StateRates

Lamar County, Mississippi property tax

The median homeowner in Lamar County, Mississippi pays $1,459 a year in property tax on a home worth $218,700, an effective rate of 0.67%. The national effective rate is 0.98%.

Effective rate 0.67% #52 of 80 in Mississippi
Median tax bill $1,459 per year
Median home value $218,700 owner-occupied
Median income $69,106 household

What the rate means here

At 0.67%, Lamar County taxes property more lightly than the national 0.98%. That puts the median bill at $1,459. Rates this low usually mean the state, rather than the county, carries more of the school funding.

It ranks #52 of 80 Mississippi counties by effective rate, against a statewide 0.74%, and #1,849 nationally. The state runs from 1.24% in Coahoma County down to 0.44% in Tunica County.

The median home costs 3.16 times the median household income of $69,106, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. With 65,081 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

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

What that costs at different home values

$250,000 home $1,675 per year at 0.67%
$400,000 home $2,680 per year at 0.67%
$600,000 home $4,020 per year at 0.67%

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

Housing and income

Lamar County, Mississippi against Mississippi and the country
Lamar County Mississippi United States
Effective property tax 0.67% 0.74% 0.98%
Median tax bill $1,459 $1,189 $2,969
Median home value $218,700 $161,400 $303,400
Median gross rent $1,061 $923 $1,348
Median household income $69,106 $54,915 $78,538
Home price to income 3.16× 2.94× 3.86×
Rent as share of income 18.42% 20.17% 20.6%
Owner-occupied 68.13% 69.47% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 65,081.

Nearby counties of similar size

Other Mississippi counties
County Rate Median bill Home value
Jones County 0.88% $1,116 $126,800
Lowndes County 0.64% $1,008 $157,400
Lauderdale County 0.98% $1,223 $124,500
Lafayette County 0.64% $1,672 $260,500
Pearl River County 0.68% $1,181 $174,500

Lamar County property tax: common questions

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

The effective rate is 0.67% of home value, from a median tax bill of $1,459 against a median home value of $218,700. That is 0.31 points below the national 0.98%.

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

Roughly $2,680 a year at the county effective rate of 0.67%.

Is Lamar County expensive compared with the rest of Mississippi?

It ranks #52 of 80 Mississippi counties by effective property tax rate, and #1849 of 2,826 nationally. That is 0.07 points below the Mississippi average of 0.74%.

What does housing cost in Lamar County?

The median home is worth $218,700 and median gross rent is $1,061 a month. Median household income is $69,106, which puts the home at 3.16 times annual income and rent at 18.42% of it.