Greenwood, Mississippi — Tax Burden
What is the tax burden in Greenwood, Mississippi?
Greenwood, Mississippi has a total tax burden of 11.11%, ranking #2600 nationally. Property tax rate: 1.59%, state income tax: 4.700%, sales tax: 7.07%. Median household income is $37,718.
Source: US Census ACS, 2022
Ranked #2600 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
11.11%
Rank: 2600th nationally
Property Tax Rate
1.59%
Rank: 1736th nationally
Income Tax Rate
4.700%
Mississippi state rate
Sales Tax Rate
7.07%
State + local combined
Tax Burden Breakdown
Property (37%)Income (42%)Sales (21%)
Median Income: $37,718
Median Home Value: $97,000
Median Property Tax: $1,539/yr
Population: 14,242