Nesbit, Desoto County, Mississippi Property Taxes
Property Taxes in Nesbit, Mississippi
Median Nesbit, Mississippi effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, and higher than the Mississippi state median of 1.35%.
Median Nesbit, Mississippi home value: $30,000
Median annual Nesbit, Mississippi tax bill: $405, lower than the national median property tax bill of $2,400.
How are property taxes in DeSoto calculated?
Property taxes in Nesbit, Mississippi 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 Nesbit's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nesbit, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Nesbit, Desoto County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.39%
Estimate Property Tax Bill
$417
$387
How Does the Nesbit Property Tax Calculator Work?
Use this Nesbit property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Nesbit's median effective tax rate of 1.39% — based on actual property records in DeSoto County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Nesbit's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Nesbit: rates range from $405.00 in 38651 to $405.00 in 38651, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Nesbit.
About Nesbit Property Taxes
About Property Taxes in Nesbit, DeSoto, Mississippi
Nesbit's median effective property tax rate of 1.39% is higher than the Mississippi state median of 1.35% and higher than the national median of 1.02%. This rate reflects the DeSoto County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Nesbit. Homeowners in the 38651 ZIP code carry a median effective rate of 1.39%, while those in the same ZIP code pay 1.39%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across DeSoto County. Understanding which part of Nesbit you live in can make a meaningful difference to your annual tax bill.
Nesbit homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before August 3, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Nesbit, Desoto County, Mississippi
As noted earlier, 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 Nesbit's effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Nesbit Tax Rate
1.39%
Our median effective property tax rate (tax bill Ă· 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 Desoto County Tax Rate
2.05%
Median Effective Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nesbit, Desoto County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38651 | 1.00% | 1.01% | 1.39% | 1.50% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Nesbit, Desoto County, Mississippi
When examining property taxes in Nesbit, 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 DeSoto 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.
Assessment notices:
In DeSoto County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month.
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. For example, the median home price in Nesbit is $30,000, with tax bills ranging from $231 at the 25th percentile to $1,988 at the 90th percentile. The median tax bill is $405, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Nesbit, Desoto County, Mississippi
Source: Ownwell
$30,000
$83,769
$137,537
Median Nesbit Market Value
$30,000
Median Desoto County Market Value
$70,702
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nesbit, Desoto County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38651 | $11,354 | $22,500 | $30,000 | $57,744 | $132,222 |
Source: Ownwell
Property Tax Bills Across Nesbit, Desoto County, Mississippi
Property tax bills in Nesbit are calculated from the assessed value of a home, which is based on its market value, and the local tax rate applied to that assessment. For homeowners, this means the tax bill is not set by the purchase price alone, but by how the property is valued for tax purposes and how local taxing authorities levy taxes. In DeSoto County, the median home price is $30,000, and the median property tax bill is $405, which is well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Several factors can affect the final bill, including the home’s assessed value, exemptions, and local tax rates. Bills can vary widely even within the same area, with the 25th percentile at $231 and the 75th percentile at $666. For some homeowners, a higher assessment can mean a larger annual tax burden, while a lower assessment can help keep costs manageable.
Median Nesbit Tax Bill
$405
Median Desoto County Tax Bill
$1,471
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Nesbit, Desoto County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38651 | $138 | $231 | $405 | $666 | $1,988 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 3 |
Links | |
|---|---|
| DeSoto Tax Assessor | |
| Website | cs.datasysmgt.com |