Property Tax & Income in Lamar County, Mississippi
Lamar County has an effective property tax rate of 0.66%. On the median home value of $224,700, that's roughly $1,479 per year. Median household income is $70,909.
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 | Lamar County | Mississippi (state context) |
|---|---|---|
| Effective property tax rate1 | 0.66% | 0.69% |
| Median home value1 | $224,700 | — |
| 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 Lamar County, MS
In Lamar County, Mississippi, the median home value sits at $224,700, and the annual property tax bill on that home comes to about $1,479. That works out to an effective rate of 0.658%, 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, Lamar ranks 52nd by property tax rate. Households here earn a median of $70,909, with per-capita income at $39,058, so the yearly tax bill amounts to roughly two percent of a typical household's earnings. Buyers weighing a move to this part of Mississippi will find that both home prices and the taxes attached to them sit at levels that compare favorably with much of the country.