Property Tax & Income in Marshall County, Mississippi
Marshall County has an effective property tax rate of 0.72%. On the median home value of $167,900, that's roughly $1,213 per year. Median household income is $53,458.
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 | Marshall County | Mississippi (state context) |
|---|---|---|
| Effective property tax rate1 | 0.72% | 0.69% |
| Median home value1 | $167,900 | — |
| 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 Marshall County, MS
In Marshall County, Mississippi, the median home value of $167,900 pairs with an annual real-estate tax bill of about $1,213, based on an effective rate of 0.722%. That rate sits above Mississippi's statewide median of 0.694% and ranks 32nd among the state's 81 counties, yet it lands below the national median of 0.794%. For buyers eyeing Red Banks or elsewhere in the county, the practical result is a housing market where both prices and tax bills stay well under what many parts of the country demand. With median household income at $53,458 and per-capita income at $28,455, the yearly tax obligation amounts to roughly 2.3% of a household's earnings, a share that leaves breathing room for other costs. Anyone weighing a move here can expect comparatively gentle carrying costs alongside the lower purchase prices.