Kilmichael, Attala County, Mississippi Property Taxes

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

Median Kilmichael, MS effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Kilmichael, MS home value: $49,932
Median annual Kilmichael, MS tax bill: $754, $1,646 lower than the national median property tax bill of $2,400.

How are property taxes in Attala calculated?

Property taxes in Kilmichael, 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 Kilmichael’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kilmichael, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Kilmichael, Attala County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.54%

Estimate Property Tax Bill

$769

$714

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

Property Tax Rates Across Kilmichael, Attala County, Mississippi

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 Kilmichael’s effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S. Mississippi's median property tax rate stands at 0.81%, significantly lower than the national median of 1.02%. However, Kilmichael in Montgomery County is an exception, with a property tax rate of 1.54%, which is higher than both the state and national averages. This discrepancy highlights the variation in tax rates across different regions within the same state. Such differences can impact homeowners' financial planning and should be taken into account when considering property investments in the area. Understanding these nuances can help property owners make informed decisions and potentially save on taxes by appealing assessments or seeking exemptions.

Property Tax Rates Across Kilmichael, Attala County, Mississippi

Source: Ownwell

0.68%

1.11%

1.54%

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 Kilmichael Tax Rate

1.54%

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 Kilmichael, Attala County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
39747	0.64%	0.77%	1.54%	1.56%	1.56%

Source: Ownwell

Property Tax Assessment Values Across Kilmichael, Attala County, Mississippi

When examining property taxes in Kilmichael, 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 Attala County assessment authorities estimate 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 Kilmichael.

For example, the median home price in Kilmichael is $49,932, with tax bills ranging significantly across the county. ZIP code 39747 has the highest median home price at $49,932.

Property Tax Assessment Values Across Kilmichael, Attala County, Mississippi

Source: Ownwell

$47,241

$55,727

$64,212

Median Kilmichael Market Value

$49,932

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 Kilmichael, Attala County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
39747	$33,986	$46,624	$49,932	$64,398	$113,522

Source: Ownwell

Property Tax Bills Across Kilmichael, Attala County, Mississippi

In Kilmichael, MS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Kilmichael, the median property tax bill is $754, significantly lower than the national median of $2,400. This lower tax bill is reflective of the region's median home price of $49,932. However, tax bills can vary, with the 25th percentile at $525 and the 90th percentile reaching $1,196. Factors such as property size, location, and improvements can influence these variations. For homeowners, these taxes can impact monthly budgets, especially if bills are higher than expected. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By leveraging their expertise, homeowners in Kilmichael can potentially reduce their tax liability, ensuring they only pay what is fair and in line with their property's true assessed value.

Property Tax Bills Across Kilmichael, Attala County, Mississippi

Source: Ownwell

$417

$586

$754

Median Kilmichael Tax Bill

$754

Median Attala County Tax Bill

$625

Median Mississippi Tax Bill

$854

Median United States Tax Bill

$2,400

Property Tax Bills Across Kilmichael, Attala County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
39747	$450	$525	$754	$823	$1,196

Source: Ownwell