Mississippi
Sale typeTax lien certificate
Rate / penalty1.5% per month (18% per year)
Redemption period2 years
Mississippi's rate accrues monthly at 1.5% — 18% annualized — rather than being quoted as a single yearly figure. Owners have two years to redeem before the certificate holder can apply for a deed.
Quick answers
Is Mississippi a tax lien or tax deed state?+
Mississippi is a tax lien certificate state.
What's the interest rate or penalty in Mississippi?+
In Mississippi, the rate is: 1.5% per month (18% per year).
How long is the redemption period in Mississippi?+
The redemption period in Mississippi is 2 years.
Not sure how Mississippi's system compares to a state you already know? Read Tax Lien vs. Tax Deed: What's the Difference? for the full breakdown.
This page is general information, not financial or legal advice. Rates and redemption periods are set by state statute and can change by county or legislative session — always confirm against the county's own auction notice before bidding.