Carthage, Attala County, Mississippi Property Taxes
Median Carthage, MS effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Carthage, MS home value: $62,922
Median annual Carthage, MS tax bill: $620, $1,780 lower than the national median property tax bill of $2,400.
How are property taxes in Attala calculated?
Property taxes in Carthage, MS 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 Carthage’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Carthage, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Carthage, Attala County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$585
$543
Property Tax Rates Across Carthage, Attala County, Mississippi
Local government entities have the responsibility of setting property tax rates, which can differ significantly within a state. This variation arises because each county annually estimates the budget required to provide essential services and then divides that amount by the total value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although there are votes and laws involved in establishing these rates and budgets, this is essentially the annual process.
In Carthage, located in Attala County, Mississippi, the effective property tax rate is 0.93%. When compared to the national median property tax rate of 1.02%, Carthage offers a more favorable rate. This lower rate can be an attractive feature for property owners, potentially reducing the financial burden associated with homeownership. Furthermore, Carthage's rate aligns with the highest and lowest median tax rates in Mississippi, both standing at 0.93%. For those considering relocation or investment, understanding these tax implications can be crucial in making informed decisions.
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 Carthage Tax Rate
0.93%
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 Attala County Tax Rate
1.02%
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Carthage, Attala County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39051 | 0.62% | 0.65% | 0.93% | 1.55% | 1.60% |
Source: Ownwell
Property Tax Assessment Values Across Carthage, Attala County, Mississippi
When examining property taxes in Carthage, MS, 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 Attala 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.
In Attala 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 Carthage. For example, the median home price in Carthage is $62,922, with tax bills ranging significantly across the county. Zip code 39051 has the highest median home price at $62,922.
Property Tax Assessment Values Across Carthage, Attala County, Mississippi
Source: Ownwell
$47,241
$55,727
$64,212
Median Carthage Market Value
$62,922
Median Attala County Market Value
$55,740
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Carthage, Attala County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39051 | $15,627 | $33,660 | $62,922 | $111,551 | $218,201 |
Source: Ownwell
Property Tax Bills Across Carthage, Attala County, Mississippi
Median Carthage Tax Bill
$620
Median Attala County Tax Bill
$625
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Carthage, Attala County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39051 | $177 | $339 | $620 | $1,694 | $2,266 |
Source: Ownwell