Marshall County, Mississippi Property Taxes
Property Taxes in Marshall County, Mississippi
Median Marshall County effective property tax rate: 1.78%, significantly higher than the national median of 1.02%.
Median Marshall County home value: $58,620
Median annual Marshall County tax bill: $668, lower than the national median property tax bill of $2,400.
How are property taxes in Marshall County calculated?
Property taxes in Marshall 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 Marshall County or another part of Marshall County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Marshall County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.78%
Estimate Property Tax Bill
$1,043
$968
How Does the Marshall County Property Tax Calculator Work?
Use this Marshall County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Marshall County's median effective tax rate of 1.78% 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. Marshall County's median tax rate is higher than the Mississippi state median tax rate of 1.35% and also above the national median property tax rate of 1.02%.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Marshall County. The county's median property tax bill is $668, with Holly Springs at $777 and Coldwater at $418.
Property Tax Rates Across Marshall County, Mississippi
What Are Effective Property Tax Rates Across Marshall County?
Local government entities set tax rates, which vary widely across Marshall 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 Marshall County's effective property tax rate to other counties in Mississippi or the U.S. median of 1.02%.
Marshall County's median effective rate stands at 1.78%, which is higher than the national median of 1.02%. Within Marshall County, the highest rate is found in Holly Springs at 1.78%, while Olive Branch has the lowest at 1.19%.
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 Marshall County Tax Rate
1.78%
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 Marshall County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byhalia | 0.62% | 0.87% | 1.78% | 1.78% | 1.78% |
| Coldwater | 0.73% | 0.92% | 1.78% | 1.78% | 1.79% |
| Holly Springs | 0.74% | 1.11% | 1.78% | 2.23% | 2.80% |
| Lamar | 0.56% | 0.83% | 1.78% | 1.78% | 1.78% |
| Olive Branch | 0.34% | 0.78% | 1.19% | 1.78% | 1.78% |
| Red Banks | 0.53% | 0.85% | 1.33% | 1.78% | 1.79% |
| Waterford | 0.77% | 0.86% | 1.78% | 1.78% | 1.80% |
| Mount Pleasant | N/A | N/A | N/A | N/A | N/A |
| Potts Camp | N/A | N/A | N/A | N/A | N/A |
| Victoria | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Marshall County, Mississippi
When examining property taxes in Marshall 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 Marshall 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:
In Marshall 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 Marshall County is $668, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills range significantly across the county, with Holly Springs at $777 and Coldwater at $418. Red Banks has the highest median home price at $71,780.
Property Tax Assessment Values Across Marshall County, Mississippi
Source: Ownwell
$31,850
$51,815
$71,780
Median Marshall County Market Value
$58,620
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Marshall County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byhalia | $9,900 | $24,378 | $63,095 | $123,225 | $205,167 |
| Coldwater | $6,790 | $13,580 | $31,850 | $70,140 | $104,000 |
| Holly Springs | $6,250 | $21,000 | $58,850 | $93,440 | $174,298 |
| Lamar | $9,575 | $32,990 | $63,295 | $130,805 | $280,660 |
| Olive Branch | $18,696 | $35,610 | $69,040 | $117,710 | $228,900 |
| Red Banks | $10,061 | $32,828 | $71,780 | $135,098 | $204,093 |
| Waterford | $5,507 | $18,718 | $51,175 | $86,235 | $150,241 |
| Mount Pleasant | N/A | N/A | N/A | N/A | N/A |
| Potts Camp | N/A | N/A | N/A | N/A | N/A |
| Victoria | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Marshall County, Mississippi
Property tax bills in Marshall County are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value, so the final bill depends on both how a property is valued and the tax levy set by local governments. For homeowners, this means two similar houses can receive different bills if their assessed values differ.
With a median home price of $58,620, property taxes can still vary widely across the county. The 25th percentile tax bill is $267, while the 75th percentile is $1,409 and the 90th percentile reaches $2,407. That spread shows how location, property characteristics, and assessment outcomes can affect what a homeowner pays.
Bills also differ by city. Holly Springs has the highest median tax bill at $777, while Coldwater has the lowest at $418. For homeowners, understanding how the bill is calculated is important because a higher assessment can lead to a larger annual tax burden.
Median Marshall County Tax Bill
$668
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Marshall County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byhalia | $138 | $301 | $692 | $1,424 | $2,474 |
| Coldwater | $83 | $171 | $418 | $716 | $1,320 |
| Holly Springs | $110 | $276 | $777 | $1,548 | $2,520 |
| Lamar | $112 | $325 | $739 | $1,604 | $3,044 |
| Olive Branch | $148 | $348 | $668 | $1,229 | $2,894 |
| Red Banks | $120 | $316 | $739 | $1,526 | $2,508 |
| Waterford | $86 | $231 | $517 | $1,020 | $1,876 |
| Mount Pleasant | N/A | N/A | N/A | N/A | N/A |
| Potts Camp | N/A | N/A | N/A | N/A | N/A |
| Victoria | 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 | |
|---|---|
| Marshall Tax Assessor | |
| Website | www.deltacomputersystems.com |