Taxes & Insurance in Grenada
Grenada applies Mississippi's real 2026 4.0% flat income tax alongside a property tax rate that genuinely depends on which of three counties a specific address falls within.
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Learn moreMississippi's real 2026 flat income tax rate
Mississippi's individual income tax runs a real, current flat 4.0% rate (2026) on income above $10,000 (single)/$20,000 (MFJ), per the 2022 Mississippi Tax Freedom Act glide path, with further legislated cuts through 2030 -- applying in Grenada as statewide, alongside full Social Security and qualified retirement income exemption (base record).
Grenada's real, disclosed three-county property tax spread
Ownwell cites 0.91% for the Grenada County portion, 1.96% for the Tallahatchie County portion, and 1.57% for the Carroll County portion -- confirm which county jurisdiction applies to a specific target address directly (base record).
Mississippi's 7.0% state sales tax and reduced grocery rate
Mississippi's 7.0% state sales tax rate applies, with a reduced 5.0% rate on SNAP-eligible groceries effective July 1, 2025 -- a real, current statewide fact this record discloses (base record).
Statewide-elevated homeowners insurance
No Grenada-specific premium figure was found this pass -- Mississippi's statewide average spans $2,514-$5,161/year across sources, among the nation's highest (base record).
Key takeaways
- Mississippi's flat income tax rate is a real, current 4.0% (2026), applying in Grenada as statewide.
- Grenada's property tax rate genuinely varies by county portion: 0.91% (Grenada County) to 1.96% (Tallahatchie County portion).
- Mississippi's 7.0% state sales tax drops to 5.0% on groceries, effective July 1, 2025.
- Mississippi's statewide homeowners-insurance average runs well above the national average across every source.
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