Carroll County, Mississippi Property Taxes
The median property tax rate in Carroll County is 1.57%, which is significantly higher than both the national median of 0.99% and the Mississippi state median of 1.31%. With the median home value in Carroll County, the typical annual property tax bill reaches $394, which is considerably lower than the national median of $2,690. Property taxes in Carroll County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Carroll 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 Vaiden or another part of Carroll County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carroll County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$495
$460
Ownwell’s Carroll County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Carroll County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Carroll 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 Carroll County, Mississippi
Property taxes in Carroll County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Carroll County is 1.57%, which is higher than the U.S. national median of 0.99%. Local government entities within Carroll County set these rates annually, and they can vary significantly between different areas within the county. Each year, Carroll 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 Carroll County's effective property tax rate with other counties in Mississippi and the national median. For comparison, the city of North Carrollton has one of the higher property tax rates in Mississippi at 2.08%, while the city of Mc Carley boasts one of the lowest at 1.57%. Analyzing how Carroll County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Carroll County Tax Rate
1.57%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carroll County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carrollton | 0.63% | 0.64% | 1.57% | 1.57% | 1.59% |
| Coila | 0.62% | 0.64% | 1.57% | 1.57% | 1.59% |
| Cruger | 1.57% | 1.57% | 1.57% | 1.58% | 1.59% |
| Greenwood | 0.64% | 0.64% | 1.57% | 1.57% | 1.58% |
| Grenada | 0.63% | 0.65% | 1.57% | 1.57% | 1.58% |
| Holcomb | 0.85% | 0.90% | 1.57% | 1.58% | 1.58% |
| Mc Carley | 0.61% | 0.64% | 1.57% | 1.57% | 1.57% |
| North Carrollton | 0.98% | 1.42% | 2.08% | 2.08% | 2.08% |
| Sidon | 0.64% | 0.81% | 1.57% | 1.57% | 1.57% |
| Vaiden | 0.63% | 0.83% | 1.57% | 1.58% | 2.25% |
| West | 0.64% | 1.57% | 1.57% | 1.58% | 1.58% |
| Winona | 0.63% | 0.87% | 1.57% | 1.58% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across Carroll County, Mississippi
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Carroll County. 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 Carroll 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 Carroll 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. Being aware of these valuation processes in Carroll County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For instance, the highest median tax bill in Carroll County is $966 in West, while the lowest is $325 in Coila.
Property Tax Assessment Values Across Carroll County, Mississippi
Source: Ownwell
$22,379
$39,184
$55,988
Average Carroll County Assessed Value
$31,552
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carroll County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carrollton | $12,482 | $20,774 | $32,524 | $52,398 | $85,414 |
| Coila | $11,068 | $17,249 | $29,169 | $45,632 | $90,573 |
| Cruger | $11,305 | $15,058 | $23,504 | $47,652 | $89,364 |
| Greenwood | $15,559 | $22,468 | $31,668 | $58,498 | $87,378 |
| Grenada | $13,080 | $19,387 | $30,756 | $47,135 | $76,149 |
| Holcomb | $16,659 | $27,300 | $32,418 | $76,351 | $217,281 |
| Mc Carley | $14,172 | $21,472 | $33,750 | $61,256 | $90,955 |
| North Carrollton | $4,034 | $8,325 | $22,379 | $55,331 | $58,019 |
| Sidon | $13,302 | $15,708 | $43,652 | $53,397 | $60,395 |
| Vaiden | $10,555 | $14,521 | $25,110 | $46,050 | $84,907 |
| West | $11,086 | $18,564 | $55,988 | $90,665 | $219,483 |
| Winona | $10,400 | $15,566 | $23,948 | $57,975 | $111,594 |
Source: Ownwell
Property Tax Bills Across Carroll County, Mississippi
In Carroll County, MS, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Carroll County is $31,552. Factors such as property location, home size, and market conditions influence the assessed value. The tax rate is then applied to this assessed value to calculate the tax bill. For instance, homeowners in Carroll County can expect property tax bills ranging from $213 at the 25th percentile to $775 at the 75th percentile, with the 90th percentile reaching up to $1,672. Compared to the national median property tax rate of 0.99%, Carroll County offers relatively lower property taxes. The highest median tax bill within the county is $966 in the city of West, while the lowest is $325 in Coila. These tax bills significantly impact homeowners by influencing their overall housing costs and potential affordability. Understanding these factors helps homeowners anticipate their annual property tax expenses.
Average Carroll County Tax Bill
$394
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Carroll County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carrollton | $125 | $208 | $400 | $681 | $1,219 |
| Coila | $90 | $184 | $325 | $548 | $1,391 |
| Cruger | $193 | $241 | $383 | $1,378 | $1,735 |
| Greenwood | $152 | $241 | $380 | $761 | $1,190 |
| Grenada | $143 | $196 | $387 | $734 | $1,268 |
| Holcomb | $224 | $271 | $454 | $1,343 | $2,773 |
| Mc Carley | $124 | $200 | $377 | $576 | $1,321 |
| North Carrollton | $144 | $267 | $459 | $993 | $1,176 |
| Sidon | $213 | $257 | $374 | $460 | $681 |
| Vaiden | $106 | $190 | $347 | $726 | $1,481 |
| West | $137 | $193 | $966 | $1,497 | $3,648 |
| Winona | $149 | $217 | $395 | $832 | $1,789 |
Source: Ownwell