StateRates

Tunica County, Mississippi property tax

The median homeowner in Tunica County, Mississippi pays $679 a year in property tax on a home worth $154,500, an effective rate of 0.44%. The national effective rate is 0.98%.

Effective rate 0.44% #80 of 80 in Mississippi
Median tax bill $679 per year
Median home value $154,500 owner-occupied
Median income $38,402 household

What the rate means here

At 0.44%, Tunica County taxes property more lightly than the national 0.98%. The bill works out at $679 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.

Inside Mississippi it is among the lightest, ranking #80 of 80, against a statewide 0.74%. Coahoma County, in the same state, charges 1.24%. Comparing states on property tax hides differences like that, which is why this site publishes counties.

The median home costs 4.02 times the median household income of $38,402, 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. This is a small rural county of 9,586 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

$250,000 home $1,100 per year at 0.44%
$400,000 home $1,760 per year at 0.44%
$600,000 home $2,640 per year at 0.44%

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

Housing and income

Tunica County, Mississippi against Mississippi and the country
Tunica County Mississippi United States
Effective property tax 0.44% 0.74% 0.98%
Median tax bill $679 $1,189 $2,969
Median home value $154,500 $161,400 $303,400
Median gross rent $938 $923 $1,348
Median household income $38,402 $54,915 $78,538
Home price to income 4.02× 2.94× 3.86×
Rent as share of income 29.31% 20.17% 20.6%
Owner-occupied 40.78% 69.47% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 9,586.

Nearby counties of similar size

Other Mississippi counties
County Rate Median bill Home value
Montgomery County 0.90% $992 $110,700
Carroll County 0.67% $702 $105,500
Webster County 0.57% $629 $109,500
Noxubee County 1.01% $861 $85,200
Claiborne County 0.58% $470 $80,800

Tunica County property tax: common questions

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

The effective rate is 0.44% of home value, from a median tax bill of $679 against a median home value of $154,500. That is 0.54 points below the national 0.98%.

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

Roughly $1,760 a year at the county effective rate of 0.44%.

Is Tunica County expensive compared with the rest of Mississippi?

It ranks #80 of 80 Mississippi counties by effective property tax rate, and #2580 of 2,826 nationally. That is 0.3 points below the Mississippi average of 0.74%.

What does housing cost in Tunica County?

The median home is worth $154,500 and median gross rent is $938 a month. Median household income is $38,402, which puts the home at 4.02 times annual income and rent at 29.31% of it.