Fulton, Itawamba County, Mississippi Property Taxes

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

Median Fulton, MS effective property tax rate: 1.08%, slightly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Fulton, MS home value: $64,390
Median annual Fulton, MS tax bill: $729, $1,671 lower than the national median property tax bill of $2,400.

How are property taxes in Itawamba calculated?

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

Last Updated March 1, 2025

Fulton, Itawamba County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$808

$750

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

By entering your property's estimated assessed value, our calculator applies Fulton’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 Itawamba.

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

Property Tax Rates Across Fulton, Itawamba County, Mississippi

Local government entities set tax rates, which can vary widely within Mississippi. 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 Fulton’s effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S.

Property Tax Rates Across Fulton, Itawamba County, Mississippi

Source: Ownwell

1.00%

1.11%

1.22%

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 Fulton Tax Rate

1.22%

Median Effective Itawamba County Tax Rate

1.14%

Median Effective Mississippi Tax Rate

1.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fulton, Itawamba County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38843	0.50%	0.95%	1.22%	2.04%	2.08%

Source: Ownwell

Property Tax Assessment Values Across Fulton, Itawamba County, Mississippi

When examining property taxes in Fulton, 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 Itawamba 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 Itawamba 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 Fulton.

For example, the median home price in Fulton is $64,390, with tax bills ranging significantly across the county. Zip code 38843 has the highest median home price at $64,390.

Property Tax Assessment Values Across Fulton, Itawamba County, Mississippi

Source: Ownwell

$52,320

$69,590

$86,860

Median Fulton Market Value

$66,240

Median Itawamba County Market Value

$63,630

Median Mississippi Market Value

$70,930

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fulton, Itawamba County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38843	$16,110	$41,890	$66,240	$102,440	$165,804

Source: Ownwell

Property Tax Bills Across Fulton, Itawamba County, Mississippi

In Fulton, located in Itawamba County, MS, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $64,390. Homeowners can expect a property tax bill that varies significantly, with the 25th percentile at $413 and the 75th percentile reaching $1,242. The highest median tax bill recorded in the 38843 ZIP code is $729, which is below the national median property tax bill of $2,400. Such disparities highlight the importance of understanding local tax assessments.

Factors influencing property tax bills include the assessed value of the property, exemptions, and local tax rates. These variables can significantly impact the financial burden on homeowners, potentially leading to overpayment if not accurately assessed.

Ownwell offers expertise in property tax appeals and exemptions, helping homeowners in Fulton navigate these complexities. By ensuring accurate assessments and identifying potential exemptions, Ownwell can assist homeowners in reducing their property tax bills, thereby providing financial relief and peace of mind.

Property Tax Bills Across Fulton, Itawamba County, Mississippi

Source: Ownwell

$531

$838

$1,144

Median Fulton Tax Bill

$834

Median Itawamba County Tax Bill

$734

Median Mississippi Tax Bill

$914

Median United States Tax Bill

$2,400

Property Tax Bills Across Fulton, Itawamba County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38843	$150	$441	$834	$1,414	$2,259

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	August 3

Links
Itawamba Tax Assessor
Website	www.deltacomputersystems.com