Property Tax & Income in Tishomingo County, Mississippi
Tishomingo County has an effective property tax rate of 0.49%. On the median home value of $145,100, that's roughly $705 per year. Median household income is $53,040.
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 | Tishomingo County | Mississippi (state context) |
|---|---|---|
| Effective property tax rate1 | 0.49% | 0.69% |
| Median home value1 | $145,100 | — |
| 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 Tishomingo County, MS
In Tishomingo County, Mississippi, homes carry a median value of $145,100, and the annual property tax bill on such a home comes to about $705. That works out to an effective rate of 0.486%, well beneath Mississippi's statewide median of 0.694% and lower still than the national figure of 0.794%. Among the state's 81 counties, this one ranks 78th for property tax rate, placing it near the bottom. Buyers looking around Belmont, the county's larger town, will find that household incomes here average $53,040, with per-capita income at $30,989. Pairing a below-average tax rate with home prices that sit under many national markets means the ongoing cost of owning property stays comparatively contained, an arrangement that can suit purchasers watching their monthly outlay as much as the sticker price.