Pearl river county parcel map3/8/2024 ![]() The rate for all other real estate is 15%. Taxes are based on rates and assessed property values determined during the preceding year.įor owner-occupied residential properties the assessed value is equal to 10% of market value (also called true value). Property taxes in Mississippi are due by February 1st of each year. If you’re ready to find an advisor who can help you achieve your financial goals, get started now. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. It includes important information about rates and the different types of loans available.Ī financial advisor can help you understand how homeownership fits into your overall financial goals. ![]() If you are considering becoming a homeowner in Mississippi, a good place to start is with our Mississippi mortgage guide. Mississippi also has a number of rules that reduce the tax burden on homeowners. Property taxes in Mississippi are low, in part, because home values are relatively low. The median annual property tax payment in Mississippi is $1,097, which is significantly lower than the $2,795 national median. Nonetheless, property taxes in Mississippi are quite low. Property taxes support school districts, as well as city and county governments. In Mississippi, taxes on real estate are a key source of local revenue. Mississippi Property Taxes Photo credit: ©/mj0007 ![]()
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