Morgantown, Marion County, Mississippi Property Taxes
Property Taxes in Morgantown, Mississippi
Median Morgantown, Mississippi effective property tax rate: 2.11%, significantly higher than the national median of 1.02%, and higher than the Mississippi state median of 1.35%.
Median Morgantown, Mississippi home value: $49,620
Median annual Morgantown, Mississippi tax bill: $1,048, $1,352 lower than the national median property tax bill of $2,400.
How are property taxes in Marion calculated?
Property taxes in Morgantown, Mississippi 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 Morgantown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Morgantown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Morgantown, Marion County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.11%
Estimate Property Tax Bill
$1,047
$972
How Does the Morgantown Property Tax Calculator Work?
Use this Morgantown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Morgantown's median effective tax rate of 2.11% — based on actual property records in Marion County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Morgantown's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Morgantown: rates range by local taxing jurisdictions, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Morgantown.
About Morgantown Property Taxes
About Property Taxes in Morgantown, Marion, Mississippi
Morgantown’s median effective property tax rate of 2.11% is higher than the Mississippi state median of 1.35% and higher than the national median of 1.02%. This rate reflects the Marion County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Morgantown. Homeowners in different parts of the city can see meaningful differences in what they owe because school district boundaries and local assessment districts are drawn across Marion County. Understanding which part of Morgantown you live in can make a meaningful difference to your annual tax bill.
Morgantown homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 3, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Morgantown, Marion County, Mississippi
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Morgantown's effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S.
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 Morgantown Tax Rate
2.11%
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 Marion County Tax Rate
2.11%
Median Effective Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Morgantown, Marion County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39483 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Morgantown, Marion County, Mississippi
When examining property taxes in Morgantown, Mississippi, 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 Marion County appraisal district 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 Marion County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Morgantown.
For example, the median home price in Morgantown is $49,620, with tax bills ranging significantly across the county. The median tax bill is $1,048, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Morgantown, Marion County, Mississippi
Source: Ownwell
$40,300
$50,620
$60,940
Median Morgantown Market Value
$49,620
Median Marion County Market Value
$47,420
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Morgantown, Marion County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39483 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Morgantown, Marion County, Mississippi
How Are Property Tax Bills Calculated in Morgantown?
Property tax bills in Morgantown are based on the assessed value of a home and the local tax rate set by Marion County and other taxing authorities. The assessed value is the amount local officials assign to a property for tax purposes, and that figure is multiplied by the applicable tax rate to determine the bill. For a home with a median value of $49,620, the typical property tax bill is $1,048, which is below the national median property tax bill of $2,400 and well below the national median property tax rate of 1.02%.
Several factors can affect what a homeowner pays, including property characteristics, local budgets, and any exemptions that may apply. Because tax bills are tied to assessed value, changes in the market or in local assessments can raise or lower the amount owed. For homeowners, that means even modest changes in value or tax rates can have a direct impact on annual housing costs.
Median Morgantown Tax Bill
$1,048
Median Marion County Tax Bill
$615
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Morgantown, Marion County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39483 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 3 |
Links | |
|---|---|
| Marion Tax Assessor | |
| Website | www.deltacomputersystems.com |