Property Tax & Income in Holmes County, Mississippi
Holmes County has an effective property tax rate of 0.86%. On the median home value of $80,400, that's roughly $690 per year. Median household income is $32,538.
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 | Holmes County | Mississippi (state context) |
|---|---|---|
| Effective property tax rate1 | 0.86% | 0.69% |
| Median home value1 | $80,400 | — |
| 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 Holmes County, MS
Holmes County's effective property tax rate of 0.858% sits above both benchmarks that matter here: Mississippi's statewide median of 0.694% and the national median of 0.794%. Among the state's 81 counties, it ranks 18th, placing it in the higher-tax tier for Mississippi. That gap shows up in actual dollars — the median home value of $80,400 carries an annual real-estate tax bill of about $690. Because local home values run well below national figures, the higher rate still yields a fairly contained bill in absolute terms. The strain, though, lands harder against a median household income of $32,538 and per-capita income of $22,845, both of which leave less slack than the raw tax figure alone might imply. Communities such as Durant, Pickens, and Tchula reflect the county's largely rural makeup, where property taxes weigh on household budgets shaped by limited earnings.