Union County, Mississippi Property Taxes
Median Union County effective property tax rate: 1.14%, significantly higher than the national median of 1.02%.
Median Union County home value: $62,900
Median annual Union County tax bill: $664, $1,736 lower than the national median property tax bill of $2,400.
How are property taxes in Union County calculated?
Property taxes in Union 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 New Albany or another part of Union County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Union County, Mississippi Property Tax Bill Calculator
$100,000
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Median Effective Tax Rate
1.14%
Estimate Property Tax Bill
$717
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Property Tax Rates Across Union County, Mississippi
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services, then dividing that by the total value of all taxable property within its jurisdiction. The result of this calculation is the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Union County, Mississippi, the effective property tax rate is 0.86%, which is below the national median of 1.02%. This means that property owners in Union County enjoy lower property taxes compared to the national average. For comparison, the highest median tax rate in the state is found in Ripley at 1.51%, showcasing the range of tax rates within Mississippi. Understanding these differences can help property owners make informed decisions about where to buy or invest in real estate. Whether you're comparing Union County's tax rates to those of other counties in Mississippi or to the national median, it's clear that local tax policies can significantly impact your financial planning.
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 Union County Tax Rate
1.14%
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 Union County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwyn | 0.32% | 0.67% | 0.94% | 1.57% | 1.58% |
| Blue Mountain | 0.28% | 0.64% | 0.93% | 1.57% | 1.93% |
| Blue Springs | 0.49% | 0.66% | 0.92% | 1.57% | 1.60% |
| Dumas | 0.64% | 0.88% | 1.21% | 1.93% | 1.93% |
| Ecru | 0.59% | 0.67% | 0.90% | 1.57% | 1.58% |
| Etta | 0.60% | 0.68% | 0.95% | 1.57% | 1.58% |
| Guntown | 0.63% | 0.68% | 0.95% | 1.57% | 1.58% |
| Hickory Flat | 0.56% | 0.65% | 0.86% | 1.57% | 1.58% |
| Myrtle | 0.40% | 0.68% | 0.96% | 1.57% | 1.58% |
| New Albany | 0.49% | 0.84% | 1.19% | 1.93% | 2.15% |
| Ripley | 0.79% | 0.88% | 1.51% | 1.94% | 1.96% |
| Sherman | 0.93% | 1.04% | 1.15% | 2.10% | 2.10% |
| Thaxton | 0.65% | 0.71% | 0.88% | 1.57% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Union County, Mississippi
When examining property taxes in Union 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 Union 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 Union County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Union County.
For example, the median tax bill in Union County is $629, with tax bills ranging significantly across the county. Sherman has the highest median home price at $83,560.
Median Union County Market Value
$62,900
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Union County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwyn | $9,028 | $13,180 | $42,150 | $90,850 | $141,230 |
| Blue Mountain | $10,410 | $35,830 | $82,640 | $142,690 | $196,890 |
| Blue Springs | $9,240 | $19,970 | $55,380 | $103,365 | $165,440 |
| Dumas | $8,210 | $19,145 | $45,330 | $76,640 | $130,240 |
| Ecru | $11,042 | $22,232 | $46,590 | $92,422 | $162,456 |
| Etta | $8,362 | $18,090 | $49,970 | $95,820 | $171,498 |
| Guntown | $8,266 | $17,800 | $43,100 | $88,065 | $152,240 |
| Hickory Flat | $8,690 | $15,478 | $35,655 | $78,372 | $131,259 |
| Myrtle | $10,780 | $23,675 | $59,020 | $107,015 | $170,130 |
| New Albany | $11,961 | $33,015 | $69,400 | $132,195 | $212,610 |
| Ripley | $11,070 | $14,035 | $30,850 | $46,805 | $160,644 |
| Sherman | $9,330 | $60,450 | $83,560 | $107,238 | $135,385 |
| Thaxton | $8,270 | $16,145 | $30,460 | $83,250 | $167,010 |
Source: Ownwell
Property Tax Bills Across Union County, Mississippi
Median Union County Tax Bill
$664
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Union County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwyn | $72 | $157 | $364 | $792 | $1,436 |
| Blue Mountain | $117 | $274 | $668 | $1,308 | $2,201 |
| Blue Springs | $94 | $210 | $481 | $1,015 | $1,647 |
| Dumas | $107 | $229 | $583 | $937 | $1,688 |
| Ecru | $125 | $193 | $408 | $826 | $1,531 |
| Etta | $95 | $204 | $479 | $998 | $1,778 |
| Guntown | $90 | $173 | $433 | $837 | $1,460 |
| Hickory Flat | $68 | $141 | $327 | $678 | $1,081 |
| Myrtle | $108 | $238 | $533 | $1,088 | $1,809 |
| New Albany | $153 | $369 | $797 | $1,500 | $2,436 |
| Ripley | $180 | $248 | $373 | $902 | $1,224 |
| Sherman | $96 | $605 | $1,083 | $1,424 | $2,086 |
| Thaxton | $79 | $167 | $387 | $876 | $1,651 |
Source: Ownwell