Swiftown, Leflore County, Mississippi Property Taxes
- Median Swiftown, MS effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
- Median Swiftown, MS home value: $45,494
- Median annual Swiftown, MS tax bill: $534, $1,866 lower than the national median property tax bill of $2,400.
How are property taxes in Leflore County calculated?
Property taxes in Swiftown, 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 Swiftown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Swiftown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Swiftown, Leflore County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.82%
Estimate Property Tax Bill
$828
$768
Property Tax Rates Across Swiftown, Leflore County, Mississippi
Local government entities are responsible for setting tax rates, and these can vary significantly within Mississippi. Each year, counties estimate their required budget to fund public services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the core of the annual process.
In Swiftown, located in Leflore County, the effective property tax rate is 1.82%. This rate is notably higher than the national median property tax rate of 1.02%, indicating a more significant tax burden compared to many other areas in the U.S. However, within Mississippi, Swiftown's tax rate is consistent, with the same rate being the highest and lowest median in the state. This consistency might reflect a stable approach to budgeting and taxation in the region.
By understanding how tax rates are set and how Swiftown compares to other areas, property owners can better navigate their financial responsibilities and explore opportunities for tax appeals or exemptions.
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 Swiftown Tax Rate
1.82%
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
1.83%
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Swiftown, Leflore County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38959 | 0.81% | 1.18% | 1.82% | 1.83% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Swiftown, Leflore County, Mississippi
When examining property taxes in Swiftown, 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.
In Leflore 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 Swiftown. For example, the median home price in Swiftown is $45,494, with tax bills ranging significantly across the county. Zip code 38959 has the highest median home price at $45,494.
Property Tax Assessment Values Across Swiftown, Leflore County, Mississippi
Source: Ownwell
$22,080
$48,564
$75,048
Median Swiftown Market Value
$45,494
Median Leflore County Market Value
$41,840
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Swiftown, Leflore County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38959 | $9,106 | $16,826 | $45,494 | $104,904 | $165,686 |
Source: Ownwell
Property Tax Bills Across Swiftown, Leflore County, Mississippi
Median Swiftown Tax Bill
$534
Median Leflore County Tax Bill
$611
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Swiftown, Leflore County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38959 | $114 | $282 | $534 | $1,050 | $2,583 |
Source: Ownwell
