Benton County, Mississippi Property Taxes
Property Taxes in Benton County, Mississippi
Median Benton County effective property tax rate: 2.09%, significantly higher than the national median of 1.02%.
Median Benton County home value: $21,065
Median annual Benton County tax bill: $284, lower than the national median property tax bill of $2,400.
How are property taxes in Benton County calculated?
Property taxes in Benton 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 Benton or another part of Benton County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Benton County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.09%
Estimate Property Tax Bill
$440
$409
How Does the Benton County Property Tax Calculator Work?
Use this Benton County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Benton County's median effective tax rate of 2.09% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment authority assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Benton County's median property tax bill is $284, compared with the Mississippi median tax rate of 1.35% and the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Benton County.
Property Tax Rates Across Benton County, Mississippi
What Are Effective Property Tax Rates Across Benton County?
Local government entities set tax rates, which vary widely across Benton County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Benton County's effective property tax rate to other counties in Mississippi or the U.S. median of 1.02%.
Benton County's median effective rate stands at 2.09%, which is higher than the national median of 1.02%. Within Benton County, the highest rate is found in ASHLAND at 2.10%, while POTTS CAMP has the lowest at 2.09%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Benton County Tax Rate
2.09%
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
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Benton County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | 0.98% | 1.27% | 2.10% | 2.28% | 2.31% |
| Blue Mountain | 0.96% | 1.07% | 2.09% | 2.14% | 2.17% |
| Falkner | 0.95% | 1.66% | 2.09% | 2.14% | 2.15% |
| Hickory Flat | 0.94% | 1.15% | 2.09% | 2.14% | 2.30% |
| Lamar | 0.96% | 1.14% | 2.09% | 2.10% | 2.15% |
| Michigan City | 0.97% | 1.23% | 2.09% | 2.11% | 2.14% |
| Myrtle | 0.99% | 2.08% | 2.10% | 2.14% | 2.14% |
| Potts Camp | 0.88% | 1.08% | 2.09% | 2.11% | 2.18% |
| Canaan | N/A | N/A | N/A | N/A | N/A |
| Holly Springs | N/A | N/A | N/A | N/A | N/A |
| Ripley | N/A | N/A | N/A | N/A | N/A |
| Walnut | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Benton County, Mississippi
When examining property taxes in Benton 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 Benton County tax office 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 Benton 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 Benton County.
For example, the median tax bill in Benton County is $284, with tax bills ranging significantly across the county. Michigan City has the highest median home price at $29,395.
Property Tax Assessment Values Across Benton County, Mississippi
Source: Ownwell
$14,480
$21,938
$29,395
Median Benton County Market Value
$21,065
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Benton County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $1,280 | $2,685 | $18,100 | $49,115 | $90,056 |
| Blue Mountain | $2,100 | $8,250 | $25,270 | $53,820 | $84,552 |
| Falkner | $1,090 | $3,645 | $14,480 | $42,920 | $88,848 |
| Hickory Flat | $1,500 | $6,990 | $28,150 | $60,605 | $91,807 |
| Lamar | $1,240 | $5,440 | $26,520 | $55,480 | $92,198 |
| Michigan City | $1,402 | $6,082 | $29,395 | $59,188 | $106,686 |
| Myrtle | $1,363 | $6,540 | $23,375 | $36,880 | $95,240 |
| Potts Camp | $2,000 | $7,615 | $27,560 | $56,560 | $90,150 |
| Canaan | N/A | N/A | N/A | N/A | N/A |
| Holly Springs | N/A | N/A | N/A | N/A | N/A |
| Ripley | N/A | N/A | N/A | N/A | N/A |
| Walnut | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Benton County, Mississippi
Property tax bills in Benton County are calculated from a home’s assessed value, not its market price alone. Local tax rates are then applied to that assessed value to determine the final bill. The amount a homeowner owes can vary based on property characteristics, location, and any exemptions that may reduce taxable value.
In Benton County, the median home price is $21,065, and property tax bills can differ widely across the county. The 25th percentile tax bill is $63, while the 75th percentile is $706 and the 90th percentile reaches $1,397. That spread shows how much assessed values and local tax conditions can affect what homeowners pay.
For many homeowners, property taxes are a recurring cost that can influence monthly budgets and long-term housing affordability. Even small changes in assessed value or tax rates can lead to noticeable differences in the bill.
Median Benton County Tax Bill
$284
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Benton County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $24 | $48 | $248 | $667 | $1,394 |
| Blue Mountain | $42 | $125 | $312 | $611 | $1,410 |
| Falkner | $12 | $66 | $159 | $477 | $1,059 |
| Hickory Flat | $23 | $116 | $386 | $780 | $1,411 |
| Lamar | $17 | $74 | $310 | $749 | $1,492 |
| Michigan City | $22 | $95 | $353 | $872 | $1,691 |
| Myrtle | $34 | $138 | $325 | $675 | $1,394 |
| Potts Camp | $31 | $87 | $314 | $770 | $1,227 |
| Canaan | N/A | N/A | N/A | N/A | N/A |
| Holly Springs | N/A | N/A | N/A | N/A | N/A |
| Ripley | N/A | N/A | N/A | N/A | N/A |
| Walnut | 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 | |
|---|---|
| Benton Tax Assessor | |
| Website | www.deltacomputersystems.com |