Winona, Montgomery County, Mississippi Property Taxes
Property Taxes in Winona, Mississippi
Median Winona, Mississippi effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, and higher than the Mississippi state median of 1.35%.
Median Winona, Mississippi home value: $54,950
Median annual Winona, Mississippi tax bill: $884, lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Winona, 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 Winona's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Winona, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Winona, Montgomery County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.56%
Estimate Property Tax Bill
$857
$795
How Does the Winona Property Tax Calculator Work?
Use this Winona property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Winona's median effective tax rate of 1.56% — based on actual property records in Montgomery County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Winona'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 Winona: rates range from 1.56% in 38967 to 1.56% in 38967, 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 Winona.
About Winona Property Taxes
About Property Taxes in Winona, Montgomery, Mississippi
Winona’s median effective property tax rate of 1.56% is higher than the Mississippi state median of 1.35% and higher than the national median of 1.02%. This rate reflects the Montgomery County levy combined with local school district levies and special assessment districts that can vary by subdivision throughout the city.
Property tax rates are not uniform across Winona. Homeowners in ZIP code 38967 carry a median effective rate of 1.56%, while the same ZIP also shows a median bill of $884. That consistency reflects how local taxing jurisdictions are drawn across Montgomery County, but it does not mean every homeowner’s assessed value is the same.
Winona homeowners who believe their assessed value is too high can file a formal appeal with the 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 Winona, Montgomery 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 Winona'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 Winona Tax Rate
1.56%
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 Montgomery County Tax Rate
1.46%
Median Effective Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Winona, Montgomery County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38967 | 0.67% | 1.16% | 1.56% | 2.66% | 2.66% |
Source: Ownwell
Property Tax Assessment Values Across Winona, Montgomery County, Mississippi
When examining property taxes in Winona, 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 Montgomery 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 Montgomery County, assessment notices are sent in July each year. They'll typically reach your mailbox by the middle of July.
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. For example, the median home price in Winona is $54,950, with tax bills ranging significantly across the county. Zip code 38967 has the highest median home price at $54,950.
Property Tax Assessment Values Across Winona, Montgomery County, Mississippi
Source: Ownwell
$45,954
$57,321
$68,687
Median Winona Market Value
$54,950
Median Montgomery County Market Value
$53,958
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Winona, Montgomery County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38967 | $13,991 | $29,150 | $54,950 | $88,544 | $147,887 |
Source: Ownwell
Property Tax Bills Across Winona, Montgomery County, Mississippi
Winona property tax bills are calculated by multiplying the home’s assessed value by the local tax rate, then applying any exemptions or special adjustments. The assessed value is the amount the property is assigned for tax purposes, and it is influenced by the market value of the home, local assessment practices, and the taxing authorities that apply in Montgomery County.
With a median home price of $54,950, property taxes can still vary widely from one homeowner to another. The tax bill is shaped by the home’s assessed value, the applicable tax rate, and whether the owner qualifies for exemptions that reduce the amount owed. In Winona, the 25th percentile tax bill is $455, while the 75th percentile is $1,504 and the 90th percentile is $2,309.
For homeowners, this means a property tax bill can be a meaningful part of annual housing costs, even on lower-priced homes. In ZIP code 38967, the highest and lowest median tax bill is $884.00, showing how local valuation and tax rules directly affect what residents pay.
Median Winona Tax Bill
$884
Median Montgomery County Tax Bill
$790
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Winona, Montgomery County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38967 | $193 | $455 | $884 | $1,504 | $2,309 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 3 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | cs.datasysmgt.com |