Mississippi · County property tax · ACS 2024
Rankin County Property Taxes
The median homeowner in Rankin County pays $1,428 a year, an effective rate of 0.60%, well below the U.S. average.
- $1,428
- Median tax / yr · Below-median bill
- 0.60%
- Effective rate · Below-median rate
- -28%
- vs U.S. average
- #66 of 81
- rank in MS
The verdict
Homeowners in Rankin County pay a median $1,428 a year in property tax, an effective rate of 0.60%, more affordable than 71% of U.S. counties (Census ACS 2024).
- $1,428
- Median annual tax bill, 2024
- 0.60%
- Effective rate on median home
- #895 of 3135
- U.S. counties by tax burden
- -28%
- vs the national average bill
Effective rate is the median property tax bill divided by the median home value ($237,400). U.S. Census Bureau, ACS 5-Year Estimates · 2024.
Census Bureau ACS property tax data for Mississippi. Population: 158,854. Owner-occupied homes: 46,196.
The median annual property tax in Rankin County is $1,428, which is 18% higher than the Mississippi state average and 28% below the national average. The effective tax rate is 0.60% on a median home value of $237,400. Property taxes represent 1.8% of the median household income in this county.
Rankin County's rate standing among U.S. counties
Primary signal
The effective rate sits near the national middle
Rankin County's 0.60% effective rate sits near the middle of 3,135 tracked counties (more affordable than 71%).
Decision signal 2
High among Mississippi counties by effective rate
Rankin County ranks #66 of 81 counties in Mississippi by effective rate (19% of in-state counties pay a lower rate).
Decision signal 3
The bill sits well below the national median
Homeowners in Rankin County pay a median annual property tax of $1,428, well below the national median and notably higher than the Mississippi state median. On a $237,400 median home, that works out to an effective rate of 0.60% once the local assessment base and millage are combined.
Decision signal 4
Income carries a light tax share
Property taxes in Rankin County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $79,357 median household income.
Informational notice
Figures describe the median homeowner household in Rankin County as reported to the Census Bureau; your parcel can differ. Not tax, legal, or financial advice: check the county assessor or a qualified professional before decisions that depend on these numbers.
A falling rate took the edge off
Rankin County's effective rate fell 13.0% across the 4-year span while its median home value rose 43.7%, leaving the median bill 25.0% higher at $1,428. That rate move is larger than the one in 54% of counties, so a good deal of the market's rise never reached the bill.
Effective rate is the published median bill divided by the published median home value, so the two multiply back to the bill exactly; the rate's movement here is derived from those two figures rather than read from the rounded published rate. Both are ACS 5-year survey estimates for the median owner-occupied household, compared across non-overlapping releases. They describe what the Census published, not a local policy, assessment, or exemption change.
How to read this county's bill
The bill here climbed steeply over 2020-2024, up 25% from $1,142 to $1,428. These ACS medians describe the reported change; they do not identify whether a levy, assessment, home value, or change in the responding households caused it.
The largest reported group here falls at the bottom of the national range: 11,000 of 46,196 owner-occupied homes (23.8%) report annual real-estate taxes under $800. This distribution describes reported owner-occupied homes, not an affordability judgment for any property.
Top-quartile earnings meet a below-median rate, putting the median bill at 1.8% of median household income. Counties in this position span a wide range on the ratio above, because the dollar bill tracks home values rather than the rate.
The share above is the median annual bill divided by median household income, a ratio of two county-level medians rather than a household-by-household figure.
Paying off the mortgage changes the picture here
20.9% of Rankin County homes owned free and clear (3,806 of 18,210) report no property tax at all, against 6.7% of homes still carrying a mortgage. A reported zero is not proof of an exemption: it can equally mean a bill paid by another party, or a reporting artefact. But a gap this size is where age- and disability-based relief usually shows up, because those programmes reach owners who have finished paying.
What Rankin County Homeowners Actually Pay
The single largest group of Rankin County homeowners, 11,000 of 46,196 owner-occupied homes (23.8%), pays less than $800 a year. The median is one point in this spread, not a typical bill.
- Less than $800 23.8% (11,000)
- $800 to $1,499 22.5% (10,411)
- $1,500 to $1,999 12.9% (5,970)
- $2,000 to $2,999 15.6% (7,206)
- $3,000 or more 12.8% (5,915)
Census ACS 2024, table B25102. Bands and the no-tax share sum to 100%.
5,694 homes here (12.3%) report no real estate tax at all, a sizeable minority for a county this size. Exemptions are set by state: how Mississippi handles assessments and appeals.
With vs Without Mortgage
Mortgaged homeowners in Rankin County pay more than double the bill of those without one (+61%), the widest kind of value gap this dataset tracks.
Rankin County's effective rate vs peers
Effective property tax rate (median tax ÷ median home value), ACS 2024.
Rankin County's effective rate is higher than 19% of the 81 counties in Mississippi - ranking #66 of 81.
Where Rankin County sits among every U.S. county
Effective property tax rate (median tax ÷ median home value)
0.60% Among the most affordable more affordable than 71% of 3,135 U.S. counties
Show national distribution
Each bar is a band; taller bars hold more U.S. counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2024
A low rate, a bigger bill
Rankin County taxes property at 0.60%, roughly 17% below the Mississippi average, and still bills a median $1,428, about 18% above the state figure. Because the effective rate is the bill divided by the home's value, that combination means local home values run well ahead of the state norm: a gentler rate applied to a larger base.
Rankin County vs Benchmarks
| Metric | Rankin County | Mississippi Avg | U.S. Avg |
|---|---|---|---|
| Median Annual Tax Below-median bill | |||
| Effective Tax Rate Below-median rate | |||
| Median Home Value | |||
| Tax as % of income Below-median income burden | 1.8% | - | - |
Source: U.S. Census Bureau, ACS 5-Year Estimates. Tax-burden differences across rows reflect millage decisions, assessment-ratio practices, and the residential-vs-commercial mix of each tax base.
Rankin County is QUIET · LIGHT on ACS medians, still verify your parcel card before quoting the county figure. Estimate appeal savings · Mississippi counties.
Rankin County rate trail · QUIET
| Year | Median Tax (vs prior release) | Effective Rate |
|---|---|---|
| 2024 | $1,428 +3.2% | 0.60% |
| 2023 | $1,384 +4.2% | 0.62% |
| 2022 | $1,328 +8.5% | 0.65% |
| 2021 | $1,224 +7.2% | 0.70% |
| 2020 | $1,142 | 0.69% |
Each row is a separate ACS 5-year release, and consecutive releases share four of their five survey years. The percentage beside each bill is therefore movement in the published estimate against the previous release, not a single year's tax change. The two releases largely describe the same households. For change over time, compare releases that do not overlap.
Rankin County: tax takes only 1.8% of income
Counties near Rankin County's effective rate
On effective rate, Rankin County sits nearest Grant Parish (LA), Simpson County (KY), Larue County (KY).
On published median-tax change, the nearest matches are Russell County (KY), Talladega County (AL), Sherman County (KS).
How peers are chosen
These are the nearest cross-state matches in the published Census data, not neighboring counties or recommendations. Peers are rebuilt with each data release; see the calculation method.
Similar effective rates
Similar published median-tax changes, 2020–2024
Rankin County: only 7% of returns show Schedule A real-estate tax
Tax year 2022: 4,860 of 68,370 returns from Rankin County reported real estate taxes, averaging $3,074 - 37% of those reporters sat in the $100-200k AGI band.
What this IRS county file does not say
Amounts are reported before the SALT cap, not deducted; the share is of filers, not homeowners. Source: IRS SOI county data, tax year 2022.
Other Counties in Mississippi
Rankin County rate FAQs
- What is the average property tax in Rankin County, Mississippi?
- The median annual property tax in Rankin County is $1,428, an effective rate of 0.60% on a $237,400 median home (Census ACS, 2024).
- What is the tax affordability score for Rankin County?
- Rankin County, Mississippi scores C+ (60/100) on PlainPropertyTax's tax affordability composite across 5 Census ACS dimensions (effective rate, bill size, income share, mortgage gap, and home-value/income). Its strongest scored dimension here is income room at B (1.8%). The score compares published county medians to U.S. percentiles, it is not a personal bill and not advice to buy, sell, appeal, or relocate.
- How does Rankin County property tax compare to the national average?
- Property taxes in Rankin County run well below the national median of $1,993, an effective rate of 0.60% versus 0.92% nationally.
- What percentage of income goes to property taxes in Rankin County?
- Property taxes in Rankin County run a bit below the commonly cited 2%-4% national benchmark, at about 1.8% of the $79,357 median household income.
- Are property taxes increasing in Rankin County?
- The ACS median property-tax bill for Rankin County jumped 25.0% between the 2020 and 2024 5-year releases, from $1,142 to $1,428, a 4-year span. These are survey estimates covering five years each, so this compares the two releases furthest apart rather than consecutive ones, which overlap and would mostly measure the same households twice.
What to do with Rankin County's QUIET rate
Rankin County's $1,428 median bill sits well below the U.S. median - still size a parcel estimate; local millage and exemptions move the real bill. Estimate your bill →
Income burden is light here: about 1.8% of Rankin County's $79,357 median household income goes to the property-tax bill.
Nationwide peers by effective rate (then bill)
Rate-first peers for Rankin County's QUIET effective rate, then a disjoint out-of-state bill set so the two neighborhoods stay distinct.
Similar effective rate
Nearest out-of-state counties by ACS effective rate. This county: 0.60%.
Similar median bill
Nearest out-of-state counties by ACS median annual tax. This county: $1,428/yr. Rate peers are excluded so the two link sets stay distinct.
Read with Rankin County
Nearest ABS(median_tax) ACS peers for Rankin County (QUIET · LIGHT), replacing the old fixed Keep exploring strip.
QUIET LIGHT
Gregory County, SD
ABS(median_tax) peer · tied with Rankin County at $1,428/yr; rate 1.02% vs Rankin County 0.60%.
McCone County, MT
ABS(median_tax) peer · $1,429/yr (near-tied bill ABS $1); rate 0.68% vs Rankin County 0.60%.
Plaquemines Parish, LA
ABS(median_tax) peer · $1,427/yr (near-tied bill ABS $1); rate 0.50% vs Rankin County 0.60%.
Camden County, MO
ABS(median_tax) peer · $1,426/yr (near-tied bill ABS $2); rate 0.47% vs Rankin County 0.60%.
Mississippi county set
State ACS overview for every published Mississippi county rate and median bill.
Assessment cycle basics
Rankin County stamps QUIET · LIGHT - how assessed value and millage become the ACS median bill.
Data vintage and method
Data as of 2024. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates.
Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.
Source: U.S. Census Bureau American Community Survey 5-Year Estimates, county median real-estate taxes · 2024 Rankin County (QUIET · LIGHT) - ACS medians, not a parcel bill.