Byhalia, Marshall County, Mississippi Property Taxes
Median Byhalia, MS effective property tax rate: 1.72%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Byhalia, MS home value: $59,780
Median annual Byhalia, MS tax bill: $587, $1,813 lower than the national median property tax bill of $2,400.
How are property taxes in Marshall County calculated?
Property taxes in Byhalia, 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 Byhalia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Byhalia, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Byhalia, Marshall County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.72%
Estimate Property Tax Bill
$1,028
$954
Property Tax Rates Across Byhalia, Marshall County, Mississippi
Local government entities set tax rates, which can vary widely within a state. 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 Byhalia’s effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S.
Byhalia, located in Marshall County, has a median property tax rate of 1.72%. This rate is higher than the national median property tax rate of 1.02%. It's important to note that while the property tax rate in Byhalia is higher than the national average, it is consistent with the median rate for Mississippi. This suggests that property owners in Byhalia may experience higher tax bills compared to those in other parts of the country but are on par with other areas within the state. Understanding these rates can help property owners anticipate their tax obligations and explore potential savings through 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 Byhalia Tax Rate
1.72%
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 Marshall County Tax Rate
1.72%
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Byhalia, Marshall County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38611 | 0.61% | 0.83% | 1.72% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Byhalia, Marshall County, Mississippi
When examining property taxes in Byhalia, 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 Marshall 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 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. 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 Byhalia.
For example, the median home price in Byhalia is $59,780, with tax bills ranging significantly across the county. Zip code 38611 has the highest median home price at $59,780.
Property Tax Assessment Values Across Byhalia, Marshall County, Mississippi
Source: Ownwell
$31,190
$49,310
$67,430
Median Byhalia Market Value
$59,780
Median Marshall County Market Value
$56,450
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Byhalia, Marshall County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38611 | $9,750 | $21,960 | $59,780 | $112,700 | $197,956 |
Source: Ownwell
Property Tax Bills Across Byhalia, Marshall County, Mississippi
In Byhalia, located in Marshall County, MS, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. Homeowners in Byhalia face a median property tax bill of $587, notably lower than the national median of $2400. Factors influencing the tax bill include the property's assessed value and the local tax rate. Despite the relatively low median tax bill, homeowners can still benefit from potential savings.
Ownwell provides valuable assistance in reducing property tax bills by offering comprehensive property tax appeal and exemption services. Our experts analyze your property's assessed value, comparing it with similar properties to identify discrepancies. If your property is over-assessed, we guide you through the appeal process to ensure you are not overpaying. By leveraging our expertise, homeowners in Byhalia can potentially save significantly on their property tax bills, ensuring they only pay their fair share.
Median Byhalia Tax Bill
$587
Median Marshall County Tax Bill
$600
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Byhalia, Marshall County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38611 | $129 | $263 | $587 | $1,291 | $2,214 |
Source: Ownwell