Mississippi · FIPS 28107 · ACS 2020–2024
Panola County, Mississippi property tax rate
Homeowners in Panola County paid a median of $826 a year in real estate taxes on a median home value of $127,800 (2020–2024 survey). Taxes came to 0.56% of home value, 5% below the Mississippi rate of 0.58% and 41% below the U.S. rate of 0.94%.
- 0.56%Effective tax rate±0.09% margin · Mississippi: 0.58%
- $826Median tax per yearMississippi: $1,215 · U.S.: $3,119
- $127,800Median home valueMississippi: $169,800
- 8,754Owner-occupied homes71% of households own
| Measure | Panola County | Mississippi | U.S. | Panola County 2019–2023 | Change |
|---|---|---|---|---|---|
| Effective tax rate | 0.56% | 0.58% | 0.94% | 0.62% | −0.07 pts |
| Median tax, all owners | $826 | $1,215 | $3,119 | $935 | −$109 (-11.7%) |
| Median tax, with a mortgage | $1,190 | $1,459 | $3,489 | $1,315 | −$125 (-9.5%) |
| Median tax, no mortgage | $636 | $853 | $2,576 | $664 | −$28 (-4.2%) |
| Median home value | $127,800 | $169,800 | $332,700 | $121,500 | +$6,300 (+5.2%) |
| Total taxes paid | $8,251,300 | $1,016,183,000 | $360,573,527,500 | $8,985,300 |
How Panola County compares
- Per $1,000 of home value, owners here paid about $5.56 a year, against $5.84 statewide and $9.40 nationally.
- Rank in Mississippi: 35 of 62 counties from lowest to highest effective rate (among those with reliable estimates). Nationally, 25% of 2,682 counties had a lower rate.
- Homes with a mortgage: 0.65% of value; homes without one: 0.49%. Median bills: $1,190 and $636.
- Compared with the 2019–2023 survey, the effective rate fell (−0.07 pts) and the median tax changed −$109 (-11.7%). The two 5-year surveys share four years of responses, so year-to-year moves are small and partly noise.
- Margin of error: the effective rate is 0.56% ± 0.09% at 90% confidence, from a sample of the 8,754 owner-occupied homes.
Mississippi counties with similar rates
| County | Effective rate | Median tax | Median value |
|---|---|---|---|
| Attala County | 0.54% | $707 | $104,600 |
| Lowndes County | 0.54% | $992 | $164,100 |
| Calhoun County | 0.55% | $600 | $90,300 |
| Tippah County | 0.56% | $956 | $124,100 |
| Lincoln County | 0.57% | $1,089 | $155,800 |
| Clay County | 0.57% | $810 | $129,100 |
| Marion County | 0.57% | $922 | $122,800 |
| Pearl River County | 0.58% | $1,189 | $182,300 |
Sources
- U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, table-based summary file: B25090 (aggregate real estate taxes), B25082 (aggregate home value), B25103 (median real estate taxes), B25077 (median home value) and B25003 (tenure); files dated January 29, 2026.
- U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates, same tables (files dated October 31, 2024), for the comparison column.
- Geography names: Census Bureau Geos20245YR.txt (file dated January 22, 2026).
Effective rate = total real estate taxes paid by owner-occupied homes ÷ their total value, as reported by owners to the Census Bureau. It is not a millage rate. Your bill depends on your assessed value, exemptions (such as homestead) and local levies.