Oxford, Lafayette County, Mississippi Property Taxes

$774 avg. annual savings

No Upfront Costs

You only pay if we save

Property Taxes in Oxford, Mississippi

Median Oxford, Mississippi effective property tax rate: 1.52%, significantly higher than the national median of 1.02%, and higher than the Mississippi state median of 1.35%.
Median Oxford, Mississippi home value: $166,820
Median annual Oxford, Mississippi tax bill: $2,272, $128 lower than the national median property tax bill of $2,400.

How are property taxes in Lafayette calculated?

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

Last Updated April 13, 2026

Oxford, Lafayette County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.52%

Estimate Property Tax Bill

$2,536

$2,353

How Does the Oxford Property Tax Calculator Work?

Use this Oxford property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Oxford's median effective tax rate of 1.52% — based on actual property records in Lafayette County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Oxford's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.

Oxford's tax rate is higher than the Mississippi median tax rate of 1.35%, while the median property tax bill is $2,272, which is $128 lower than the state median bill.

Your bill may vary by ZIP code within Oxford: rates range from $2,272 in 38655 to $2,272 in 38655, primarily due to differences in school district levies and local assessment districts.

About Oxford Property Taxes

About Property Taxes in Oxford, Lafayette, Mississippi

Oxford's median effective property tax rate of 1.52% is higher than the Mississippi state median of 1.35% and higher than the national median of 1.02%. This rate reflects the Lafayette 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 Oxford. Homeowners in the 38655 ZIP code carry a median effective rate of 1.52%, while those in the same ZIP also pay 1.52%. This spread reflects how school district boundaries and local assessment districts are drawn across Lafayette County. Understanding which part of Oxford you live in can make a meaningful difference to your annual tax bill.

Oxford homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 3, 2026 deadline each year.

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 Oxford, Lafayette 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 Oxford'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 Oxford, Lafayette County, Mississippi

Source: Ownwell

0.71%

1.17%

1.63%

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 Oxford Tax Rate

1.52%

Median Effective Lafayette County Tax Rate

1.30%

Median Effective Mississippi Tax Rate

1.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Oxford, Lafayette County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38655	0.69%	0.91%	1.52%	1.98%	1.98%
38677	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Oxford, Lafayette County, Mississippi

When examining property taxes in Oxford, 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 Lafayette 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 are sent in the spring each year and typically reach your mailbox by the middle of July.

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 Oxford is $166,820, and the median property tax bill is $2,272, which is slightly below the national median property tax bill of $2,400. The highest median home price is in 38655 at $166,825.

Property Tax Assessment Values Across Oxford, Lafayette County, Mississippi

Source: Ownwell

$28,440

$97,633

$166,825

Median Oxford Market Value

$166,820

Median Lafayette County Market Value

$154,760

Median Mississippi Market Value

$70,930

Median United States Market Value

$235,294

Property Tax Assessment Values Across Oxford, Lafayette County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38655	$57,574	$100,248	$166,825	$255,990	$390,877
38677	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Oxford, Lafayette County, Mississippi

Oxford property tax bills are based on the assessed value of a home, not the market price alone. Local tax rates are applied to that assessed value to determine what a homeowner owes each year. In Lafayette County, the median home price is $166,820, and the median property tax bill is $2,272, which is slightly below the national median property tax bill of $2,400.

Several factors can affect the final bill, including the home’s assessed value and the local tax rate. For many homeowners, this means the bill can vary widely even among similar homes. In Oxford, the 25th percentile tax bill is $1,327, while the 75th percentile is $3,578. At the high end, the 90th percentile reaches $5,542, showing how quickly taxes can rise for higher-valued properties or homes with larger assessments.

For homeowners, property taxes are a recurring cost that can significantly affect monthly housing affordability and long-term ownership expenses.

Property Tax Bills Across Oxford, Lafayette County, Mississippi

Source: Ownwell

$295

$1,284

$2,272

Median Oxford Tax Bill

$2,272

Median Lafayette County Tax Bill

$2,015

Median Mississippi Tax Bill

$914

Median United States Tax Bill

$2,400

Property Tax Bills Across Oxford, Lafayette County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38655	$559	$1,327	$2,272	$3,578	$5,542
38677	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	August 3

Links
Lafayette Tax Assessor
Website	www.deltacomputersystems.com

Frequently Asked Property Tax Questions in Oxford, Mississippi

How are property taxes calculated in Oxford, Mississippi?

Property taxes in Oxford, Mississippi are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Oxford, Mississippi?

To appeal your property taxes in Oxford, Mississippi, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Oxford, Mississippi?

Common property tax exemptions in Oxford, Mississippi include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Oxford, Mississippi?

Property tax deadlines in Oxford, Mississippi vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Oxford, Mississippi?

Ownwell provides professional property tax appeal services in Oxford, Mississippi. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.