Grenada, Carroll County, Mississippi Property Taxes

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

Median Grenada, MS effective property tax rate: 1.57%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Grenada, MS home value: $30,756
Median annual Grenada, MS tax bill: $387, $2,013 lower than the national median property tax bill of $2,400.

How are property taxes in Carroll calculated?

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

Last Updated March 1, 2025

Grenada, Carroll County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.57%

Estimate Property Tax Bill

$483

$448

Ownwell’s Grenada Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grenada with just two data points.

By entering your property's estimated assessed value, our calculator applies Grenada’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 Carroll County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grenada, Carroll County, Mississippi

Local government entities set tax rates, which can vary widely within a state. 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 Grenada’s effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S. Grenada in Carroll County has a median property tax rate of 1.57%, which is significantly higher than the national median of 1.02%. This places Grenada among the highest in Mississippi, as the state’s median rate matches Grenada’s at 1.57%. This rate indicates the importance of understanding local property tax assessments and budgeting processes. Homeowners in Grenada may benefit from exploring property tax appeal options to ensure they are not overpaying. Understanding these dynamics can potentially lead to significant savings for property owners.

Property Tax Rates Across Grenada, Carroll County, Mississippi

Source: Ownwell

1.57%

1.82%

2.08%

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 Grenada Tax Rate

1.57%

Median Effective Carroll County Tax Rate

1.57%

Median Effective Mississippi Tax Rate

1.31%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grenada, Carroll County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38901	0.63%	0.65%	1.57%	1.57%	1.58%
38917	N/A	N/A	N/A	N/A	N/A
38943	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Grenada, Carroll County, Mississippi

When examining property taxes in Grenada, 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 Carroll 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 Carroll 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 Grenada.

For example, the median home price in Grenada is $30,756, with tax bills ranging significantly across the county. Zip code 38901 has the highest median home price at $28,094.

Property Tax Assessment Values Across Grenada, Carroll County, Mississippi

Source: Ownwell

$22,379

$39,184

$55,988

Median Grenada Market Value

$30,756

Median Carroll County Market Value

$31,552

Median Mississippi Market Value

$68,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grenada, Carroll County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38901	$12,690	$18,914	$28,094	$47,220	$76,238
38917	N/A	N/A	N/A	N/A	N/A
38943	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Grenada, Carroll County, Mississippi

In Grenada, Carroll County, MS, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Homeowners in this area face a median property tax bill of $387, significantly lower than the national median of $2,400. Factors influencing the tax bill include the local tax rate and the assessed home value. For example, homeowners at the 25th percentile pay around $196, while those at the 90th percentile pay approximately $1,268. These disparities highlight how property taxes can vary widely even within a single city, affecting homeowners' finances in different ways.

Ownwell can assist homeowners by ensuring their property is assessed accurately, potentially lowering their tax burden. Our experts analyze property assessments and identify discrepancies, helping homeowners file appeals and secure exemptions. By leveraging Ownwell's expertise, homeowners can achieve substantial savings on their property tax bills, ensuring they are not overpaying and can allocate their resources more efficiently.

Property Tax Bills Across Grenada, Carroll County, Mississippi

Source: Ownwell

$325

$646

$966

Median Grenada Tax Bill

$387

Median Carroll County Tax Bill

$394

Median Mississippi Tax Bill

$854

Median United States Tax Bill

$2,400

Property Tax Bills Across Grenada, Carroll County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38901	$140	$186	$387	$740	$1,299
38917	N/A	N/A	N/A	N/A	N/A
38943	N/A	N/A	N/A	N/A	N/A

Source: Ownwell