Tupelo, Pontotoc County, Mississippi Property Taxes

Name: Property Tax Bills Across Tupelo, Pontotoc County, Mississippi
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Tupelo, MS effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Tupelo, MS home value: $60,218
Median annual Tupelo, MS tax bill: $864, $1,536 lower than the national median property tax bill of $2,400.

How are property taxes in Pontotoc calculated?

Property taxes in Tupelo, 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 Tupelo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tupelo, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tupelo, Pontotoc County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.31%

Estimate Property Tax Bill

$789

$732

Ownwell’s Tupelo Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tupelo with just two data points.

By entering your property's estimated assessed value, our calculator applies Tupelo’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Pontotoc County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tupelo, Pontotoc County, Mississippi

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 Tupelo’s effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S.

In Tupelo, located in Pontotoc County, the median property tax rate stands at 1.30%, which is significantly higher than the national median of 1.02%. This places Tupelo among the cities with the highest property tax rates in Mississippi. Homeowners in Tupelo face a property tax bill that is notably above the national median of $2,400. Understanding these differences can highlight the importance of property tax appeals and exemptions, potentially offering significant savings for property owners. As property values and budgets evolve, staying informed about local tax rates is essential for managing property expenses effectively.

Property Tax Rates Across Tupelo, Pontotoc County, Mississippi

Source: Ownwell

1.30%

1.48%

1.65%

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 Tupelo Tax Rate

1.31%

Median Effective Pontotoc County Tax Rate

1.33%

Median Effective Mississippi Tax Rate

1.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Tupelo, Pontotoc County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
38801	1.28%	1.28%	1.31%	1.92%	1.92%
38804	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Tupelo, Pontotoc County, Mississippi

When examining property taxes in Tupelo, MS, 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 Pontotoc 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 Pontotoc 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 Tupelo. For example, the median home price in Tupelo is $60,218, with tax bills ranging significantly across the county. Zip code 38801 has the highest median home price at $59,984.

Property Tax Assessment Values Across Tupelo, Pontotoc County, Mississippi

Source: Ownwell

$22,308

$47,364

$72,420

Median Tupelo Market Value

$60,217

Median Pontotoc County Market Value

$63,208

Median Mississippi Market Value

$70,930

Median United States Market Value

$235,294

Property Tax Assessment Values Across Tupelo, Pontotoc County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
38801	$14,119	$32,063	$60,066	$112,338	$180,284
38804	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Tupelo, Pontotoc County, Mississippi

In Tupelo, located in Pontotoc County, MS, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Tupelo is $60,218. Homeowners can expect property tax bills that vary significantly, with the 25th percentile at $462 and the 90th percentile reaching $2,444. Notably, the median property tax bill in the area is $863, which is considerably lower than the national median of $2,400. This lower tax burden can be attributed to Mississippi's overall lower property tax rates compared to the national median rate of 1.02%. However, even with lower rates, homeowners may still feel the pinch, especially if their assessed value is higher than expected. That’s where Ownwell steps in to help. By providing expert property tax appeal and exemption services, Ownwell can assist homeowners in ensuring their property tax bills are fair, potentially saving them money by reducing over-assessed values and identifying applicable exemptions.

Property Tax Bills Across Tupelo, Pontotoc County, Mississippi

Source: Ownwell

$292

$749

$1,205

Median Tupelo Tax Bill

$891

Median Pontotoc County Tax Bill

$922

Median Mississippi Tax Bill

$914

Median United States Tax Bill

$2,400

Property Tax Bills Across Tupelo, Pontotoc County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
38801	$211	$478	$880	$1,595	$2,450
38804	N/A	N/A	N/A	N/A	N/A

Source: Ownwell