Sunflower County, Mississippi Property Taxes
The median property tax rate in Sunflower County is 1.85%, 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 Sunflower County at $50,210, the typical annual property tax bill reaches $885, which is much lower than the national median of $2,690. Property taxes in Sunflower 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 Sunflower 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 Indianola or another part of Sunflower County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sunflower County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.85%
Estimate Property Tax Bill
$929
$862
Ownwell’s Sunflower County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Sunflower County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sunflower 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 Sunflower County, Mississippi
Property taxes in Sunflower County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sunflower County is 1.85%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Sunflower County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sunflower 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. For comparison, the city of Ruleville has one of the higher property tax rates in Mississippi at 3.13%, while the city of Belzoni boasts one of the lowest at 0.82%. Analyzing how Sunflower County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sunflower County Tax Rate
1.85%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sunflower County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belzoni | N/A | N/A | N/A | N/A | N/A |
| Cleveland | 0.52% | 0.83% | 1.09% | 1.85% | 1.85% |
| Doddsville | 0.77% | 0.83% | 1.85% | 1.85% | 1.85% |
| Drew | 0.83% | 1.68% | 1.85% | 3.13% | 3.13% |
| Indianola | 0.79% | 1.34% | 1.85% | 2.62% | 2.62% |
| Inverness | 0.56% | 0.81% | 1.02% | 1.81% | 1.85% |
| Isola | 0.55% | 0.83% | 1.85% | 1.85% | 1.85% |
| Merigold | 0.54% | 0.83% | 1.12% | 1.85% | 1.85% |
| Moorhead | 0.80% | 1.70% | 2.41% | 3.16% | 3.16% |
| Rome | N/A | N/A | N/A | N/A | N/A |
| Ruleville | 0.93% | 1.69% | 3.13% | 3.13% | 3.13% |
| Shaw | 0.35% | 0.82% | 1.07% | 1.85% | 1.86% |
| Shelby | N/A | N/A | N/A | N/A | N/A |
| Sunflower | 0.80% | 0.81% | 1.81% | 1.81% | 1.85% |
| Tutwiler | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Sunflower County, Mississippi
In Sunflower 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 Sunflower 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 Sunflower 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. In Sunflower County, Shelby has the highest median tax bill at $1,838, while Belzoni has the lowest at $347. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Sunflower County, Mississippi
Source: Ownwell
$40,876
$62,881
$84,885
Average Sunflower County Assessed Value
$50,210
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sunflower County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belzoni | N/A | N/A | N/A | N/A | N/A |
| Cleveland | $12,056 | $21,215 | $62,272 | $136,994 | $213,260 |
| Doddsville | $21,266 | $39,036 | $54,037 | $81,696 | $130,174 |
| Drew | $14,868 | $27,620 | $42,404 | $57,129 | $94,074 |
| Indianola | $21,184 | $36,032 | $53,072 | $76,471 | $130,397 |
| Inverness | $31,705 | $42,931 | $62,732 | $105,091 | $161,540 |
| Isola | $37,425 | $54,085 | $84,885 | $122,889 | $197,325 |
| Merigold | $13,834 | $26,944 | $46,066 | $77,094 | $112,968 |
| Moorhead | $11,097 | $23,129 | $40,876 | $56,984 | $89,737 |
| Rome | N/A | N/A | N/A | N/A | N/A |
| Ruleville | $20,323 | $36,763 | $49,164 | $67,815 | $108,766 |
| Shaw | $23,928 | $41,814 | $74,815 | $116,718 | $162,262 |
| Shelby | N/A | N/A | N/A | N/A | N/A |
| Sunflower | $18,533 | $34,298 | $47,175 | $62,253 | $118,017 |
| Tutwiler | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Sunflower County, Mississippi
Property tax bills in Sunflower County, Mississippi, are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in the county is $50,210. Factors influencing the tax bill include the property’s assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners in Sunflower County, the tax bill varies significantly. A homeowner in the 25th percentile can expect to pay around $502 annually, whereas those in the 75th percentile might see bills closer to $1,430. The highest tax bills, in the 90th percentile, can reach up to $2,228. Comparatively, the national median property tax rate is 0.99%, making Sunflower County's rates relatively moderate. The city of Shelby has the highest median tax bill at $1,838, while Belzoni has the lowest at $347. These variations can significantly affect homeowners' financial planning and long-term investment in their properties.
Average Sunflower County Tax Bill
$885
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Sunflower County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belzoni | N/A | N/A | N/A | N/A | N/A |
| Cleveland | $114 | $268 | $771 | $1,496 | $2,532 |
| Doddsville | $221 | $403 | $722 | $1,121 | $1,691 |
| Drew | $246 | $491 | $797 | $1,216 | $1,797 |
| Indianola | $301 | $589 | $949 | $1,499 | $2,306 |
| Inverness | $298 | $472 | $785 | $1,293 | $1,956 |
| Isola | $360 | $475 | $1,066 | $2,212 | $2,821 |
| Merigold | $174 | $329 | $574 | $927 | $1,356 |
| Moorhead | $187 | $378 | $755 | $1,272 | $1,859 |
| Rome | N/A | N/A | N/A | N/A | N/A |
| Ruleville | $359 | $695 | $1,120 | $1,594 | $2,272 |
| Shaw | $166 | $415 | $785 | $1,453 | $2,282 |
| Shelby | N/A | N/A | N/A | N/A | N/A |
| Sunflower | $184 | $348 | $603 | $964 | $2,040 |
| Tutwiler | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell