Smith County, Mississippi Property Taxes
Property Taxes in Smith County, Mississippi
Median Smith County effective property tax rate: 0.83%, significantly lower than the national median of 1.02%.
Median Smith County home value: $64,600
Median annual Smith County tax bill: $567, lower than the national median property tax bill of $2,400.
How are property taxes in Smith County calculated?
Property taxes in Smith 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.
Why is the Smith County property tax rate important? A lower effective property tax rate can help keep annual carrying costs down, especially when compared with the state median tax rate of 1.35%.
What can reduce a property tax bill in Smith County? Understanding exemptions and assessment reduction opportunities can lead to meaningful savings.
Whether you live in Smith County or another part of the county, knowing local tax details can benefit homeowners and investors.
Last Updated April 13, 2026
Smith County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$536
$498
How Does the Smith County Property Tax Calculator Work?
Use this Smith County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Smith County's median effective tax rate of 0.83% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns 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. Smith County's median tax rate is lower than Mississippi's 1.35% median rate, and the county's median property tax bill of $567 is $1,833 lower than the state median bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Smith County.
Property Tax Rates Across Smith County, Mississippi
What Are Effective Property Tax Rates Across Smith County?
Local government entities set tax rates, which vary widely across Smith 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 Smith County's effective property tax rate to other counties in Mississippi or the U.S. median of 1.02%.
Smith County's median effective rate stands at 0.83%, which is lower than the national median of 1.02%. Within Smith County, the highest rate is found in Lake at 1.54%, while Bay Springs has the lowest at 0.71%.
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 Smith County Tax Rate
0.83%
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 Smith County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bay Springs | 0.28% | 0.61% | 0.71% | 1.54% | 1.54% |
| Forest | 0.28% | 0.62% | 0.77% | 1.54% | 1.54% |
| Lake | 0.76% | 0.87% | 1.54% | 1.54% | 2.07% |
| Louin | 0.30% | 0.62% | 0.82% | 1.54% | 1.54% |
| Magee | 0.39% | 0.62% | 0.80% | 1.54% | 1.54% |
| Mendenhall | 0.51% | 0.63% | 0.74% | 1.17% | 1.54% |
| Mize | 0.30% | 0.62% | 0.80% | 1.54% | 1.54% |
| Morton | 0.42% | 0.62% | 0.76% | 1.54% | 1.54% |
| Mount Olive | 0.32% | 0.62% | 0.76% | 1.54% | 1.54% |
| Pulaski | 0.32% | 0.62% | 0.76% | 1.54% | 1.54% |
| Raleigh | 0.38% | 0.62% | 0.92% | 1.54% | 1.59% |
| Taylorsville | 0.33% | 0.62% | 0.89% | 1.54% | 2.11% |
| Brandon | N/A | N/A | N/A | N/A | N/A |
| Lawrence | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Smith County, Mississippi
When examining property taxes in Smith 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 Smith 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 Smith County, assessment notices are sent in the spring 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. 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 Smith County.
For example, the median tax bill in Smith County is $567, with tax bills ranging significantly across the county. Mendenhall has the highest median home price at $117,030.
Property Tax Assessment Values Across Smith County, Mississippi
Source: Ownwell
$52,125
$84,578
$117,030
Median Smith County Market Value
$64,600
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Smith County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bay Springs | $30,205 | $47,382 | $77,410 | $121,700 | $183,375 |
| Forest | $20,364 | $35,770 | $67,500 | $105,590 | $165,604 |
| Lake | $28,822 | $33,640 | $54,755 | $110,195 | $146,975 |
| Louin | $19,841 | $30,978 | $52,125 | $84,575 | $127,207 |
| Magee | $18,117 | $34,580 | $65,620 | $121,240 | $186,696 |
| Mendenhall | $53,639 | $67,620 | $117,030 | $164,770 | $185,838 |
| Mize | $23,984 | $40,050 | $69,400 | $115,960 | $185,842 |
| Morton | $18,580 | $34,472 | $63,950 | $113,358 | $172,542 |
| Mount Olive | $19,948 | $36,620 | $61,670 | $106,045 | $170,750 |
| Pulaski | $16,594 | $32,900 | $63,450 | $96,660 | $152,276 |
| Raleigh | $20,396 | $38,555 | $59,990 | $97,358 | $145,369 |
| Taylorsville | $20,248 | $41,750 | $66,020 | $101,250 | $149,032 |
| Brandon | N/A | N/A | N/A | N/A | N/A |
| Lawrence | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Smith County, Mississippi
Property tax bills in Smith County are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value to determine the amount a homeowner owes each year. Factors such as a property’s location, size, and any applicable exemptions can affect the final bill.
With a median home price of $64,600, many homeowners in Smith County see relatively modest tax bills compared with higher-cost areas. The county’s tax bill distribution shows a wide range: the 25th percentile is $300, the 75th percentile is $1,025, and the 90th percentile reaches $1,671. Median bills also vary by city, from $422.00 in Louin to $766.00 in Mendenhall.
For homeowners, this means property taxes can differ significantly even within the same county, depending on how a home is assessed and where it is located.
Median Smith County Tax Bill
$567
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Smith County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bay Springs | $161 | $308 | $581 | $1,131 | $1,771 |
| Forest | $129 | $285 | $493 | $955 | $1,833 |
| Lake | $436 | $506 | $685 | $1,079 | $1,795 |
| Louin | $139 | $259 | $422 | $749 | $1,217 |
| Magee | $171 | $295 | $565 | $1,033 | $1,754 |
| Mendenhall | $426 | $605 | $766 | $1,157 | $2,645 |
| Mize | $165 | $314 | $579 | $1,095 | $1,728 |
| Morton | $152 | $277 | $504 | $958 | $1,530 |
| Mount Olive | $124 | $251 | $564 | $1,036 | $1,798 |
| Pulaski | $129 | $248 | $474 | $937 | $1,527 |
| Raleigh | $161 | $314 | $570 | $998 | $1,608 |
| Taylorsville | $151 | $322 | $605 | $1,067 | $1,651 |
| Brandon | N/A | N/A | N/A | N/A | N/A |
| Lawrence | 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 | |
|---|---|
| Smith Tax Assessor | |
| Website | www.deltacomputersystems.com |