Quitman County, Mississippi Property Taxes
The median property tax rate in Quitman County is 2.58%, 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 Quitman County at $32,455, the typical annual property tax bill is $743, which is below the national median of $2,690. Property taxes in Quitman 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 Quitman 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 Marks or another part of Quitman County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Quitman County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.58%
Estimate Property Tax Bill
$837
$777
Ownwell’s Quitman County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Quitman County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Quitman County to estimate your property tax bill. This insightful tool 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 Quitman County, Mississippi
Property taxes in Quitman County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Quitman County is 2.58%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Quitman County set these rates annually, and they can vary significantly between different areas within the county. Each year, Quitman 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 Quitman County's effective property tax rate with other areas and the national median. For comparison, the city of Crowder has one of the higher property tax rates at 3.25%, while the city of Batesville boasts one of the lowest at 1.08%. Analyzing how Quitman County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Quitman County Tax Rate
2.58%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Quitman County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | N/A | N/A | N/A | N/A | N/A |
| Coahoma | N/A | N/A | N/A | N/A | N/A |
| Crenshaw | N/A | N/A | N/A | N/A | N/A |
| Crowder | 1.75% | 1.77% | 3.25% | 3.26% | 3.26% |
| Darling | N/A | N/A | N/A | N/A | N/A |
| Lambert | 1.37% | 2.42% | 2.58% | 4.23% | 4.23% |
| Lyon | N/A | N/A | N/A | N/A | N/A |
| Marks | 0.22% | 1.55% | 2.58% | 3.59% | 3.61% |
| Sledge | N/A | N/A | N/A | N/A | N/A |
| Vance | 2.58% | 2.58% | 2.58% | 2.58% | 2.58% |
Source: Ownwell
Property Tax Assessment Values Across Quitman County, Mississippi
In Quitman 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 Quitman 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 Quitman 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 Quitman County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Quitman County, Vance has the highest median tax bill at $2,678, while Crowder has the lowest at $398.
Property Tax Assessment Values Across Quitman County, Mississippi
Source: Ownwell
$13,063
$58,429
$103,795
Average Quitman County Assessed Value
$32,455
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Quitman County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | N/A | N/A | N/A | N/A | N/A |
| Coahoma | N/A | N/A | N/A | N/A | N/A |
| Crenshaw | N/A | N/A | N/A | N/A | N/A |
| Crowder | $5,842 | $6,991 | $13,063 | $38,635 | $60,770 |
| Darling | N/A | N/A | N/A | N/A | N/A |
| Lambert | $7,117 | $17,713 | $37,260 | $69,883 | $145,889 |
| Lyon | N/A | N/A | N/A | N/A | N/A |
| Marks | $6,784 | $12,374 | $33,774 | $66,539 | $111,353 |
| Sledge | N/A | N/A | N/A | N/A | N/A |
| Vance | $38,227 | $64,597 | $103,795 | $243,531 | $254,017 |
Source: Ownwell
Property Tax Bills Across Quitman County, Mississippi
In Quitman County, Mississippi, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the market value of the property. This assessed value is then multiplied by the local tax rate to determine the property tax bill. Factors such as the property's location, size, and improvements can influence the assessed value. Homeowners in Quitman County experience a wide range of property tax bills. For instance, the tax bill at the 25th percentile is $187, while at the 75th percentile, it is $1,652. The tax bill at the 90th percentile reaches $3,157. Comparing these figures to the national median property tax rate of 0.99%, Quitman County's property taxes can significantly impact homeowners, especially in areas like Vance, where the highest median tax bill is $2,678. Conversely, in Crowder, homeowners benefit from a lower median tax bill of $398. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Quitman County Tax Bill
$743
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Quitman County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | N/A | N/A | N/A | N/A | N/A |
| Coahoma | N/A | N/A | N/A | N/A | N/A |
| Crenshaw | N/A | N/A | N/A | N/A | N/A |
| Crowder | $169 | $214 | $398 | $841 | $1,387 |
| Darling | N/A | N/A | N/A | N/A | N/A |
| Lambert | $187 | $443 | $1,181 | $2,244 | $3,955 |
| Lyon | N/A | N/A | N/A | N/A | N/A |
| Marks | $75 | $210 | $778 | $1,706 | $2,667 |
| Sledge | N/A | N/A | N/A | N/A | N/A |
| Vance | $986 | $1,667 | $2,678 | $6,287 | $6,792 |
Source: Ownwell