Itta Bena, Leflore County, Mississippi Property Taxes
Property Taxes in Itta Bena, Mississippi
Median Itta Bena, Mississippi effective property tax rate: 1.35%, significantly higher than the national median of 1.02%, and equal to the Mississippi state median of 1.35%.
Median Itta Bena, Mississippi home value: $42,554
Median annual Itta Bena, Mississippi tax bill: $632, $1,768 lower than the national median property tax bill of $2,400.
How are property taxes in Leflore calculated?
Property taxes in Itta Bena, 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 Itta Bena's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Itta Bena, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Itta Bena, Leflore County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.35%
Estimate Property Tax Bill
$574
$533
How Does the Itta Bena Property Tax Calculator Work?
Use this Itta Bena property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Itta Bena's median effective tax rate of 1.35% — based on actual property records in Leflore County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Itta Bena'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 Itta Bena: rates range from 1.35% in 38941 to 1.35% in 38941, 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 Itta Bena.
About Itta Bena Property Taxes
About Property Taxes in Itta Bena, Leflore, Mississippi
Itta Bena’s median effective property tax rate of 1.35% is higher than the Mississippi state median of 1.35% and higher than the national median of 1.02%. This rate reflects the Leflore 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 Itta Bena. Homeowners in ZIP code 38941 carry a median effective rate of 1.35%, while those in the lowest ZIP code also pay 1.35%. This spread reflects how school district boundaries and local assessment districts are drawn across Leflore County. Understanding which part of Itta Bena you live in can make a meaningful difference to your annual tax bill.
Itta Bena 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 Itta Bena, Leflore 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 Itta Bena'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 ÷ 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 Itta Bena Tax Rate
1.35%
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 Leflore County Tax Rate
1.82%
Median Effective Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Itta Bena, Leflore County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38941 | 0.81% | 1.21% | 1.35% | 2.63% | 2.63% |
Source: Ownwell
Property Tax Assessment Values Across Itta Bena, Leflore County, Mississippi
When examining property taxes in Itta Bena, 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 Leflore 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 Leflore County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Itta Bena.
For example, the median home price in Itta Bena is $42,554, with tax bills ranging significantly across the county. 38941 has the highest median home price at $42,554.
Property Tax Assessment Values Across Itta Bena, Leflore County, Mississippi
Source: Ownwell
$22,373
$47,346
$72,319
Median Itta Bena Market Value
$42,554
Median Leflore County Market Value
$42,074
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Itta Bena, Leflore County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38941 | $14,026 | $31,169 | $42,554 | $61,913 | $105,383 |
Source: Ownwell
Property Tax Bills Across Itta Bena, Leflore County, Mississippi
Property tax bills in Itta Bena are calculated by applying the local tax rate to a home’s assessed value, which is based on its market value. For homeowners, that means the bill can change when a property’s value changes, even if the home itself does not.
In Leflore County, the median home price is $42,554, and the median property tax bill in the city is $632.00. That amount is below the national median property tax bill of $2,400 and reflects how local assessments and tax rates shape what homeowners pay.
Several factors affect the final bill, including the home’s assessed value, any exemptions that may apply, and the local millage rate used to fund public services. Homes with higher assessed values generally owe more, while lower-valued homes usually owe less.
For many homeowners, property taxes are a major recurring housing cost, so even small changes in assessment can affect monthly budgets and long-term affordability.
Median Itta Bena Tax Bill
$632
Median Leflore County Tax Bill
$626
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Itta Bena, Leflore County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38941 | $227 | $407 | $632 | $933 | $1,552 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 3 |
Links | |
|---|---|
| Leflore Tax Assessor | |
| Website | cs.datasysmgt.com |