Property Tax in Rankin County
via TaxByCounty
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.