Land Market Insights and Pricing in Mississippi

Mississippi's landscape is dominated by the east Gulf Coastal Plain, featuring lowland plains and low hills, with the Mississippi Delta occupying the northwest. The state's highest point, Woodall Mountain, rises 807 feet above sea level, while its lowest point meets the Gulf of Mexico. Over half of Mississippi's area is covered by wild or cultivated trees, creating a lush, green environment. The state's humid subtropical climate and varied ecosystems, including longleaf pine forests and cypress swamps, offer unique opportunities for land investors and nature enthusiasts. Mississippi's income tax structure is straightforward, with a flat 4.40% rate for income above $10,000, making it competitive with neighboring states. Property taxes are also favorable, with an effective rate of 0.74%, ranking 33rd nationally. For those seeking affordable farmland, Jefferson Davis County presents an attractive option with its median household price of $87,100 and 408 square miles of land area. Water lovers might explore Hancock County, where 14% of its 553 square miles is covered in water, offering prime lakefront living along the Gulf of Mexico. Mississippi's agricultural sector thrives, ranking 4th nationally in cotton production with a value of over $393 million, and 12th in soybean production, generating over $1.3 billion. The state's economic prospects are bolstered by its strong agricultural output and favorable tax environment, positioning it for continued growth and development.