Chickasaw County, Mississippi Property Taxes
The median property tax rate in Chickasaw County is 1.05%, which is slightly higher than the national median of 0.99% but lower than the Mississippi state median of 1.31%. With a median home value of $44,230, the typical annual property tax bill in Chickasaw County is $423, considerably less than the national median of $2,690. Property taxes in Chickasaw County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Chickasaw 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 Houston or another part of Chickasaw County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chickasaw County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$464
$431
Ownwell’s Chickasaw County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Chickasaw County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Chickasaw 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 Chickasaw County, Mississippi
Property taxes in Chickasaw County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Chickasaw County is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Chickasaw County set these rates annually, and they can vary significantly between different areas within the county. Each year, Chickasaw 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 Chickasaw County's effective property tax rate with other areas and the national median. For comparison, the city of Mantee has one of the higher property tax rates in the region at 1.66%, while the city of Okolona boasts one of the lowest at 0.82%. Analyzing how Chickasaw County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Chickasaw County Tax Rate
1.05%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chickasaw County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Houlka | 0.82% | 0.95% | 1.40% | 1.97% | 2.63% |
| Houston | 0.53% | 0.87% | 1.09% | 1.92% | 1.94% |
| Mantee | 0.36% | 0.99% | 1.66% | 1.96% | 1.98% |
| Okolona | 0.35% | 0.50% | 0.82% | 1.05% | 1.08% |
| Prairie | 0.43% | 0.85% | 1.00% | 1.92% | 1.96% |
| Shannon | 0.49% | 0.64% | 1.07% | 1.07% | 1.09% |
| Van Vleet | 0.45% | 0.89% | 0.96% | 1.93% | 1.98% |
| Vardaman | 0.79% | 0.88% | 1.21% | 1.93% | 1.99% |
| Woodland | 0.57% | 0.88% | 1.07% | 1.94% | 1.98% |
Source: Ownwell
Property Tax Assessment Values Across Chickasaw County, Mississippi
In Chickasaw 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 Chickasaw 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 Chickasaw 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 instance, Houston has the highest median tax bill at $512, while Okolona has the lowest at $271. Being aware of these valuation processes in Chickasaw 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 Chickasaw County, Mississippi
Source: Ownwell
$36,645
$49,923
$63,200
Average Chickasaw County Assessed Value
$44,230
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chickasaw County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Houlka | $6,965 | $14,522 | $36,645 | $63,910 | $108,081 |
| Houston | $9,808 | $24,905 | $47,505 | $74,185 | $124,092 |
| Mantee | $4,206 | $12,150 | $63,200 | $90,230 | $115,306 |
| Okolona | $8,270 | $21,592 | $41,160 | $66,078 | $105,832 |
| Prairie | $8,425 | $19,695 | $40,530 | $55,432 | $77,890 |
| Shannon | $3,748 | $17,800 | $37,560 | $67,910 | $113,382 |
| Van Vleet | $11,340 | $18,800 | $39,870 | $56,020 | $84,388 |
| Vardaman | $7,700 | $12,530 | $38,960 | $55,138 | $81,477 |
| Woodland | $7,496 | $14,955 | $44,875 | $79,308 | $129,957 |
Source: Ownwell
Property Tax Bills Across Chickasaw County, Mississippi
In Chickasaw County, MS, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. Homeowners can expect their tax bills to vary significantly depending on their property’s assessed value and the local tax rate. For instance, the median home price in Chickasaw County is $44,230, with property tax bills ranging from $208 at the 25th percentile to $1,325 at the 90th percentile. The tax bill is influenced by several factors, including the property's location and any applicable exemptions. For example, Houston has the highest median tax bill in the county at $512, while Okolona has the lowest at $271. These variations can significantly impact homeowners, as higher property taxes can affect affordability and overall financial planning. Compared to the national median property tax rate of 0.99%, Chickasaw County's rates suggest a relatively moderate tax burden, making it an attractive option for potential homeowners looking for affordability.
Average Chickasaw County Tax Bill
$423
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Chickasaw County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Houlka | $118 | $219 | $456 | $886 | $1,406 |
| Houston | $118 | $271 | $512 | $901 | $1,487 |
| Mantee | $37 | $89 | $332 | $1,122 | $1,693 |
| Okolona | $59 | $142 | $271 | $456 | $744 |
| Prairie | $106 | $177 | $363 | $612 | $885 |
| Shannon | $38 | $116 | $373 | $615 | $921 |
| Van Vleet | $140 | $262 | $491 | $670 | $852 |
| Vardaman | $92 | $219 | $346 | $582 | $1,002 |
| Woodland | $110 | $227 | $463 | $857 | $1,460 |
Source: Ownwell