Property tax in Lafayette County, Mississippi

Updated

The median property tax bill in Lafayette County, Mississippi is $1,719 a year, which is about 0.55% of the county's median home value of $315,400. That effective rate is lower than the typical Mississippi county (0.69%) and lower than the national median (0.81%). These are American Community Survey 5-year estimates (2024); your own bill depends on your home's assessed value and any exemptions.

Estimate the property tax on a home in Lafayette County

Enter a home's market value for a ballpark at Lafayette County's average effective rate of 0.55% (Census). The real bill depends on the home's assessed value, the millage where it sits and any exemptions.


Estimated property tax: $1,735 / year

Property tax in Lafayette County at a glance

Lafayette County, Mississippi property tax (Census ACS, reviewed September 23, 2026)
MeasureValue
Median annual property tax$1,719
Median home value$315,400
Effective tax rate0.55%
Typical Mississippi county rate0.69%
National median county rate0.81%

Effective rate = median real estate taxes paid divided by median home value. Source: U.S. Census Bureau, American Community Survey 5-year estimates.

How does Lafayette County compare in Mississippi?

Among Mississippi's 81 counties, Lafayette County has the 74th highest effective property-tax rate: 73 rank higher and 7 rank lower. That places it among the least taxed counties in the state. Nationally, it ranks 2453rd of 3135 US counties by effective rate. See every Mississippi county ranked.

How much do homeowners in Lafayette County actually pay?

The median is only the middle bill. Across Lafayette County's 12,145 owner-occupied homes, 25.6% pay $3,000 or more a year in property tax, 39.7% pay at least $2,000, and 24.8% pay under $800. Another 10.3% report paying no property tax at all, which usually means an exemption covers the whole bill.

Annual property tax paid by Lafayette County homeowners (Census ACS 2020-2024)
Annual billHomesShare
Under $8003,00924.8%
$800 to $1,4991,94416%
$1,500 to $1,9991,1249.3%
$2,000 to $2,9991,70814.1%
$3,000 or more3,10725.6%
No property tax paid1,25310.3%

Owners with a mortgage pay a median of $1,979 and owners without one pay $1,558. Owners who have paid off a home have usually held it longer, and in states that cap how fast an existing owner's assessment can rise, long-held homes carry lower assessed values. Census table B25103.

How does the Lafayette County property tax bill compare with local incomes?

The median property tax bill of $1,719 is about 1.8% of the median income of Lafayette County homeowner households, $96,422 a year. That compares two middles, so a retiree in a long-held home can pay a far larger share. 63.8% of Lafayette County's occupied homes are lived in by their owners; renters pay property tax too, just folded into rent.

Have property taxes gone up in Lafayette County?

The survey cannot tell. The median bill was $1,540 in 2015-2019 and $1,719 in 2020-2024, but that $179 difference is inside the Census's own margin of error for a county this size, so it could be sampling noise rather than a real change.

Two Census ACS 5-year periods with no survey years in common, in each period's own dollars. A change counts only if it exceeds the combined 90% margin of error.

Property tax in counties next to Lafayette County

Lafayette County borders 7 counties.

Lafayette County and its neighbors, highest effective rate first (Census ACS 2020-2024)
CountyEffective rateMedian billMedian home value
Marshall County, MS0.72%$1,213$167,900
Calhoun County, MS0.66%$600$90,300
Yalobusha County, MS0.66%$809$122,300
Panola County, MS0.65%$826$127,800
Tate County, MS0.65%$1,354$209,000
Pontotoc County, MS0.58%$911$157,100
Union County, MS0.56%$918$163,400
Lafayette County, MS (this county)0.55%$1,719$315,400

How is a home assessed in Lafayette County?

Mississippi assesses homes at 10% of market value in every county, Lafayette County included. How Mississippi assesses and reappraises homes.

Is there a homestead exemption in Lafayette County?

Yes, as a credit off the bill. Mississippi's regular homestead credit tops out at $300, which almost every homeowner with a house worth roughly $74,000 or more receives. Apply with the county tax assessor between January 1 and April 1. That is the Mississippi rule, and it applies in Lafayette County. Mississippi's exemptions and relief programs in full.

When are property taxes due in Lafayette County?

Property is assessed to whoever owns it on January 1, the bill goes out that November or December, and the full amount is due by February 1. If February 1 falls on a weekend or holiday you can pay the next Monday without penalty. A county or self-collecting municipality may vote to accept partial payments, splitting the year into one half by February 1 and one quarter each by May 1 and July 1, but that is a local option rather than a statewide right.

That is the Mississippi rule. Lafayette County issues and collects the bill, so the dates printed on your statement are the ones that bind you.

How to appeal your Lafayette County property assessment

You contest the assessed value with the the county Board of Supervisors. The filing deadline is typically the first Monday in August preceding the due date of the taxes. That is the Mississippi rule; Lafayette County sets the exact dates and forms. The Mississippi appeal process step by step.

Mississippi rules from primary state sources, reviewed September 7, 2026; sources on the Mississippi page.

Work out your own numbers

Sources