StateRates

Neshoba County, Mississippi property tax

The median homeowner in Neshoba County, Mississippi pays $856 a year in property tax on a home worth $96,600, an effective rate of 0.89%. The national effective rate is 0.98%.

Effective rate 0.89% #14 of 80 in Mississippi
Median tax bill $856 per year
Median home value $96,600 owner-occupied
Median income $53,087 household

What the rate means here

Neshoba County taxes property at 0.89%, within a rounding error of the national 0.98%. That makes the $856 median bill mostly a statement about local house prices rather than about local tax policy.

It ranks #14 of 80 Mississippi counties by effective rate, against a statewide 0.74%, and #1,262 nationally. The state runs from 1.24% in Coahoma County down to 0.44% in Tunica County.

The median home costs 1.82 times the median household income of $53,087, against 3.86 nationally, which is a comfortable ratio by American standards. 75.3% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 28,927 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 $2,225 per year at 0.89%
$400,000 home $3,560 per year at 0.89%
$600,000 home $5,340 per year at 0.89%

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

Housing and income

Neshoba County, Mississippi against Mississippi and the country
Neshoba County Mississippi United States
Effective property tax 0.89% 0.74% 0.98%
Median tax bill $856 $1,189 $2,969
Median home value $96,600 $161,400 $303,400
Median gross rent $759 $923 $1,348
Median household income $53,087 $54,915 $78,538
Home price to income 1.82× 2.94× 3.86×
Rent as share of income 17.16% 20.17% 20.6%
Owner-occupied 75.3% 69.47% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 28,927.

Nearby counties of similar size

Other Mississippi counties
County Rate Median bill Home value
Adams County 0.89% $941 $106,300
Tate County 0.77% $1,328 $173,000
Union County 0.58% $917 $159,100
Copiah County 0.79% $833 $105,600
Scott County 0.80% $718 $89,900

Neshoba County property tax: common questions

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

The effective rate is 0.89% of home value, from a median tax bill of $856 against a median home value of $96,600. That is 0.09 points below the national 0.98%.

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

Roughly $3,560 a year at the county effective rate of 0.89%.

Is Neshoba County expensive compared with the rest of Mississippi?

It ranks #14 of 80 Mississippi counties by effective property tax rate, and #1262 of 2,826 nationally. That is 0.15 points above the Mississippi average of 0.74%.

What does housing cost in Neshoba County?

The median home is worth $96,600 and median gross rent is $759 a month. Median household income is $53,087, which puts the home at 1.82 times annual income and rent at 17.16% of it.