Smith County, Mississippi Property Taxes
Census Bureau ACS property tax data for Mississippi. Population: 4,660.
The median annual property tax in Smith County is $521, which is 44% lower than the Mississippi state average and 73% below the national average. The effective tax rate is 0.46% on a median home value of $114,000. Property taxes represent 1.0% of the median household income in this county.
Median Annual Tax
$521
-44% vs State
-73% vs US
Median Home Value
$114,000
-11% vs State
-46% vs US
Effective Tax Rate
0.46%
-38% vs State
-52% vs US
With vs Without Mortgage
With Mortgage
$715
$60/mo
Without Mortgage
$396
$33/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 | $521 -16.5% | 0.46% |
| 2022 | $624 +7.6% | 0.52% |
| 2021 | $580 -0.9% | 0.52% |
| 2020 | $585 +6.4% | 0.54% |
| 2019 | $550 | 0.54% |
Tax Burden
Tax-to-Income Ratio
1.0%
of median household income
Median Income
$51,396
per year
Monthly Tax
$43
per month
Other Counties in Mississippi
Issaquena County
Tax: $314/yr Rate: 0.35%
Marshall County
Tax: $1,286/yr Rate: 0.75%
Scott County
Tax: $718/yr Rate: 0.80%
Jasper County
Tax: $710/yr Rate: 0.60%
Lawrence County
Tax: $732/yr Rate: 0.70%
Itawamba County
Tax: $779/yr Rate: 0.64%
Frequently Asked Questions
What is the average property tax in Smith County, Mississippi? ▼
The median annual property tax in Smith County is $521 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.46% on a median home value of $114,000.
How does Smith County property tax compare to the national average? ▼
Property taxes in Smith County are 73% below the national average of $1,923. The effective rate of 0.46% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Smith County? ▼
In Smith County, homeowners with a mortgage pay a median of $715 in annual property taxes, while homeowners without a mortgage pay $396. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Smith County? ▼
Property taxes in Smith County represent approximately 1.0% of the median household income of $51,396. 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.