Taxes in Clinton

Clinton's tax picture combines a property tax rate near Mississippi's own statewide median with the state's real, currently declining flat income tax.

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A property tax rate near the state median

Clinton's effective property tax rate ran approximately 1.33% per Ownwell -- just below the Mississippi statewide median cited alongside it (~1.35%), and above the national median (~1.02%).

Mississippi's real, current flat income tax

Mississippi taxes income above a $10,000 exemption at a flat 4% rate for 2026, down from 4.4% in 2025 -- the result of a real, ongoing multi-year phase-down.

A rate scheduled to keep falling

Legislation signed in March 2025 locks in further 0.25-point annual cuts from 2027-2029, reaching 3% by 2030, with a mechanism aimed at eventual full elimination.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.