Gera Tools

Mississippi Homestead Exemption Calculator 2025 — Property-Tax Savings

See what the Mississippi homestead exemption saves you: estimated property tax before and after, using the Mississippi median effective rate. Instant, in your browser.

Free Mississippi homestead exemption calculator for 2025. Enter a home value to estimate annual property tax using the Mississippi median effective rate of 0.72% (U.S. Census/WalletHub 2026) and the Mississippi general homestead exemption (up to $300 credit) to show your bill before and after. Runs entirely in your browser; no data sent to any server. It runs free in your browser on Gera Tools, with nothing uploaded.

Last updated Source: Gera Tools

How much does the Mississippi homestead exemption save?

Mississippi's homestead exemption gives a credit of up to $300 against taxes on an owner-occupied home (larger for owners 65+/disabled). On the Mississippi median home ($168,800, taxed at the 0.72% median effective rate), that is roughly $300 off the annual bill. Use the calculator with your own value.

Mississippi Homestead Exemption Calculator 2025

A homestead exemption lowers the property tax on your primary residence. Mississippi’s median effective property-tax rate is 0.72% of home value — on the Mississippi median home ($168,800) that is about $1,215 a year (WalletHub ‘Property Taxes by State in 2026’ (U.S. Census Bureau ACS, collected 2026-01-29)).

Mississippi’s homestead exemption gives a credit of up to $300 against taxes on an owner-occupied home (larger for owners 65+/disabled). On the Mississippi median home, that trims roughly $300 off the annual bill.

Enter your home value below. The estimate uses the Mississippi median effective rate, so it is a starting point — your actual bill depends on your county’s millage and assessment. Senior, veteran and disability relief is additional. Everything runs in your browser; no value or personal data is transmitted.

Verify with the authority: confirm the current homestead rules and your local rate with the Mississippi Department of Revenue.