Lowest property tax rates in Mississippi
The five Mississippi counties with the lowest effective property tax rates, useful for buyers comparing total cost of ownership across the state.
| County | Rate |
|---|---|
| Amite County | 0.38% |
| Smith County | 0.42% |
| Choctaw County | 0.48% |
| Tishomingo County | 0.49% |
| Claiborne County | 0.49% |
Highest property tax rates in Mississippi
The five Mississippicounties with the highest effective property tax rates. High rates often reflect strong school district funding or municipal services rather than weakness, but they materially change a buyer's monthly carrying cost.
| County | Rate |
|---|---|
| Coahoma County | 1.12% |
| Quitman County | 1.06% |
| Grenada County | 1.03% |
| Leflore County | 1.02% |
| Montgomery County | 1.00% |
Mississippi real estate transfer tax
Mississippi does not charge a state real estate transfer tax, so buyers and sellers avoid a cost that adds thousands of dollars at closing in many other states.
Mississippi is an attorney-closing state: expect a real estate attorney fee of roughly $600–$1,500 at closing.
Official Mississippi source → · Verified April 2026
Closing costs in Mississippi
Across Mississippi's 81 counties, buyer closing costs run $3,067 to $9,107 at each county's median home value with 20% down. Cash needed at closing, with closing costs and the down payment, runs $16,987 to $72,134. Pick your county for your own figures.
Mississippi closing cost calculatorMississippi property tax exemptions
Ways buyers in Mississippi may reduce their annual property tax. These programs apply statewide; verify county specifics with your local assessor.
Regular Homestead Exemption
Mississippi homeowners under 65 who own and occupy a primary residence qualify for a homestead exemption providing up to ~$300 in tax credit against ad valorem taxes.
View official source →Over-65 / Disabled Homestead Exemption
Starting January 1, 2026, qualified homeowners age 65+ or totally disabled are exempt from ad valorem tax on up to $12,500 of assessed value (increased from $7,500).
View official source →Disabled Veterans Exemption
Veterans who are honorably discharged and 100% service-connected disabled receive a full ad valorem tax exemption on the homestead. Also available to unremarried surviving spouses.
View official source →Last verified April 2026. Exemption amounts and eligibility change frequently. Always confirm with your county assessor before claiming.
All 81 counties in Mississippi
Effective property tax rate, median home value, and median annual taxes paid for every county in Mississippi. Click a county to open its full property tax calculator and closing cost breakdown.
Source: US Census Bureau American Community Survey 2024 5-year estimates, tables B25077 (median home value) and B25103 (median real estate taxes paid). Effective rate is computed as median taxes paid divided by median home value at the county level and represents the typical owner-occupied home. Actual bills vary by purchase price, exemptions, and special assessments.