Oktibbeha County, Mississippi Property Taxes
The median property tax rate in Oktibbeha County is 1.40%, 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 Oktibbeha County at $122,140, the typical annual property tax bill reaches $1,912, which is below the national median of $2,690. Property taxes in Oktibbeha 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 Oktibbeha 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 Starkville or another part of Oktibbeha County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Oktibbeha County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$1,710
$1,587
Ownwell’s Oktibbeha County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Oktibbeha County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Oktibbeha 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 Oktibbeha County, Mississippi
Property taxes in Oktibbeha County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Oktibbeha County is 1.40%, which is higher than the U.S. national median of 0.99%. Local government entities within Oktibbeha County set these rates annually, and they can vary significantly between different areas within the county. Each year, Oktibbeha 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 Oktibbeha County's effective property tax rate with other areas and the national median. For comparison, the city of Starkville has one of the higher property tax rates in the region at 1.41%, while the city of Pheba boasts one of the lowest at 0.93%. Analyzing how Oktibbeha County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Oktibbeha County Tax Rate
1.40%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oktibbeha County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Crawford | 0.68% | 0.84% | 1.02% | 1.87% | 1.87% |
| Maben | 0.32% | 0.81% | 0.98% | 1.87% | 1.87% |
| Pheba | 0.55% | 0.80% | 0.93% | 1.08% | 1.30% |
| Starkville | 0.82% | 1.08% | 1.41% | 2.30% | 2.30% |
| Sturgis | 0.42% | 0.84% | 1.02% | 1.37% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Oktibbeha County, Mississippi
In Oktibbeha 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 Oktibbeha 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 Oktibbeha 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, Starkville has the highest median tax bill in the county at $1,995, while Crawford has the lowest at $598. Being aware of these valuation processes in Oktibbeha 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 Oktibbeha County, Mississippi
Source: Ownwell
$54,040
$92,230
$130,420
Average Oktibbeha County Assessed Value
$122,140
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oktibbeha County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Crawford | $19,494 | $31,960 | $54,040 | $90,860 | $172,398 |
| Maben | $31,568 | $47,240 | $74,940 | $111,145 | $163,210 |
| Pheba | $35,840 | $54,055 | $86,910 | $160,935 | $181,110 |
| Starkville | $39,650 | $72,680 | $130,410 | $203,515 | $293,670 |
| Sturgis | $28,452 | $50,355 | $80,380 | $126,722 | $170,667 |
Source: Ownwell
Property Tax Bills Across Oktibbeha County, Mississippi
In Oktibbeha County, MS, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The tax rate is then applied to this assessed value to determine the annual tax bill. Various factors influence the assessed value, including the home's location, size, and condition. For homeowners, the tax bill can vary significantly. For instance, the 25th percentile tax bill is $969, while the 75th percentile reaches $2,990, and the 90th percentile can be as high as $4,456. Starkville, a city within the county, has the highest median tax bill at $1,995, whereas Crawford has the lowest at $598. Comparatively, the national median property tax rate is 0.99%, which provides context for understanding local tax burdens. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Understanding these factors can help homeowners anticipate their financial obligations and plan accordingly.
Average Oktibbeha County Tax Bill
$1,912
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Oktibbeha County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Crawford | $182 | $317 | $598 | $1,322 | $1,932 |
| Maben | $257 | $437 | $834 | $1,320 | $1,903 |
| Pheba | $230 | $542 | $941 | $1,597 | $2,103 |
| Starkville | $493 | $1,092 | $1,995 | $3,103 | $4,541 |
| Sturgis | $240 | $464 | $873 | $1,418 | $2,358 |
Source: Ownwell