Yalobusha County, Mississippi Property Taxes

Name: Property Tax Bills Across Yalobusha County, Mississippi
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Yalobusha County effective property tax rate: 0.96%, significantly lower than the national median of 1.02%. Median Yalobusha County home value: $47,647. Median annual Yalobusha County tax bill: $443, $1,957 lower than the national median property tax bill of $2,400.

How are property taxes in Yalobusha County calculated?

Property taxes in Yalobusha 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 Water Valley or another part of Yalobusha County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Yalobusha County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$457

$424

Ownwell’s Yalobusha County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Yalobusha County with just two data points. By entering your property's estimated assessed value, our calculator applies Yalobusha 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 Yalobusha County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Yalobusha County, Mississippi

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Yalobusha County's effective property tax rate to other counties in Mississippi or the U.S. median property tax rate.

Yalobusha County's median property tax rate stands at 0.96%, slightly below the national median of 1.02%. This offers a more affordable option for property owners compared to the national average. Within Mississippi, Grenada boasts the highest median tax rate at 1.76%, while Enid offers the lowest at 0.89%. Understanding these variances can provide valuable insights for property owners looking to manage their tax liabilities effectively. By comparing these rates, property owners can make informed decisions about potential savings and budget allocations.

Property Tax Rates Across Yalobusha County, Mississippi

Source: Ownwell

0.89%

1.33%

1.76%

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 Yalobusha County Tax Rate

0.96%

Median Effective Mississippi Tax Rate

1.31%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Yalobusha County, Mississippi

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Coffeeville	0.53%	0.75%	0.92%	1.76%	1.79%
Enid	0.75%	0.86%	0.89%	1.38%	1.84%
Grenada	0.27%	0.77%	1.76%	1.81%	2.16%
Oakland	0.52%	0.74%	0.97%	1.76%	1.77%
Pope	N/A	N/A	N/A	N/A	N/A
Scobey	0.46%	0.75%	0.89%	1.73%	1.76%
Tillatoba	0.47%	0.77%	0.93%	1.76%	1.80%
Water Valley	0.45%	0.92%	0.98%	1.46%	2.04%

Source: Ownwell

Property Tax Assessment Values Across Yalobusha County, Mississippi

When examining property taxes in Yalobusha 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 Yalobusha 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 Yalobusha 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 Yalobusha County. For example, the median tax bill in Yalobusha County is $565, with tax bills ranging significantly across the county. Grenada has the highest median home price at $54,536.

Property Tax Assessment Values Across Yalobusha County, Mississippi

Source: Ownwell

$38,866

$46,701

$54,536

Median Yalobusha County Market Value

$47,647

Median Mississippi Market Value

$68,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Yalobusha County, Mississippi

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Coffeeville	$7,636	$19,954	$43,760	$70,079	$94,561
Enid	$12,669	$33,844	$50,789	$62,115	$106,072
Grenada	$10,137	$29,571	$54,536	$82,112	$101,690
Oakland	$8,027	$16,360	$38,866	$67,822	$108,112
Pope	N/A	N/A	N/A	N/A	N/A
Scobey	$13,972	$24,678	$44,805	$75,840	$133,800
Tillatoba	$8,443	$18,764	$42,802	$72,520	$113,985
Water Valley	$12,192	$30,269	$53,446	$78,838	$121,793

Source: Ownwell

Property Tax Bills Across Yalobusha County, Mississippi

In Yalobusha County, Mississippi, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The median home price in this region is $47,647, significantly lower than the national median. Property taxes are then applied to this assessed value using the local tax rate. Homeowners in Yalobusha County typically face tax bills ranging from $213 at the 25th percentile to $757 at the 75th percentile, with the top 10% seeing bills as high as $1,320. This range indicates a relatively affordable tax environment compared to the national median property tax bill of $2,400. In Enid, the highest median tax bill is $565, while Oakland has the lowest at $350. These figures highlight the variability in property tax burdens within the county. For homeowners, understanding how these factors influence their tax bill is crucial, as it can significantly impact their overall housing costs and financial planning.

Property Tax Bills Across Yalobusha County, Mississippi

Source: Ownwell

$350

$458

$565

Median Yalobusha County Tax Bill

$443

Median Mississippi Tax Bill

$854

Median United States Tax Bill

$2,400

Property Tax Bills Across Yalobusha County, Mississippi

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Coffeeville	$72	$165	$362	$619	$1,032
Enid	$282	$501	$565	$1,006	$1,366
Grenada	$206	$314	$482	$1,373	$1,391
Oakland	$83	$167	$350	$672	$1,230
Pope	N/A	N/A	N/A	N/A	N/A
Scobey	$113	$254	$400	$685	$1,119
Tillatoba	$81	$190	$391	$688	$1,275
Water Valley	$120	$268	$516	$879	$1,507

Source: Ownwell