Calhoun City, Calhoun County, Mississippi Property Taxes
Median CALHOUN CITY, MS effective property tax rate: 1.01%, significantly lower than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median CALHOUN CITY, MS home value: $56,322
Median annual CALHOUN CITY, MS tax bill: $700, $1,700 lower than the national median property tax bill of $2,400.
How are property taxes in Calhoun calculated?
Property taxes in CALHOUN CITY, 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 CALHOUN CITY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CALHOUN CITY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Calhoun City, Calhoun County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$569
$528
Property Tax Rates Across Calhoun City, Calhoun County, Mississippi
Local government entities determine property tax rates, which can differ significantly even within the same state. Each county calculates its necessary budget for public services and divides it by the total value of all taxable properties in its area, resulting in the property tax rate. Although votes and legislation play roles in setting these rates and budgets, this is the core of the annual process.
In Calhoun City, located in Calhoun County, Mississippi, the effective property tax rate offers a glimpse into how it compares with other cities in the state and the national landscape. Mississippi's median property tax rate is slightly below the national median of 1.02%. This makes Mississippi an attractive option for property owners seeking lower tax burdens. In contrast, the national median property tax bill stands at $2400, highlighting the potential savings for Mississippi residents. As property taxes significantly impact homeowners' finances, understanding these rates can guide property investment decisions. When considering relocation or investment, it's crucial to be informed about how local tax rates might affect your financial planning.
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 Calhoun City Tax Rate
1.01%
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 Calhoun County Tax Rate
1.03%
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Calhoun City, Calhoun County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38916 | 0.50% | 0.79% | 1.01% | 1.79% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Calhoun City, Calhoun County, Mississippi
When examining property taxes in Calhoun City, 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 Calhoun County Tax Assessor 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 Calhoun 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 Calhoun City.
For example, the median home price in Calhoun City is $56,322, with tax bills ranging significantly across the county. Zip code 38916 has the highest median home price at $56,322.
Property Tax Assessment Values Across Calhoun City, Calhoun County, Mississippi
Source: Ownwell
$48,136
$60,550
$72,964
Median Calhoun City Market Value
$56,322
Median Calhoun County Market Value
$55,127
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Calhoun City, Calhoun County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38916 | $20,658 | $37,637 | $56,322 | $92,636 | $151,510 |
Source: Ownwell
Property Tax Bills Across Calhoun City, Calhoun County, Mississippi
Median Calhoun City Tax Bill
$700
Median Calhoun County Tax Bill
$645
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Calhoun City, Calhoun County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38916 | $176 | $380 | $700 | $1,088 | $1,749 |
Source: Ownwell