Mississippi County, Arkansas Property Taxes
The median property tax rate in Mississippi County is 0.86%, which is slightly lower than the national median of 0.99% but marginally higher than the Arkansas state median of 0.84%. With a median home value of $66,110 in Mississippi County, the typical annual property tax bill is approximately $527, considerably lower than the national median of $2,690. Property taxes in Mississippi County are calculated based on the tax assessed value, which typically falls below the actual market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Mississippi County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Blytheville or another part of Mississippi County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mississippi County, Arkansas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$569
$528
Ownwell’s Mississippi County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Mississippi County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Mississippi County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Mississippi County, Arkansas
Property taxes in Mississippi County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Mississippi County is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Mississippi County set these rates annually, and they can vary significantly between different areas within the county. Each year, Mississippi County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Mississippi County's effective property tax rate with other counties and the national median. For comparison, the city of Etowah has one of the higher property tax rates in the region at 1.01%, while the city of Frenchman Byu boasts one of the lowest at 0.50%. Analyzing how Mississippi County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Mississippi County Tax Rate
0.86%
Average Arkansas Tax Rate
0.84%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mississippi County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Armorel | 0.61% | 0.68% | 0.84% | 0.97% | 0.97% |
| Bassett | 0.38% | 0.51% | 0.66% | 0.91% | 0.94% |
| Blytheville | 0.65% | 0.78% | 0.86% | 0.94% | 0.94% |
| Burdette | 0.64% | 0.68% | 0.75% | 0.88% | 0.88% |
| Caraway | N/A | N/A | N/A | N/A | N/A |
| Dell | 0.60% | 0.68% | 0.73% | 0.80% | 0.89% |
| Driver | N/A | N/A | N/A | N/A | N/A |
| Dyess | 0.47% | 0.65% | 0.91% | 0.95% | 0.95% |
| Etowah | 0.56% | 0.76% | 1.01% | 1.05% | 1.05% |
| Frenchman Byu | N/A | N/A | N/A | N/A | N/A |
| Frenchmans Bayou | 0.31% | 0.50% | 0.67% | 0.72% | 0.79% |
| Gosnell | 0.77% | 0.79% | 0.85% | 0.85% | 0.85% |
| Joiner | 0.43% | 0.57% | 0.74% | 0.89% | 1.00% |
| Keiser | 0.52% | 0.72% | 0.85% | 0.93% | 1.03% |
| Leachville | 0.53% | 0.68% | 0.79% | 0.88% | 0.95% |
| Lepanto | 0.58% | 0.66% | 0.81% | 0.90% | 0.90% |
| Luxora | 0.56% | 0.76% | 0.90% | 0.94% | 0.94% |
| Manila | 0.50% | 0.65% | 0.87% | 1.00% | 1.03% |
| Osceola | 0.59% | 0.76% | 0.92% | 1.10% | 1.10% |
| Tyronza | 0.43% | 0.58% | 0.77% | 0.91% | 1.01% |
| West Ridge | 0.34% | 0.46% | 0.72% | 0.93% | 0.94% |
| Wilson | 0.43% | 0.54% | 0.61% | 0.71% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Mississippi County, Arkansas
In Mississippi County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Mississippi County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Mississippi County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, homeowners in Armorel face the highest median tax bill at $1,557, while those in Frenchman Bayou enjoy the lowest at $128. Being aware of these valuation processes in Mississippi County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Mississippi County, Arkansas
Source: Ownwell
$28,060
$119,774
$211,488
Average Mississippi County Assessed Value
$66,110
Average Arkansas Assessed Value
$113,950
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mississippi County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Armorel | $102,072 | $145,154 | $211,488 | $275,252 | $339,918 |
| Bassett | $14,300 | $44,295 | $63,420 | $100,195 | $170,411 |
| Blytheville | $11,910 | $25,790 | $62,170 | $105,620 | $162,765 |
| Burdette | $7,186 | $59,040 | $80,370 | $148,905 | $224,963 |
| Caraway | N/A | N/A | N/A | N/A | N/A |
| Dell | $41,820 | $56,138 | $83,742 | $131,349 | $208,688 |
| Driver | N/A | N/A | N/A | N/A | N/A |
| Dyess | $7,848 | $22,478 | $44,305 | $76,052 | $113,826 |
| Etowah | $7,736 | $19,452 | $43,730 | $75,792 | $102,928 |
| Frenchman Byu | N/A | N/A | N/A | N/A | N/A |
| Frenchmans Bayou | $23,963 | $67,035 | $95,455 | $147,200 | $207,586 |
| Gosnell | $12,624 | $16,990 | $63,350 | $99,770 | $140,230 |
| Joiner | $9,850 | $26,592 | $51,020 | $83,260 | $135,873 |
| Keiser | $29,611 | $51,792 | $63,265 | $88,662 | $127,690 |
| Leachville | $23,183 | $37,415 | $61,055 | $100,030 | $154,308 |
| Lepanto | $57,272 | $110,152 | $146,970 | $255,829 | $324,984 |
| Luxora | $9,286 | $17,111 | $28,060 | $50,616 | $81,250 |
| Manila | $27,290 | $56,865 | $98,728 | $167,774 | $232,168 |
| Osceola | $17,624 | $36,572 | $65,545 | $101,869 | $149,439 |
| Tyronza | $16,865 | $34,835 | $73,725 | $125,515 | $175,425 |
| West Ridge | $14,155 | $30,455 | $61,150 | $126,750 | $240,900 |
| Wilson | $54,830 | $75,868 | $103,465 | $144,192 | $230,125 |
Source: Ownwell
Property Tax Bills Across Mississippi County, Arkansas
In Mississippi County, AR, property tax bills are calculated based on the assessed value of a property, which is typically a fraction of its market value. The county applies a specific tax rate to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the property's location, size, and condition. For instance, the median home price in Mississippi County is $66,110, leading to varying tax bills across different percentiles. Homeowners at the 25th percentile pay around $244, while those at the 75th percentile face bills of about $909. The 90th percentile sees tax bills as high as $1,497. Comparatively, the national median property tax rate is 0.99%, making Mississippi County's rates relatively moderate. The highest median tax bill within the county is $1,557 in Armorel, while Frenchman Bayou has the lowest at $128. These variations significantly impact homeowners, influencing their overall cost of living and financial planning.
Average Mississippi County Tax Bill
$527
Average Arkansas Tax Bill
$877
Average United States Tax Bill
$2,690
Property Tax Bills Across Mississippi County, Arkansas
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Armorel | $829 | $1,162 | $1,557 | $1,921 | $2,492 |
| Bassett | $85 | $234 | $334 | $624 | $1,388 |
| Blytheville | $92 | $204 | $502 | $870 | $1,406 |
| Burdette | $61 | $384 | $592 | $1,185 | $1,851 |
| Caraway | N/A | N/A | N/A | N/A | N/A |
| Dell | $298 | $385 | $616 | $1,038 | $1,376 |
| Driver | N/A | N/A | N/A | N/A | N/A |
| Dyess | $69 | $158 | $326 | $559 | $872 |
| Etowah | $76 | $171 | $354 | $656 | $934 |
| Frenchman Byu | N/A | N/A | N/A | N/A | N/A |
| Frenchmans Bayou | $118 | $208 | $827 | $988 | $1,541 |
| Gosnell | $101 | $145 | $487 | $852 | $1,095 |
| Joiner | $70 | $169 | $340 | $563 | $983 |
| Keiser | $214 | $356 | $511 | $698 | $1,035 |
| Leachville | $162 | $286 | $457 | $778 | $1,196 |
| Lepanto | $452 | $663 | $1,032 | $1,982 | $2,905 |
| Luxora | $70 | $149 | $240 | $392 | $665 |
| Manila | $178 | $382 | $787 | $1,451 | $2,092 |
| Osceola | $125 | $294 | $594 | $921 | $1,410 |
| Tyronza | $114 | $212 | $508 | $867 | $1,556 |
| West Ridge | $143 | $210 | $456 | $767 | $1,160 |
| Wilson | $310 | $428 | $623 | $963 | $1,614 |
Source: Ownwell