Ackerman, Choctaw County, Mississippi Property Taxes

Name: Property Tax Bills Across Ackerman, Choctaw County, Mississippi
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Ackerman, MS effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Ackerman, MS home value: $59,695
Median annual Ackerman, MS tax bill: $520, $1,880 lower than the national median property tax bill of $2,400.

How are property taxes in Choctaw calculated?

Property taxes in Ackerman, MS 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 Ackerman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ackerman, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Ackerman, Choctaw County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$537

$499

Ownwell’s Ackerman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ackerman with just two data points. By entering your property's estimated assessed value, our calculator applies Ackerman’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Choctaw County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Ackerman, Choctaw County, Mississippi

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Ackerman, located in Choctaw County, Mississippi, the effective property tax rate is 0.90%. This rate is slightly below the national median property tax rate of 1.02%, offering a more affordable option for property owners compared to many other regions in the United States. The median property tax rate across Mississippi aligns with Ackerman’s rate, indicating consistency within the state. However, this rate can still vary within different counties and cities in Mississippi. For property owners in Ackerman, this lower rate can translate into significant savings on their annual property tax bill, especially when compared to the national median property tax bill of $2,400. Understanding these rates and how they compare can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Ackerman, Choctaw County, Mississippi

Source: Ownwell

0.56%

0.89%

1.21%

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 Ackerman Tax Rate

0.90%

Median Effective Choctaw County Tax Rate

0.81%

Median Effective Mississippi Tax Rate

1.31%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ackerman, Choctaw County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
39735	0.37%	0.44%	0.90%	1.21%	1.96%

Source: Ownwell

Property Tax Assessment Values Across Ackerman, Choctaw County, Mississippi

When examining property taxes in Ackerman, Mississippi, 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 Choctaw 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.

In Choctaw 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 Ackerman. For example, the median home price in Ackerman is $59,695, with tax bills ranging significantly across the county. Zip code 39735 has the highest median home price at $59,695.

Property Tax Assessment Values Across Ackerman, Choctaw County, Mississippi

Source: Ownwell

$37,646

$49,555

$61,463

Median Ackerman Market Value

$59,695

Median Choctaw County Market Value

$55,604

Median Mississippi Market Value

$68,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ackerman, Choctaw County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
39735	$17,709	$39,603	$59,695	$91,230	$145,695

Source: Ownwell

Property Tax Bills Across Ackerman, Choctaw County, Mississippi

In Ackerman, located in Choctaw County, MS, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the market value of the home. With a median home price of $59,695, homeowners in Ackerman face a median property tax bill of $520. This figure is significantly lower than the national median property tax bill of $2,400. However, tax bills can vary widely, with the 25th percentile paying around $247 and the 90th percentile reaching $1,361. Several factors influence these variations, including property location, size, and any applicable exemptions. Homeowners can feel the financial impact of these taxes, particularly if they fall into the higher tax brackets. Ownwell assists homeowners by providing expert property tax appeal services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners in Ackerman pay only their fair share, maximizing savings and alleviating financial stress.

Property Tax Bills Across Ackerman, Choctaw County, Mississippi

Source: Ownwell

$241

$381

$520

Median Ackerman Tax Bill

$520

Median Choctaw County Tax Bill

$414

Median Mississippi Tax Bill

$854

Median United States Tax Bill

$2,400

Property Tax Bills Across Ackerman, Choctaw County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
39735	$116	$247	$520	$890	$1,361

Source: Ownwell