Rankin County, Mississippi Property Taxes
Median Rankin County effective property tax rate: 0.91%, significantly lower than the national median of 1.02%.
Median Rankin County home value: $136,735
Median annual Rankin County tax bill: $1,263, $1,137 lower than the national median property tax bill of $2,400.
How are property taxes in Rankin County calculated?
Property taxes in Rankin County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Pearl or another part of Rankin County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rankin County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$1,244
$1,155
Property Tax Rates Across Rankin County, Mississippi
Local government entities determine property tax rates, which can significantly differ within a state. This variation arises because each county calculates its necessary budget for public services annually. They then divide this budget by the total assessed value of all taxable properties in the area, resulting in the property tax rate. Although the process involves votes and regulations, this annual calculation is at its core.
You can compare Rankin County's effective property tax rate to other counties in Mississippi or the U.S. median property tax rate. Rankin County's median property tax rate stands below the national median of 1.02%. Within Mississippi, Rankin County's rate is higher than Morton, which has the lowest median tax rate, but lower than Flowood, which has the highest. Mississippi's property tax rates vary, reflecting the diverse needs and budgets of its counties. Understanding these differences can help property owners make informed decisions about property investments and tax liabilities.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Rankin County Tax Rate
0.91%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Rankin County, Mississippi
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brandon | 0.47% | 0.73% | 0.90% | 1.15% | 1.59% |
Braxton | 0.21% | 0.51% | 0.71% | 1.03% | 1.46% |
Florence | 0.34% | 0.58% | 0.85% | 1.13% | 1.49% |
Flowood | 0.53% | 0.87% | 1.01% | 1.13% | 1.74% |
Jackson | N/A | N/A | N/A | N/A | N/A |
Lena | 0.48% | 0.60% | 0.86% | 1.46% | 1.52% |
Mendenhall | 0.31% | 0.57% | 0.82% | 1.46% | 1.46% |
Morton | 0.32% | 0.54% | 0.68% | 0.93% | 1.46% |
Pearl | 0.41% | 0.77% | 0.95% | 1.46% | 1.90% |
Pelahatchie | 0.40% | 0.57% | 0.84% | 1.46% | 1.83% |
Puckett | N/A | N/A | N/A | N/A | N/A |
Richland | 0.43% | 0.74% | 0.93% | 1.73% | 1.73% |
Sandhill | N/A | N/A | N/A | N/A | N/A |
Star | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Rankin County, Mississippi
When examining property taxes in Rankin County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Rankin County Tax Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Rankin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Rankin County. For example, the median tax bill in Rankin County is $1,346, with tax bills ranging significantly across the county. Flowood has the highest median home price at $196,755.
Property Tax Assessment Values Across Rankin County, Mississippi
Source: Ownwell

$60,595
$128,675
$196,755
Median Rankin County Market Value
$136,735
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Rankin County, Mississippi
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brandon | $61,334 | $109,795 | $160,310 | $228,355 | $307,028 |
Braxton | $23,038 | $39,275 | $82,920 | $146,580 | $228,292 |
Florence | $22,042 | $51,582 | $101,860 | $156,120 | $231,777 |
Flowood | $103,337 | $138,925 | $196,755 | $307,932 | $462,799 |
Jackson | N/A | N/A | N/A | N/A | N/A |
Lena | $17,448 | $29,500 | $60,595 | $121,662 | $268,207 |
Mendenhall | $24,620 | $43,268 | $85,620 | $142,252 | $228,359 |
Morton | $20,012 | $37,835 | $67,510 | $110,885 | $213,752 |
Pearl | $42,948 | $59,952 | $89,010 | $143,262 | $192,280 |
Pelahatchie | $22,601 | $39,232 | $65,680 | $126,595 | $223,274 |
Puckett | N/A | N/A | N/A | N/A | N/A |
Richland | $16,297 | $47,435 | $89,340 | $138,928 | $196,638 |
Sandhill | N/A | N/A | N/A | N/A | N/A |
Star | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Rankin County, Mississippi
Median Rankin County Tax Bill
$1,263
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Rankin County, Mississippi
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brandon | $405 | $864 | $1,499 | $2,359 | $3,201 |
Braxton | $133 | $262 | $516 | $1,202 | $1,983 |
Florence | $168 | $364 | $814 | $1,519 | $2,317 |
Flowood | $632 | $1,226 | $2,074 | $3,138 | $4,992 |
Jackson | N/A | N/A | N/A | N/A | N/A |
Lena | $141 | $257 | $501 | $1,308 | $2,409 |
Mendenhall | $135 | $304 | $634 | $1,332 | $2,214 |
Morton | $147 | $258 | $484 | $884 | $1,859 |
Pearl | $308 | $549 | $967 | $1,512 | $2,083 |
Pelahatchie | $175 | $330 | $611 | $1,155 | $2,046 |
Puckett | N/A | N/A | N/A | N/A | N/A |
Richland | $176 | $394 | $869 | $1,347 | $2,151 |
Sandhill | N/A | N/A | N/A | N/A | N/A |
Star | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell