Horn Lake, Mississippi — Tax Burden
What is the tax burden in Horn Lake, Mississippi?
Horn Lake, Mississippi has a total tax burden of 8.96%, ranking #4503 nationally. Property tax rate: 0.75%, state income tax: 4.700%, sales tax: 7.07%. Median household income is $57,111.
Source: US Census ACS, 2022
Ranked #4503 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.96%
Rank: 4503rd nationally
Property Tax Rate
0.75%
Rank: 4765th nationally
Income Tax Rate
4.700%
Mississippi state rate
Sales Tax Rate
7.07%
State + local combined
Tax Burden Breakdown
Property (21%)Income (52%)Sales (26%)
Median Income: $57,111
Median Home Value: $146,300
Median Property Tax: $1,099/yr
Population: 26,652