Rankin County Property Taxes

Rankin County, Mississippi

Effective Tax Rate

0.00%

48.7% above state avg

Median Annual Tax

$0

$115/mo escrow

#17 of 82 counties in Mississippi

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.62%

vs. Mississippi Avg48.7% above
vs. National Avg48.6% below

At a Glance

Median Home Value

$223,400

State avg $127,595

Tax w/ Mortgage/yr

$1,512

$126/mo escrow

Tax w/o Mortgage/yr

$963

$80/mo

State Tax Rate Rank

#17

of 82 counties (1 = lowest)

Data Story

About Property Taxes in Rankin County, Mississippi

Rankin County's lowest rate in state

Rankin County boasts the lowest effective tax rate at just 0.620%, placing it in the bottom 8% of U.S. counties. At $1,384 annually on a median home value of $223,400, Rankin homeowners pay less than half the national median property tax of $2,690.

Least taxed county in Mississippi group

Rankin County's 0.620% effective rate is the lowest among Mississippi's eight profiled counties and well below the state average of 0.743%. Homeowners benefit from a tax-friendly environment despite higher property values than most rural Mississippi counties.

Competitive advantage in capital region

Rankin County's 0.620% rate beats all comparison counties, including nearby Hinds and Madison counties in the Jackson metro area. This low rate, combined with higher median home values, makes Rankin an attractive county for property owners.

Higher values, lower tax burden overall

With a median home value of $223,400, Rankin County homeowners pay approximately $1,384 annually—the highest dollar amount in this group but still a favorable effective rate. Mortgaged properties average $1,512 per year.

Verify your assessment despite favorable rates

Even in low-tax counties like Rankin, overassessed properties exist on the rolls. If your home's assessed value seems high relative to recent sales, file an appeal with the county assessor to ensure accuracy.

How Rankin County Compares

Median Annual Property Tax

Rankin County$1,384
Mississippi State Average$931
National Average$1,924

Rankin County

0.62%

Effective rate

Mississippi Avg

0.73%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Rankin County, Mississippi?
The effective property tax rate in Rankin County, Mississippi is 0.62%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Rankin County?
The median annual property tax payment in Rankin County is $1,384. Homeowners with a mortgage pay a median of $1,512, while those without a mortgage pay $963.
How does Rankin County compare to the Mississippi average?
Rankin County's effective tax rate of 0.62% is lower than the Mississippi state average of 0.73%. The median annual property tax in Rankin County is $1,384, compared to the state average of $931.
What is the median home value in Rankin County, Mississippi?
The median home value in Rankin County, Mississippi is $223,400, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Rankin County a low property tax area in Mississippi?
Yes — Rankin County's effective property tax rate of 0.62% is below the Mississippi average of 0.73%. The median annual property tax of $1,384 is also comparable to the state average of $931, making it a relatively affordable area for property taxes.
How does Rankin County rank for property taxes in Mississippi?
Rankin County ranks #17 out of 82 counties in Mississippi by effective property tax rate (1 = lowest). With a rate of 0.62% and median annual tax of $1,384, it falls in the lower third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Mississippi

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.