Montgomery County, Mississippi property tax
The median homeowner in Montgomery County, Mississippi pays $992 a year in property tax on a home worth $110,700, an effective rate of 0.90%. The national effective rate is 0.98%.
What the rate means here
Montgomery County taxes property at 0.90%, within a rounding error of the national 0.98%. With the rate close to typical, the $992 bill is driven by what housing is worth here rather than by how hard it is taxed.
It ranks #12 of 80 Mississippi counties by effective rate, against a statewide 0.74%, and #1,238 nationally. The state runs from 1.24% in Coahoma County down to 0.44% in Tunica County.
The median home costs 2.46 times the median household income of $45,057, against 3.86 nationally, which is a comfortable ratio by American standards. 72.14% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 9,708 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Montgomery County | Mississippi | United States | |
|---|---|---|---|
| Effective property tax | 0.90% | 0.74% | 0.98% |
| Median tax bill | $992 | $1,189 | $2,969 |
| Median home value | $110,700 | $161,400 | $303,400 |
| Median gross rent | $682 | $923 | $1,348 |
| Median household income | $45,057 | $54,915 | $78,538 |
| Home price to income | 2.46× | 2.94× | 3.86× |
| Rent as share of income | 18.16% | 20.17% | 20.6% |
| Owner-occupied | 72.14% | 69.47% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 9,708.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Carroll County | 0.67% | $702 | $105,500 |
| Tunica County | 0.44% | $679 | $154,500 |
| Webster County | 0.57% | $629 | $109,500 |
| Noxubee County | 1.01% | $861 | $85,200 |
| Claiborne County | 0.58% | $470 | $80,800 |
Montgomery County property tax: common questions
What is the property tax rate in Montgomery County, Mississippi?
The effective rate is 0.90% of home value, from a median tax bill of $992 against a median home value of $110,700. That is 0.08 points below the national 0.98%.
How much is property tax on a $400,000 home in Montgomery County?
Roughly $3,600 a year at the county effective rate of 0.90%.
Is Montgomery County expensive compared with the rest of Mississippi?
It ranks #12 of 80 Mississippi counties by effective property tax rate, and #1238 of 2,826 nationally. That is 0.16 points above the Mississippi average of 0.74%.
What does housing cost in Montgomery County?
The median home is worth $110,700 and median gross rent is $682 a month. Median household income is $45,057, which puts the home at 2.46 times annual income and rent at 18.16% of it.