StateRates

Forrest County, Mississippi property tax

The median homeowner in Forrest County, Mississippi pays $1,284 a year in property tax on a home worth $152,900, an effective rate of 0.84%. The national effective rate is 0.98%.

Effective rate 0.84% #20 of 80 in Mississippi
Median tax bill $1,284 per year
Median home value $152,900 owner-occupied
Median income $52,821 household

What the rate means here

Forrest County taxes property at 0.84%, within a rounding error of the national 0.98%. The median bill of $1,284 therefore tracks the median home value of $152,900 fairly directly, which is not true everywhere.

It ranks #20 of 80 Mississippi counties by effective rate, against a statewide 0.74%, and #1,363 nationally. The state runs from 1.24% in Coahoma County down to 0.44% in Tunica County.

The median home costs 2.89 times the median household income of $52,821, against 3.86 nationally, which is a comfortable ratio by American standards. 57.08% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. The county has 78,027 residents, which is small enough that the medians describe a reasonably coherent market.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,100 per year at 0.84%
$400,000 home $3,360 per year at 0.84%
$600,000 home $5,040 per year at 0.84%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Forrest County, Mississippi against Mississippi and the country
Forrest County Mississippi United States
Effective property tax 0.84% 0.74% 0.98%
Median tax bill $1,284 $1,189 $2,969
Median home value $152,900 $161,400 $303,400
Median gross rent $960 $923 $1,348
Median household income $52,821 $54,915 $78,538
Home price to income 2.89× 2.94× 3.86×
Rent as share of income 21.81% 20.17% 20.6%
Owner-occupied 57.08% 69.47% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 78,027.

Nearby counties of similar size

Other Mississippi counties
County Rate Median bill Home value
Lee County 0.72% $1,356 $187,800
Lauderdale County 0.98% $1,223 $124,500
Jones County 0.88% $1,116 $126,800
Lamar County 0.67% $1,459 $218,700
Lowndes County 0.64% $1,008 $157,400

Forrest County property tax: common questions

What is the property tax rate in Forrest County, Mississippi?

The effective rate is 0.84% of home value, from a median tax bill of $1,284 against a median home value of $152,900. That is 0.14 points below the national 0.98%.

How much is property tax on a $400,000 home in Forrest County?

Roughly $3,360 a year at the county effective rate of 0.84%.

Is Forrest County expensive compared with the rest of Mississippi?

It ranks #20 of 80 Mississippi counties by effective property tax rate, and #1363 of 2,826 nationally. That is 0.1 points above the Mississippi average of 0.74%.

What does housing cost in Forrest County?

The median home is worth $152,900 and median gross rent is $960 a month. Median household income is $52,821, which puts the home at 2.89 times annual income and rent at 21.81% of it.