Booneville, Prentiss County, Mississippi Property Taxes
Property Taxes in Booneville, Mississippi
Median Booneville, Mississippi effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, and higher than the Mississippi state median of 1.35%.
Median Booneville, Mississippi home value: $56,965
Median annual Booneville, Mississippi tax bill: $673, lower than the national median property tax bill of $2,400.
How are property taxes in Prentiss calculated?
Property taxes in Booneville, 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 Booneville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Booneville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Booneville, Prentiss County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.39%
Estimate Property Tax Bill
$792
$735
How Does the Booneville Property Tax Calculator Work?
Use this Booneville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Booneville's median effective tax rate of 1.39% — based on actual property records in Prentiss 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 Booneville'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 Booneville: rates range from 1.39% in 38829 to 1.39% in 38829, 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 Booneville.
About Booneville Property Taxes
About Property Taxes in Booneville, Prentiss, Mississippi
Booneville’s median effective property tax rate of 1.39% is higher than the Mississippi state median of 1.35% and higher than the national median of 1.02%. This rate reflects the Prentiss County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Booneville. Homeowners in the 38829 ZIP code carry a median effective rate of 1.39%, while those in the same ZIP code also pay 1.39%. This reflects how school district boundaries and local assessment districts are drawn across Prentiss County. Understanding where you live in Booneville can still help you better evaluate your annual tax bill.
Booneville homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the August 3, 2026 deadline each year.
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 Booneville, Prentiss 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 Booneville'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 Booneville Tax Rate
1.39%
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 Prentiss County Tax Rate
1.22%
Median Effective Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Booneville, Prentiss County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38829 | 0.66% | 0.89% | 1.39% | 1.87% | 2.44% |
Source: Ownwell
Property Tax Assessment Values Across Booneville, Prentiss County, Mississippi
When examining property taxes in Booneville, 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 Prentiss 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.
Assessment notices:
In Prentiss County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Booneville is $56,965, with tax bills ranging significantly across the county. ZIP code 38829 has the highest median home price at $56,965.
Property Tax Assessment Values Across Booneville, Prentiss County, Mississippi
Source: Ownwell
$36,400
$46,730
$57,060
Median Booneville Market Value
$56,965
Median Prentiss County Market Value
$55,600
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Booneville, Prentiss County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38829 | $6,246 | $23,170 | $56,965 | $91,480 | $141,728 |
Source: Ownwell
Property Tax Bills Across Booneville, Prentiss County, Mississippi
Booneville Property Tax Bills
Property tax bills in Booneville are based on the assessed value of a home and the local tax rate set by taxing authorities. The assessed value is tied to the market value of the property, so homes with higher market values generally face larger tax bills. For homeowners, this means the amount owed can change when property values or local rates change.
In Booneville, the median home price is $56,965, which helps explain why tax bills can be relatively modest compared with the national median property tax bill of $2,400. The local tax bill distribution also shows a wide range: the 25th percentile is $266, the 75th percentile is $1,249, and the 90th percentile is $1,998. In ZIP code 38829, the median tax bill is $673. These figures show how property taxes can vary based on a home’s assessed value and where it is located within the county.
Median Booneville Tax Bill
$673
Median Prentiss County Tax Bill
$577
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Booneville, Prentiss County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 38829 | $95 | $266 | $673 | $1,249 | $1,998 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 3 |
Links | |
|---|---|
| Prentiss Tax Assessor | |
| Website | www.deltacomputersystems.com |