Tate County, Mississippi property tax
The median homeowner in Tate County, Mississippi pays $1,328 a year in property tax on a home worth $173,000, an effective rate of 0.77%. The national effective rate is 0.98%.
What the rate means here
At 0.77%, Tate County taxes property more lightly than the national 0.98%. The bill works out at $1,328 a year. Low-rate counties usually have another revenue source doing the work, whether that is a state funding formula, sales tax or severance revenue from extraction.
It ranks #33 of 80 Mississippi counties by effective rate, against a statewide 0.74%, and #1,542 nationally. The state runs from 1.24% in Coahoma County down to 0.44% in Tunica County.
The median home costs 2.7 times the median household income of $63,995, against 3.86 nationally, which is a comfortable ratio by American standards. 72.94% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. With 28,135 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
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Tate County | Mississippi | United States | |
|---|---|---|---|
| Effective property tax | 0.77% | 0.74% | 0.98% |
| Median tax bill | $1,328 | $1,189 | $2,969 |
| Median home value | $173,000 | $161,400 | $303,400 |
| Median gross rent | $897 | $923 | $1,348 |
| Median household income | $63,995 | $54,915 | $78,538 |
| Home price to income | 2.7× | 2.94× | 3.86× |
| Rent as share of income | 16.82% | 20.17% | 20.6% |
| Owner-occupied | 72.94% | 69.47% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 28,135.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Union County | 0.58% | $917 | $159,100 |
| Copiah County | 0.79% | $833 | $105,600 |
| Scott County | 0.80% | $718 | $89,900 |
| Leflore County | 1.06% | $1,037 | $98,200 |
| Neshoba County | 0.89% | $856 | $96,600 |
Tate County property tax: common questions
What is the property tax rate in Tate County, Mississippi?
The effective rate is 0.77% of home value, from a median tax bill of $1,328 against a median home value of $173,000. That is 0.21 points below the national 0.98%.
How much is property tax on a $400,000 home in Tate County?
Roughly $3,080 a year at the county effective rate of 0.77%.
Is Tate County expensive compared with the rest of Mississippi?
It ranks #33 of 80 Mississippi counties by effective property tax rate, and #1542 of 2,826 nationally. That is 0.03 points above the Mississippi average of 0.74%.
What does housing cost in Tate County?
The median home is worth $173,000 and median gross rent is $897 a month. Median household income is $63,995, which puts the home at 2.7 times annual income and rent at 16.82% of it.