Alcorn County, Mississippi Property Taxes
Median Alcorn County effective property tax rate: 0.82%, significantly lower than the national median of 1.02%.
Median Alcorn County home value: $54,430
Median annual Alcorn County tax bill: $422, $1,978 lower than the national median property tax bill of $2,400.
How are property taxes in Alcorn County calculated?
Property taxes in Alcorn County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Corinth or another part of Alcorn County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Alcorn County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.82%
Estimate Property Tax Bill
$446
$414
Property Tax Rates Across Alcorn County, Mississippi
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Alcorn County Tax Rate
0.82%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alcorn County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burnsville | 0.26% | 0.75% | 0.88% | 1.74% | 1.75% |
| Corinth | 0.29% | 0.44% | 0.82% | 1.02% | 1.74% |
| Glen | 0.43% | 0.76% | 0.92% | 1.74% | 1.75% |
| Rienzi | 0.37% | 0.76% | 0.91% | 1.74% | 1.76% |
| Walnut | 0.57% | 0.76% | 1.00% | 1.74% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Alcorn County, Mississippi
When examining property taxes in Alcorn County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Alcorn County Tax Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Alcorn County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Alcorn County.
For example, the median tax bill in Alcorn County is $481, with tax bills ranging significantly across the county. Corinth has the highest median home price at $57,240.
Property Tax Assessment Values Across Alcorn County, Mississippi
Source: Ownwell
$31,960
$44,598
$57,235
Median Alcorn County Market Value
$54,430
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alcorn County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burnsville | $5,562 | $14,520 | $39,640 | $83,400 | $126,260 |
| Corinth | $13,570 | $31,790 | $57,240 | $92,155 | $152,590 |
| Glen | $6,663 | $21,810 | $46,955 | $71,898 | $111,334 |
| Rienzi | $7,341 | $20,765 | $46,455 | $79,712 | $121,420 |
| Walnut | $6,108 | $14,408 | $31,960 | $61,550 | $96,442 |
Source: Ownwell
Property Tax Bills Across Alcorn County, Mississippi
Property tax bills in Alcorn County, Mississippi, are calculated based on the assessed value of a property, which is a percentage of the market value. The local tax rate is then applied to this assessed value. In Alcorn County, the median property tax bill is significantly lower than the national median of $2,400. Homeowners in this region can expect to pay around $481 in Rienzi, the city with the highest median tax bill in the county, while BURNSVILLE boasts the lowest at $311.
Several factors influence the property tax bill, including the property's location and its assessed value. For instance, properties in areas with higher median home prices might see higher tax bills. The median home price in Alcorn County is $54,430, which contributes to the relatively low property tax bills compared to the national average.
These tax bills impact homeowners by affecting their overall cost of homeownership. Lower property taxes can make homeownership more affordable, potentially attracting new residents to the area, while also influencing the local real estate market dynamics.
Median Alcorn County Tax Bill
$422
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Alcorn County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Burnsville | $66 | $142 | $311 | $815 | $1,223 |
| Corinth | $104 | $202 | $422 | $822 | $1,392 |
| Glen | $92 | $199 | $413 | $794 | $1,210 |
| Rienzi | $97 | $222 | $481 | $854 | $1,456 |
| Walnut | $77 | $137 | $332 | $633 | $1,088 |
Source: Ownwell