Property Tax & Income in DeSoto County, Mississippi
DeSoto County has an effective property tax rate of 0.60%. On the median home value of $269,600, that's roughly $1,613 per year. Median household income is $85,297.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | DeSoto County | Mississippi (state context) |
|---|---|---|
| Effective property tax rate1 | 0.60% | 0.69% |
| Median home value1 | $269,600 | — |
| State income tax3 | top rate 4.00% | top rate 4.00% |
| State sales tax3 | 7.06% combined | 7.06% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About DeSoto County, MS
In DeSoto County, Mississippi, the median home value sits at $269,600, and the annual property tax bill on that home comes to about $1,613. That works out to an effective rate of 0.598%, which lands below Mississippi's statewide median of 0.694% and well under the national figure of 0.794%. Among the state's 81 counties, DeSoto ranks 66th by rate, placing it on the lower end for tax costs. Households here earn a median of $85,297, with per-capita income at $38,113. Buyers considering Southaven, Hernando, or Horn Lake can expect property taxes to take a smaller share of income than in many other parts of the country, which can ease the overall cost of owning a home in this part of northern Mississippi.