Clarksdale, Bolivar County, Mississippi Property Taxes
Median Clarksdale, MS effective property tax rate: 1.79%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Clarksdale, MS home value: $37,925
Median annual Clarksdale, MS tax bill: $638, $1,762 lower than the national median property tax bill of $2,400.
How are property taxes in Bolivar County calculated?
Property taxes in Clarksdale, 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 Clarksdale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clarksdale, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clarksdale, Bolivar County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.83%
Estimate Property Tax Bill
$693
$643
Property Tax Rates Across Clarksdale, Bolivar County, Mississippi
Local government entities set property tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the annual process.
In Clarksdale, located in Bolivar County, the effective property tax rate is worth noting. The median property tax rate in Mississippi is considerably lower than the national median. Clarksdale's rate is the highest in the state, emphasizing the variation in tax rates even within the same state. Comparing Clarksdale’s rate to the national median highlights how property taxes can differ dramatically based on location. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. The disparity between Clarksdale's rate and the national median underscores the importance of staying informed about local property tax trends.
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 Clarksdale Tax Rate
1.83%
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 Bolivar County Tax Rate
1.75%
Median Effective Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clarksdale, Bolivar County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38614 | 1.06% | 1.83% | 1.83% | 1.84% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Clarksdale, Bolivar County, Mississippi
When examining property taxes in Clarksdale, 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 Bolivar 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. This 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 Bolivar 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 Clarksdale.
For example, the median home price in Clarksdale is $37,925, with tax bills ranging significantly across the county. Zip code 38614 has the highest median home price at $37,925.
Property Tax Assessment Values Across Clarksdale, Bolivar County, Mississippi
Source: Ownwell
$37,860
$70,065
$102,270
Median Clarksdale Market Value
$37,860
Median Bolivar County Market Value
$42,920
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clarksdale, Bolivar County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38614 | $3,470 | $9,372 | $37,860 | $113,780 | $177,655 |
Source: Ownwell
Property Tax Bills Across Clarksdale, Bolivar County, Mississippi
Median Clarksdale Tax Bill
$650
Median Bolivar County Tax Bill
$436
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Clarksdale, Bolivar County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38614 | $36 | $132 | $650 | $1,652 | $2,965 |
Source: Ownwell