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Updated 2025 Tax Year

Tishomingo County
Property Tax Guide

Everything you need to know about property taxes in Tishomingo County, MS. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Quick Facts
Tax Rate
75-80 mills (7.5-8.0% effective rate), varies by school district and municipal boundaries
Exemptions
5+ Available
Section 1

How Property Tax Works

Tishomingo County property taxes are administered by the county tax collector and fund essential local services including schools, county operations, infrastructure maintenance, and emergency services. Property owners in Tishomingo County pay taxes based on assessed value, which is determined by the county assessor and reassessed periodically. The county operates on a millage system where tax rates are expressed in mills (one mill equals $1 per $1,000 of assessed value).

Effective tax rates in Tishomingo County vary significantly by location within the county due to different special taxing districts, school districts, and municipal boundaries. The base county rate for 2025 is 25 mills, but total rates including school districts and other levies typically range from 75-80 mills depending on your specific location. Property owners should verify their exact tax rate and applicable districts with the Tishomingo County Tax Collector's office, as rates can vary between different areas of the county.

Section 2

What Makes Up Your Tax Bill

ComponentRate (Mills)Description
County General25Base county operations, services, infrastructure
Tishomingo County Schools49-51Local school district operations and facilities
Special DistrictsVariesMunicipal services, fire districts, drainage districts
Total Estimated Range75-80Varies by location within county

Rates shown are for levy year 2025. The school district rate of 49-51 mills applies to most areas served by Tishomingo County Schools. Additional special district assessments may apply depending on your property location. Contact the Tishomingo County Tax Collector for your exact rate breakdown, as totals vary significantly between different taxing districts within the county.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Tishomingo County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Tishomingo County are additional property tax assessments that occur when there are changes to property ownership, value, or classification during the tax year. Common triggers include new construction completion, property improvements that increase assessed value, or changes in property use classification. These taxes are calculated on a pro-rated basis from the date of the triggering event through the end of the current tax year.

For example, if you complete a home addition worth $50,000 in assessed value on July 1st during the tax year, you would owe supplemental taxes on that $50,000 for the remaining portion of the tax year (typically 9 months). At a total rate of 76 mills, this would result in a supplemental bill of approximately $285 ($50,000 × 0.076 × 0.75 years). Supplemental taxes are collected by the county tax collector at the same time as regular property taxes and follow the same payment schedule and penalty structure.

Example Calculation

Example 1: $300,000 Market Value Home

  • Assessed Value: $300,000 × 10% = $30,000
  • Less: Homestead Credit (if applicable): -$7,500
  • Net Taxable Value: $22,500
  • Annual Tax (76 mills): $22,500 × 0.076 = $1,710
  • Monthly Escrow: $142.50

Example 2: $600,000 Market Value Home

  • Assessed Value: $600,000 × 10% = $60,000
  • Less: Homestead Credit (if applicable): -$7,500
  • Net Taxable Value: $52,500
  • Annual Tax (76 mills): $52,500 × 0.076 = $3,990
  • Monthly Escrow: $332.50

Example 3: $1,000,000 Market Value Home

  • Assessed Value: $1,000,000 × 10% = $100,000
  • Less: Homestead Credit (if applicable): -$7,500
  • Net Taxable Value: $92,500
  • Annual Tax (76 mills): $92,500 × 0.076 = $7,030
  • Monthly Escrow: $585.83

Tax credits shown require application and approval. Actual rates may vary by location within the county. Contact the county assessor to apply for available credits.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Tishomingo County require property tax escrow accounts for loans with less than 20% down payment. Your lender collects 1/12th of your estimated annual property tax bill each month along with your mortgage payment. The lender then pays your property taxes directly to Tishomingo County when taxes become due on February 1st each year (extended to March 3, 2026 due to state proclamation).

Your lender will conduct an annual escrow analysis to ensure adequate funds are collected, typically adjusting your monthly payment if there are significant changes in your tax bill. You should receive an annual escrow statement showing deposits, payments made on your behalf, and any surplus or shortage. If your taxes increase due to reassessment or rate changes, your monthly escrow payment will be adjusted accordingly. Property owners can verify tax payments were made correctly by checking with the Tishomingo County Tax Collector's office or accessing online payment records.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Tishomingo County for the current fiscal year? A: Property taxes are normally due by February 1st. However, due to a state emergency proclamation, the deadline for fiscal year 2025-2026 has been extended to March 3, 2026.

Q: What homestead tax credit is available and how do I apply? A: The homestead exemption provides a credit that exempts a portion of your home's assessed value from taxation. This credit requires application through the county assessor's office and is NOT automatically applied. Contact the assessor for application requirements and deadlines.

Q: Is there a tax credit for seniors or disabled homeowners? A: Yes, homeowners who became disabled or turned 65 during the prior year may qualify for a special exemption on the first $75,000 of assessed value. This credit requires application and is not automatic - contact the county assessor's office for eligibility requirements and application procedures.

Q: How does the homestead credit work? A: The homestead credit typically limits annual increases in assessed value rather than reducing market value. Once approved, it helps cap assessment growth on your primary residence. You must apply for this credit - it is not automatically granted.

Q: When are properties reassessed in Tishomingo County? A: Mississippi counties follow state-mandated reassessment cycles. Contact the Tishomingo County Assessor's office for the current reassessment schedule and information about appealing assessed values.

Q: Can I pay my property taxes online? A: Check with the Tishomingo County Tax Collector's office for current online payment options and accepted payment methods.

Q: What are the penalties for late payment? A: Late payment penalties apply after the due date. Contact the tax collector's office for current penalty rates and payment options for delinquent taxes.

Q: Why do property tax rates vary within Tishomingo County? A: Tax rates vary by location due to different special taxing districts, municipal boundaries, school districts, and other local assessments. Your total rate depends on which districts serve your specific property location.

Q: How do I find out my exact tax rate and district information? A: Contact the Tishomingo County Tax Collector's office with your property address or parcel number to determine your specific tax rate and applicable taxing districts.

Q: Is there a grace period for vehicle tag renewals? A: Yes, there is an automatic 14-day grace period for car tag renewals in Tishomingo County.

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