Mc Call Creek, Franklin County, Mississippi Property Taxes

Name: Property Tax Bills Across Mc Call Creek, Franklin County, Mississippi
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median MC CALL CREEK, MS effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median MC CALL CREEK, MS home value: $60,710
Median annual MC CALL CREEK, MS tax bill: $640, $1,760 lower than the national median property tax bill of $2,400.

How are property taxes in Franklin calculated?

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

Last Updated March 1, 2025

Mc Call Creek, Franklin County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$613

$569

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

By entering your property's estimated assessed value, our calculator applies MC CALL CREEK’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 Franklin.

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

Property Tax Rates Across Mc Call Creek, Franklin County, Mississippi

Local government entities determine property tax rates, which can vary significantly within Mississippi. Annually, each county calculates its necessary budget to provide public services and divides this by the total assessed value of all taxable properties within its jurisdiction. This process establishes the property tax rate. While the setting of these rates involves votes and legislative measures, this is the fundamental annual procedure.

In MC CALL CREEK, located in Franklin County, the effective property tax rate is a reflection of this process. When comparing this rate with other cities in Mississippi, it's evident that MC CALL CREEK maintains a competitive stance. The median property tax rate in Mississippi is slightly below the national median of 1.02%, indicating a relatively favorable tax environment for property owners.

For property owners in MC CALL CREEK, understanding these dynamics is crucial for financial planning and anticipating future tax liabilities. The property tax landscape in Mississippi, particularly in Franklin County, offers a unique perspective on how local governance and property values intersect.

Property Tax Rates Across Mc Call Creek, Franklin County, Mississippi

Source: Ownwell

0.83%

1.29%

1.75%

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 Mc Call Creek Tax Rate

1.01%

Median Effective Franklin County Tax Rate

1.37%

Median Effective Mississippi Tax Rate

1.31%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mc Call Creek, Franklin County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
39647	0.34%	0.76%	1.01%	1.74%	1.74%

Source: Ownwell

Property Tax Assessment Values Across Mc Call Creek, Franklin County, Mississippi

When examining property taxes in MC CALL CREEK, 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 Franklin 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 Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 MC CALL CREEK. For example, the median home price in MC CALL CREEK is $60,710, with tax bills ranging significantly across the county. ZIP code 39647 has the highest median home price at $60,710.

Property Tax Assessment Values Across Mc Call Creek, Franklin County, Mississippi

Source: Ownwell

$35,765

$59,740

$83,715

Median Mc Call Creek Market Value

$60,710

Median Franklin County Market Value

$51,050

Median Mississippi Market Value

$68,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mc Call Creek, Franklin County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
39647	$16,263	$37,608	$60,710	$91,740	$139,713

Source: Ownwell

Property Tax Bills Across Mc Call Creek, Franklin County, Mississippi

In Mc Call Creek, Franklin County, MS, property tax bills are determined by assessing a property's value and applying the local tax rate. With a median home price of $60,710, homeowners here face property tax bills that can vary significantly. The 25th percentile tax bill is $319, while the 75th percentile reaches $1,083, and the 90th percentile climbs to $1,766. These figures reflect the range of property values and tax rates within the area. Compared to the national median property tax bill of $2,400, Mc Call Creek presents a more affordable option for homeowners. However, these tax bills still impact the financial well-being of property owners, making it essential to ensure they are fair and accurate. Ownwell offers a solution by helping homeowners appeal their property tax assessments and identify potential exemptions. By leveraging their expertise, homeowners can potentially reduce their tax bills, ensuring they only pay what is necessary. This service not only saves money but also provides peace of mind.

Property Tax Bills Across Mc Call Creek, Franklin County, Mississippi

Source: Ownwell

$467

$611

$754

Median Mc Call Creek Tax Bill

$640

Median Franklin County Tax Bill

$566

Median Mississippi Tax Bill

$854

Median United States Tax Bill

$2,400

Property Tax Bills Across Mc Call Creek, Franklin County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
39647	$151	$319	$640	$1,083	$1,766

Source: Ownwell