Tippah County, Mississippi Property Taxes
Median Tippah County effective property tax rate: 1.38%, significantly higher than the national median of 1.02%.
Median Tippah County home value: $46,380
Median annual Tippah County tax bill: $673, $1,727 lower than the national median property tax bill of $2,400.
How are property taxes in Tippah County calculated?
Property taxes in Tippah County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Ripley or another part of Tippah County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tippah County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.38%
Estimate Property Tax Bill
$640
$594
Ownwell’s Tippah County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tippah County with just two data points.
By entering your property's estimated assessed value, our calculator applies Tippah County’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 more 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 Tippah County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Tippah 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, resulting in the property tax rate. Votes and laws play a role in setting these tax rates and budgets, but essentially, this is the annual process.
Tippah County in Mississippi has a median property tax rate of 1.38%, which is notably higher than the national median property tax rate of 1.02%. Within the county, Blue Mountain has the highest median tax rate at 1.49%, while Falkner has the lowest at 1.26%. These figures illustrate the variation in property tax rates within a single county and highlight how Tippah County's rate compares unfavorably to the national median. Comparing these rates can help property owners understand their tax obligations and explore potential savings through property tax appeals or exemptions. Understanding the nuances of local property tax rates can empower property owners to make informed decisions and potentially reduce their tax burdens.
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 Tippah County Tax Rate
1.38%
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 Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tippah County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | 1.02% | 1.13% | 1.40% | 2.26% | 2.50% |
| Baldwyn | 0.47% | 1.06% | 1.35% | 2.28% | 2.46% |
| Blue Mountain | 0.81% | 1.15% | 1.49% | 2.42% | 2.54% |
| Booneville | 0.74% | 1.11% | 1.34% | 2.32% | 2.41% |
| Dumas | 0.68% | 1.13% | 1.29% | 2.31% | 2.44% |
| Falkner | 0.41% | 1.06% | 1.26% | 2.22% | 2.39% |
| Myrtle | N/A | N/A | N/A | N/A | N/A |
| Ripley | 0.65% | 1.16% | 1.39% | 2.39% | 2.51% |
| Tiplersville | 0.42% | 1.09% | 1.39% | 2.27% | 2.40% |
| Walnut | 0.53% | 1.10% | 1.36% | 2.32% | 2.41% |
Source: Ownwell
Property Tax Assessment Values Across Tippah County, Mississippi
When examining property taxes in Tippah County, 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 Tippah 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.
Assessment notices: In Tippah 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 Tippah County. For example, the median tax bill in Tippah County is $741, with tax bills ranging significantly across the county. Booneville has the highest median home price at $50,545.
Property Tax Assessment Values Across Tippah County, Mississippi
Source: Ownwell
$18,460
$34,503
$50,545
Median Tippah County Market Value
$46,380
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tippah County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $5,020 | $8,420 | $18,460 | $31,380 | $65,910 |
| Baldwyn | $8,357 | $12,508 | $38,925 | $92,388 | $138,539 |
| Blue Mountain | $9,610 | $22,000 | $43,390 | $71,745 | $117,836 |
| Booneville | $11,583 | $23,102 | $50,545 | $77,240 | $110,731 |
| Dumas | $11,490 | $26,430 | $49,310 | $81,715 | $116,096 |
| Falkner | $9,084 | $25,198 | $49,930 | $83,330 | $117,400 |
| Myrtle | N/A | N/A | N/A | N/A | N/A |
| Ripley | $11,790 | $29,075 | $48,700 | $80,605 | $127,510 |
| Tiplersville | $8,080 | $21,000 | $41,335 | $65,620 | $95,215 |
| Walnut | $8,715 | $19,270 | $40,930 | $65,935 | $97,630 |
Source: Ownwell
Property Tax Bills Across Tippah County, Mississippi
Median Tippah County Tax Bill
$673
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Tippah County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $53 | $234 | $340 | $574 | $1,409 |
| Baldwyn | $195 | $211 | $377 | $1,568 | $1,953 |
| Blue Mountain | $137 | $294 | $674 | $1,193 | $1,917 |
| Booneville | $121 | $283 | $584 | $1,308 | $2,003 |
| Dumas | $160 | $325 | $646 | $1,120 | $1,508 |
| Falkner | $116 | $261 | $622 | $1,194 | $1,828 |
| Myrtle | N/A | N/A | N/A | N/A | N/A |
| Ripley | $165 | $407 | $741 | $1,230 | $1,957 |
| Tiplersville | $101 | $239 | $534 | $933 | $1,454 |
| Walnut | $107 | $221 | $545 | $1,006 | $1,599 |
Source: Ownwell