Smith County Property Taxes

Smith County, Mississippi

Effective Tax Rate

0.00%

44% below state avg

Median Annual Tax

$0

$43/mo escrow

#4 of 82 counties in Mississippi

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.46%

vs. Mississippi Avg44% below
vs. National Avg80.6% below

At a Glance

Median Home Value

$114,000

State avg $127,595

Tax w/ Mortgage/yr

$715

$60/mo escrow

Tax w/o Mortgage/yr

$396

$33/mo

State Tax Rate Rank

#4

of 82 counties (1 = lowest)

Data Story

About Property Taxes in Smith County, Mississippi

Smith County taxes rank low nationally

Smith County's effective tax rate of 0.457% sits well below the national median of 0.88%, placing it in the bottom 20% of U.S. counties for property tax burden. A homeowner paying $521 in annual property tax here spends about five times less than the national median of $2,690, even though homes cost roughly 40% less.

Among Mississippi's most tax-friendly

Smith County's 0.457% rate is 39% lower than Mississippi's state average of 0.743%, making it one of the state's easiest counties on property owners. The median tax bill of $521 ranks well below the state median of $931.

Lower taxes than surrounding counties

Smith County residents pay less than neighbors like Sunflower County (0.879% rate) and Tate County (0.768% rate), though they pay slightly more than Tunica County's notably low 0.440%. Among nearby peers, Smith County offers a balanced tax environment without being the absolute lowest in the region.

What $521 buys annually in Smith

On the median home valued at $114,000, Smith County homeowners pay roughly $521 per year—or about $44 monthly. Those with a mortgage typically pay $715 annually when accounting for homestead exemptions and local assessments.

Review your assessment for overages

Even in tax-friendly Smith County, many homeowners discover their properties are assessed above actual market value. A professional assessment appeal could reduce your tax burden further if your home's assessed value exceeds what it would sell for today.

How Smith County Compares

Median Annual Property Tax

Smith County$521
Mississippi State Average$931
National Average$1,924

Smith County

0.46%

Effective rate

Mississippi Avg

0.73%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Smith County, Mississippi?
The effective property tax rate in Smith County, Mississippi is 0.46%. 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 Smith County?
The median annual property tax payment in Smith County is $521. Homeowners with a mortgage pay a median of $715, while those without a mortgage pay $396.
How does Smith County compare to the Mississippi average?
Smith County's effective tax rate of 0.46% is lower than the Mississippi state average of 0.73%. The median annual property tax in Smith County is $521, compared to the state average of $931.
What is the median home value in Smith County, Mississippi?
The median home value in Smith County, Mississippi is $114,000, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Smith County a low property tax area in Mississippi?
Yes — Smith County's effective property tax rate of 0.46% is below the Mississippi average of 0.73%. The median annual property tax of $521 is also lower the state average of $931, making it a relatively affordable area for property taxes.
How does Smith County rank for property taxes in Mississippi?
Smith County ranks #4 out of 82 counties in Mississippi by effective property tax rate (1 = lowest). With a rate of 0.46% and median annual tax of $521, 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.