Property Tax & Income in Union County, Mississippi
Union County has an effective property tax rate of 0.56%. On the median home value of $163,400, that's roughly $918 per year. Median household income is $55,505.
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 | Union County | Mississippi (state context) |
|---|---|---|
| Effective property tax rate1 | 0.56% | 0.69% |
| Median home value1 | $163,400 | — |
| 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 Union County, MS
Buying a home in Union County, Mississippi, near New Albany, comes with a property tax rate of 0.562%, well under the state's 0.694% median and the national figure of 0.794%. That gap matters over time: on a median home value of $163,400, the annual real-estate tax bill runs about $918, or roughly $76 a month. Compare that with household earnings in the county, where the median income sits at $55,505 and per-capita income reaches $28,013, and the tax load stays contained. Among Mississippi's 81 counties, Union County ranks 73rd by property tax rate, placing it near the lower end statewide. For a buyer weighing affordability, the combination of a median-priced home near $163,400 and an effective rate below both state and national medians makes the ongoing cost of ownership easier to absorb than in many other places.