Property Tax on a $800,000 Home in Mississippi

How Much is Property Tax on a $800,000 Home in Mississippi?

Property tax on a $800,000 home in Mississippi typically ranges from $3,200 to $8,000 per year (roughly $267 to $667/month), depending on the county. Based on the statewide average effective rate of 0.65%, you can expect to pay around $5,200/year, or $433/month. Mississippi has relatively low property taxes; primary residences are assessed at 10% of true value, significantly reducing the taxable base.