Panola County, Mississippi Property Taxes
Property Taxes in Panola County, Mississippi
Median Panola County effective property tax rate: 1.33%, significantly higher than the national median of 1.02%.
Median Panola County home value: $36,390
Median annual Panola County tax bill: $599, lower than the national median property tax bill of $2,400.
How are property taxes in Panola County calculated?
Property taxes in Panola 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 Panola County’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Sardis or another part of Panola County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Panola County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.33%
Estimate Property Tax Bill
$484
$449
How Does the Panola County Property Tax Calculator Work?
Use this Panola County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Panola County's median effective tax rate of 1.33% to generate your estimate.
Enter your property's estimated assessed value — the figure used 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.
Panola County's median effective tax rate is higher than the Mississippi median tax rate of 1.35% and the county's median property tax bill is $599, which is lower than the national median property tax bill of $2,400 by $1,801. For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Panola County.
Property Tax Rates Across Panola County, Mississippi
What Are Effective Property Tax Rates Across Panola County?
Local government entities set tax rates, which vary widely across Panola 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 Panola County's effective property tax rate to other counties in Mississippi or the U.S. median of 1.02%.
Panola County's median effective rate stands at 1.33%, which is higher than the national median of 1.02%. Within Panola County, the highest rate is found in Crenshaw at 1.92%, while Courtland has the lowest at 1.17%.
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 ÷ 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 Panola County Tax Rate
1.33%
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 Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Panola County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | 0.81% | 0.99% | 1.37% | 1.99% | 2.50% |
| Como | 0.86% | 1.05% | 1.70% | 1.93% | 1.96% |
| Courtland | 0.88% | 0.92% | 1.17% | 1.99% | 1.99% |
| Crenshaw | 0.89% | 1.25% | 1.92% | 2.49% | 2.50% |
| Enid | 0.65% | 0.94% | 1.19% | 1.99% | 1.99% |
| Pope | 0.74% | 0.92% | 1.32% | 1.99% | 1.99% |
| Sarah | 0.89% | 1.01% | 1.33% | 1.94% | 1.95% |
| Sardis | 0.85% | 0.96% | 1.33% | 1.94% | 1.99% |
| Water Valley | 0.91% | 0.92% | 1.33% | 1.99% | 1.99% |
| Marks | N/A | N/A | N/A | N/A | N/A |
| Senatobia | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Panola County, Mississippi
When examining property taxes in Panola 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 Panola 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 Panola 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 Panola County.
For example, the median tax bill in Panola County is $599, with tax bills ranging significantly across the county. Batesville has the highest median home price at $46,052.
Property Tax Assessment Values Across Panola County, Mississippi
Source: Ownwell
$18,864
$32,458
$46,052
Median Panola County Market Value
$36,390
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Panola County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | $7,832 | $15,000 | $46,052 | $117,142 | $183,231 |
| Como | $8,574 | $13,445 | $28,173 | $76,732 | $162,223 |
| Courtland | $9,589 | $14,827 | $41,254 | $82,222 | $153,226 |
| Crenshaw | $3,576 | $9,316 | $18,864 | $48,465 | $87,000 |
| Enid | $11,701 | $15,524 | $43,037 | $105,003 | $172,696 |
| Pope | $2,728 | $12,252 | $26,398 | $77,010 | $132,590 |
| Sarah | $15,753 | $22,004 | $31,692 | $67,626 | $115,935 |
| Sardis | $6,440 | $13,782 | $30,716 | $74,145 | $147,753 |
| Water Valley | $8,859 | $15,388 | $22,802 | $55,112 | $121,321 |
| Marks | N/A | N/A | N/A | N/A | N/A |
| Senatobia | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Panola County, Mississippi
Property tax bills in Panola County are based on a home’s assessed value, which is then multiplied by the local tax rate to determine the amount owed. The assessed value is influenced by the market value of the property, along with local taxing jurisdictions that help set the final bill. For homeowners, this means that changes in property value or tax rates can directly affect what they pay each year.
The median home price in Panola County is $36,390, and property tax bills vary widely across the county. The 25th percentile tax bill is $221, while the 75th percentile reaches $1,421. At the higher end, the 90th percentile tax bill is $2,426. Batesville has the highest median tax bill at $782, while Crenshaw has the lowest at $334. Understanding how property taxes are calculated can help homeowners better anticipate their annual bill and see how local assessments shape what they owe.
Median Panola County Tax Bill
$599
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Panola County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Batesville | $95 | $234 | $782 | $1,706 | $2,710 |
| Como | $121 | $219 | $483 | $1,291 | $2,610 |
| Courtland | $112 | $233 | $584 | $1,272 | $1,919 |
| Crenshaw | $80 | $167 | $334 | $1,027 | $1,739 |
| Enid | $218 | $394 | $730 | $1,492 | $2,214 |
| Pope | $62 | $190 | $408 | $1,083 | $1,883 |
| Sarah | $212 | $345 | $542 | $1,002 | $1,881 |
| Sardis | $102 | $222 | $508 | $1,117 | $2,210 |
| Water Valley | $139 | $193 | $358 | $745 | $1,923 |
| Marks | N/A | N/A | N/A | N/A | N/A |
| Senatobia | 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 | |
|---|---|
| Panola Tax Assessor | |
| Website | cs.datasysmgt.com |