StateRates

Lauderdale County, Mississippi property tax

The median homeowner in Lauderdale County, Mississippi pays $1,223 a year in property tax on a home worth $124,500, an effective rate of 0.98%. The national effective rate is 0.98%.

Effective rate 0.98% #8 of 80 in Mississippi
Median tax bill $1,223 per year
Median home value $124,500 owner-occupied
Median income $50,033 household

What the rate means here

Lauderdale County taxes property at 0.98%, within a rounding error of the national 0.98%. That makes the $1,223 median bill mostly a statement about local house prices rather than about local tax policy.

It ranks #8 of 80 Mississippi counties by effective rate, against a statewide 0.74%, and #1,085 nationally. The state runs from 1.24% in Coahoma County down to 0.44% in Tunica County.

The median home costs 2.49 times the median household income of $50,033, against 3.86 nationally, which is a comfortable ratio by American standards. 63.23% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 71,984 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 $2,450 per year at 0.98%
$400,000 home $3,920 per year at 0.98%
$600,000 home $5,880 per year at 0.98%

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

Housing and income

Lauderdale County, Mississippi against Mississippi and the country
Lauderdale County Mississippi United States
Effective property tax 0.98% 0.74% 0.98%
Median tax bill $1,223 $1,189 $2,969
Median home value $124,500 $161,400 $303,400
Median gross rent $897 $923 $1,348
Median household income $50,033 $54,915 $78,538
Home price to income 2.49× 2.94× 3.86×
Rent as share of income 21.51% 20.17% 20.6%
Owner-occupied 63.23% 69.47% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 71,984.

Nearby counties of similar size

Other Mississippi counties
County Rate Median bill Home value
Jones County 0.88% $1,116 $126,800
Forrest County 0.84% $1,284 $152,900
Lamar County 0.67% $1,459 $218,700
Lee County 0.72% $1,356 $187,800
Lowndes County 0.64% $1,008 $157,400

Lauderdale County property tax: common questions

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

The effective rate is 0.98% of home value, from a median tax bill of $1,223 against a median home value of $124,500. That is 0 points above the national 0.98%.

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

Roughly $3,920 a year at the county effective rate of 0.98%.

Is Lauderdale County expensive compared with the rest of Mississippi?

It ranks #8 of 80 Mississippi counties by effective property tax rate, and #1085 of 2,826 nationally. That is 0.24 points above the Mississippi average of 0.74%.

What does housing cost in Lauderdale County?

The median home is worth $124,500 and median gross rent is $897 a month. Median household income is $50,033, which puts the home at 2.49 times annual income and rent at 21.51% of it.