Monroe County, Mississippi Property Taxes
Census Bureau ACS property tax data for Mississippi. Population: 10,482.
The median annual property tax in Monroe County is $859, which is 8% lower than the Mississippi state average and 55% below the national average. The effective tax rate is 0.75% on a median home value of $115,200. Property taxes represent 1.7% of the median household income in this county.
Median Annual Tax
$859
-8% vs State
-55% vs US
Median Home Value
$115,200
-10% vs State
-46% vs US
Effective Tax Rate
0.75%
+1% vs State
-21% vs US
With vs Without Mortgage
With Mortgage
$1,009
$84/mo
Without Mortgage
$599
$50/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $859 +1.7% | 0.75% |
| 2022 | $845 +7.2% | 0.77% |
| 2021 | $788 +4.0% | 0.77% |
| 2020 | $758 +2.3% | 0.76% |
| 2019 | $741 | 0.81% |
Tax Burden
Tax-to-Income Ratio
1.7%
of median household income
Median Income
$51,231
per year
Monthly Tax
$72
per month
Other Counties in Mississippi
Bolivar County
Tax: $961/yr Rate: 0.78%
Kemper County
Tax: $539/yr Rate: 0.60%
Franklin County
Tax: $613/yr Rate: 0.64%
Clarke County
Tax: $570/yr Rate: 0.50%
Tippah County
Tax: $963/yr Rate: 0.75%
Stone County
Tax: $991/yr Rate: 0.61%
Frequently Asked Questions
What is the average property tax in Monroe County, Mississippi? ▼
The median annual property tax in Monroe County is $859 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.75% on a median home value of $115,200.
How does Monroe County property tax compare to the national average? ▼
Property taxes in Monroe County are 55% below the national average of $1,923. The effective rate of 0.75% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Monroe County? ▼
In Monroe County, homeowners with a mortgage pay a median of $1,009 in annual property taxes, while homeowners without a mortgage pay $599. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Monroe County? ▼
Property taxes in Monroe County represent approximately 1.7% of the median household income of $51,231. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.