Posted: 11/23/2020 9:19:02 PM EDT
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I'm currently in VA and we have personal property tax that applies things that are registered. I noticed Mississippi has a similar "tax" on vehicles when you register them. What is the general tax burden in the state? Basically looking at a 200k house near the gulf. I have a tax free disability pension in Virginia and a 2019 and 2018 vehicle. There are charts online but figured I'd ask here. Thanks |
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I'm on the north end of the state, so I can't comment on the coast. The car tags are a shock to people who come from states with a relatively fixed tag cost. TN used to be like $75 so half the cars in North MS had Shelby Co, TN tags.  I've got a 2007 vehicle and the tax portion of the tag is like $9, and the total is about $40. I've got a 2016 vehicle and the tax portion is over $300, and the total is about $400. There's some misc tax credits that get the tag "down" to that amount. Sales tax is generally 7% across the state, but a few localities have extra sales tax and some have restaurant/hotel/tourist tax on top of that. Property taxes (house and land) also vary a good bit. For me it boiled down to a wash compared to where I was living in Memphis. At the time, the sales taxes were significantly higher in MEM and the property tax on a cookie cutter zero-lot house in Memphis was way more than acreage and a house in North MS...even with MS having income tax. When you add the crime and schools to the mix, its still a no-brainer for me to stay where I am for now. |
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Lucky you @leadnbrass I moved to Virginia from the gulf coast of Mississippi just last year. Mississippi does NOT have the personal property tax on vehicles. When you register your vehicle there, you will pay a bit higher amount. I just renewed my tags for Virginia and my 2010 Silverado was roughly 50 bucks for a year. In Mississippi it was about 100. So not terrible at all. What part of the coast are you looking at? IMO 200k doesn't go terribly far depending on location. Feel free to PM Edit: I agree with miker, newer vehicles will definitely have a higher registration fee, I had a 2017 vehicle in Mississippi that was right around 300 a year if I recall correctly |
The OP either shut it down for the night or is in the bathroom covered in shoe polish from belt to knees trying to get the lighting right -Sierra5
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So far looking into Ocean Springs or Gulfport though on the northern end. There is a builder (I believe Harris?) That does small 1400-1500 sq ft cottages with 2 car garage for 185k-200k. Its just my wife and I now so the smaller is better. I really like the area and miss the salt water though im not to keen on hurricanes. It really seems like a inexpensive state. Tennessee is also in the running but its getting pretty expensive and seems to be growing rapidly. I visited my son at Keesler a few years back and something keeps drawing me to the area. Currently I livenin the Shenadoah Valley so I can think of less scenic places to be but im afraid Virginia may be lost for good. |
| I grew up in saucier (just outside of Gulfport north about 15 minutes) and would go back in a heartbeat if needed. I moved to va for a job opportunity and plan on going back after my contract is up especially how va is going downhill and turning too blue |
The OP either shut it down for the night or is in the bathroom covered in shoe polish from belt to knees trying to get the lighting right -Sierra5
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Originally Posted By miker84: I'm on the north end of the state, so I can't comment on the coast. The car tags are a shock to people who come from states with a relatively fixed tag cost. TN used to be like $75 so half the cars in North MS had Shelby Co, TN tags. I've got a 2007 vehicle and the tax portion of the tag is like $9, and the total is about $40. I've got a 2016 vehicle and the tax portion is over $300, and the total is about $400. There's some misc tax credits that get the tag "down" to that amount. Sales tax is generally 7% across the state, but a few localities have extra sales tax and some have restaurant/hotel/tourist tax on top of that. Property taxes (house and land) also vary a good bit. For me it boiled down to a wash compared to where I was living in Memphis. At the time, the sales taxes were significantly higher in MEM and the property tax on a cookie cutter zero-lot house in Memphis was way more than acreage and a house in North MS...even with MS having income tax. When you add the crime and schools to the mix, its still a no-brainer for me to stay where I am for now. I second this about tags. They’ll put you into sticker shock as it is based on the value of the vehicle. Currently in most of DeSoto county we are seeing a huge rise in home prices. Where I’m at in Hernando you can’t find a house now for under 180k or so. Even when you can they don’t stay on the market More than a day or so. It’s obscene. The real estate agents are all the time canvassing looking for people Looking to sell. |
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word of advice... stay the hell out of Long Beach. highest property tax in the state, highest car tags on coast as well. Happy wife, happy life, right? 
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Property taxes vary by county. Cities have their own taxes which, in most counties, is collected together with county taxes. We lived in the City of Jackson/Hinds County for 25 years. Property taxes were almost double what they are now that we are on the coast in an unincorporated area of Jackson County. The same millage rates apply to cars, land, houses, etc., but they have different discount factors and various exemptions. The rates are posted on the Mississippi Department of Revenue website. Millage rates I believe there are exmeptions, at least on a primary residence, if you are over 65 or disabled. |
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Originally Posted By Wags: Property taxes vary by county. Cities have their own taxes which, in most counties, is collected together with county taxes. We lived in the City of Jackson/Hinds County for 25 years. Property taxes were almost double what they are now that we are on the coast in an unincorporated area of Jackson County. The same millage rates apply to cars, land, houses, etc., but they have different discount factors and various exemptions. The rates are posted on the Mississippi Department of Revenue website. Millage rates I believe there are exmeptions, at least on a primary residence, if you are over 65 or disabled. Yes, its all about location. We moved from Gulfport (in Harrison County) where I was born and lived until recently out into the country in rural northwest Harrison County, out of the city limits. Zoning also matters. We live on 20 acres, zoned agricultural. Property tax and vehicle tag (ad valorum tax) fell dramatically. Also, the county school tax piece of it is much lower than the city school district piece. Cost of living here is much lower than most other places, so its great for retirees. |
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Originally Posted By MS556: Yes, its all about location. We moved from Gulfport (in Harrison County) where I was born and lived until recently out into the country in rural northwest Harrison County, out of the city limits. Zoning also matters. We live on 20 acres, zoned agricultural. Property tax and vehicle tag (ad valorum tax) fell dramatically. Also, the county school tax piece of it is much lower than the city school district piece. Cost of living here is much lower than most other places, so its great for retirees.
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The OP either shut it down for the night or is in the bathroom covered in shoe polish from belt to knees trying to get the lighting right -Sierra5
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Originally Posted By leadnbrass: So far looking into Ocean Springs or Gulfport though on the northern end. There is a builder (I believe Harris?) That does small 1400-1500 sq ft cottages with 2 car garage for 185k-200k. Its just my wife and I now so the smaller is better. I really like the area and miss the salt water though im not to keen on hurricanes. It really seems like a inexpensive state. Tennessee is also in the running but its getting pretty expensive and seems to be growing rapidly. I visited my son at Keesler a few years back and something keeps drawing me to the area. Currently I livenin the Shenadoah Valley so I can think of less scenic places to be but im afraid Virginia may be lost for good. Aww. I could have sold you this one. Attached File Property tax isn't that bad if you file homestead exemption. Vehicle tags are expensive. My truck tag would have been like $1000 if it would have been a county instead of a state tag. |
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Winner of Cola Warrior 5.