Leake County, Mississippi Property Taxes
Property Taxes in Leake County, Mississippi
Median Leake County effective property tax rate: 0.87%, significantly lower than the national median of 1.02%.
Median Leake County home value: $64,625
Median annual Leake County tax bill: $576, $1,824 lower than the national median property tax bill of $2,400.
How are property taxes in Leake County calculated?
Property taxes in Leake County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Leake County or another part of Leake County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Leake County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$562
$522
How Does the Leake County Property Tax Calculator Work?
Use this Leake County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Leake County's median effective tax rate of 0.87% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Leake County's median tax rate is lower than Mississippi's 1.35% median rate, and the county's $576 median tax bill is $1,824 lower than the state median.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Leake County.
Property Tax Rates Across Leake County, Mississippi
What Are Effective Property Tax Rates Across Leake County?
Local government entities set tax rates, which vary widely across Leake County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Leake County's effective property tax rate to other counties in Mississippi or the U.S. median of 1.02%.
Leake County's median effective rate stands at 0.87%, which is lower than the national median of 1.02%. Within Leake County, the highest rate is found in Carthage at 0.88%, while Kosciusko has the lowest at 0.84%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Leake County Tax Rate
0.87%
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 Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Leake County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | 0.32% | 0.80% | 0.88% | 1.12% | 1.27% |
| Kosciusko | 0.33% | 0.80% | 0.84% | 0.99% | 1.10% |
| Lena | 0.29% | 0.82% | 0.85% | 0.99% | 1.14% |
| Walnut Grove | 0.22% | 0.69% | 0.85% | 1.02% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Leake County, Mississippi
When examining property taxes in Leake County, 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 Leake County appraisal office 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 Leake 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. The median tax bill in Leake County is $576, well below the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Carthage has the highest median home price at $68,150.
Median Leake County Market Value
$64,625
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Leake County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | $21,235 | $45,230 | $68,150 | $109,820 | $170,505 |
| Kosciusko | $18,543 | $35,905 | $50,245 | $81,322 | $142,188 |
| Lena | $19,234 | $37,310 | $58,480 | $89,170 | $156,602 |
| Walnut Grove | $16,390 | $34,572 | $56,665 | $94,970 | $155,060 |
Source: Ownwell
Property Tax Bills Across Leake County, Mississippi
Property tax bills in Leake County are calculated from a home’s assessed value, which is based on its market value, and the local tax rate applied to that assessment. When a property’s market value rises, the assessed value can rise too, which may increase the tax bill. Local taxing authorities use this process to fund public services, so the final amount can vary by location within the county.
For homeowners, the bill depends on several factors, including the property’s value, any exemptions that may apply, and the specific taxing districts tied to the home. In Leake County, the median home price is $64,625, and tax bills can vary widely, with the 25th percentile at $317 and the 75th percentile at $1,097. The 90th percentile reaches $1,974, showing how much higher bills can be for some properties. That range means homeowners may pay far less or far more than the county median depending on their home and location.
Median Leake County Tax Bill
$576
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Leake County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Carthage | $122 | $343 | $617 | $1,168 | $2,041 |
| Kosciusko | $127 | $299 | $452 | $783 | $1,593 |
| Lena | $126 | $260 | $490 | $880 | $1,801 |
| Walnut Grove | $84 | $249 | $472 | $922 | $1,874 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 3 |
Links | |
|---|---|
| Leake Tax Assessor | |
| Website | www.deltacomputersystems.com |