Property Tax & Income in Sharkey County, Mississippi
Sharkey County has an effective property tax rate of 0.88%. On the median home value of $98,000, that's roughly $861 per year. Median household income is $40,000.
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 | Sharkey County | Mississippi (state context) |
|---|---|---|
| Effective property tax rate1 | 0.88% | 0.69% |
| Median home value1 | $98,000 | — |
| 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 Sharkey County, MS
Sharkey County offers one of Mississippi's more affordable entry points for homebuyers, though property taxes run higher than much of the state. With a median home value of $98,000, the median annual tax bill comes to $861, based on an effective rate of 0.879%. That rate sits above Mississippi's statewide median of 0.694% and also edges past the national figure of 0.794%, ranking the county 15th of 81 statewide. Households here earn a median of $40,000, with per-capita income at $21,927, so the tax bill amounts to roughly two percent of median household earnings. Buyers looking near Anguilla, Panther Burn, or Cary will find low purchase prices paired with taxes that are somewhat steeper than average—a trade-off worth weighing against the county's inexpensive housing stock.