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Sunday, December 22, 2024

Mississippi collects $6 million in property tax revenue in Q2 2020

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Mississippi collected $6 million in property taxes during the second quarter of 2020, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Overall, Mississippi collected $2.2 billion in combined tax revenues in the second quarter.

Second Quarter Mississippi Tax Collections
Type of TaxAmount (in millions of dollars)
Property Taxes$6
Sales and Gross Receipts Taxes$1,456
Income Taxes$639
License Taxes$125
Other Taxes$4
Source: U.S. Census Bureau

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