Greenville, Washington County, Mississippi Property Taxes
Median Greenville, MS effective property tax rate: 1.95%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%. Median Greenville, MS home value: $40,805. Median annual Greenville, MS tax bill: $658, $1,742 lower than the national median property tax bill of $2,400.
How are property taxes in Washington calculated?
Property taxes in Greenville, 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 Greenville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greenville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Greenville, Washington County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.95%
Estimate Property Tax Bill
$796
$738
Property Tax Rates Across Greenville, Washington County, Mississippi
Local government entities set tax rates, which can vary significantly within Mississippi. 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, this is the annual process.
In Greenville, located in Washington County, the effective property tax rate is a key factor for homeowners to consider. The median property tax rate in Mississippi is 1.95%, which is considerably higher than the national median of 1.02%. Within the state, Greenville's effective tax rate is among the highest, with the highest median rate in the area reaching 2.22% in the zip code 38702. In contrast, the lowest median tax rate is 2.20% in zip code 38704. These figures illustrate the variation in property tax rates within Mississippi, highlighting the importance of understanding local tax rates when assessing property costs.
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 Greenville Tax Rate
1.95%
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 Washington County Tax Rate
1.90%
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Greenville, Washington County, Mississippi
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
38702 | 1.03% | 1.42% | 2.22% | 3.27% | 3.50% |
38704 | 1.23% | 2.11% | 2.20% | 3.18% | 3.31% |
38701 | N/A | N/A | N/A | N/A | N/A |
38703 | N/A | N/A | N/A | N/A | N/A |
38731 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Greenville, Washington County, Mississippi
When examining property taxes in Greenville, 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 Washington 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.
In Washington 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 Greenville.
For example, the median home price in Greenville is $40,805, with tax bills ranging significantly across the county. Zip code 38702 has the highest median home price at $40,130.
Property Tax Assessment Values Across Greenville, Washington County, Mississippi
Source: Ownwell

$23,750
$52,105
$80,460
Median Greenville Market Value
$40,805
Median Washington County Market Value
$41,570
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Greenville, Washington County, Mississippi
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
38702 | $2,720 | $11,750 | $40,130 | $154,805 | $273,360 |
38704 | $5,450 | $8,100 | $23,750 | $47,450 | $158,120 |
38701 | N/A | N/A | N/A | N/A | N/A |
38703 | N/A | N/A | N/A | N/A | N/A |
38731 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Greenville, Washington County, Mississippi
In Greenville, located in Washington County, MS, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value, which local tax authorities determine. Homeowners in Greenville experience a range of tax bills, with the 25th percentile at $184 and the 75th percentile reaching $1,352. The highest median tax bill in the area is $1,120, found in the 38702 zip code, while the lowest is $538 in the 38704 zip code. Compared to the national median property tax bill of $2,400, Greenville homeowners generally face lower tax obligations.
Factors influencing tax bills include changes in property values, local government budgets, and tax rate adjustments. These bills can significantly impact homeowners' finances, making it essential to ensure accuracy in assessments. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially reducing tax burdens. By analyzing your property's assessed value and identifying discrepancies, Ownwell can help lower your tax bill, providing financial relief and peace of mind.
Median Greenville Tax Bill
$658
Median Washington County Tax Bill
$634
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Greenville, Washington County, Mississippi
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
38702 | $29 | $157 | $1,120 | $2,640 | $5,462 |
38704 | $111 | $147 | $538 | $1,531 | $1,939 |
38701 | N/A | N/A | N/A | N/A | N/A |
38703 | N/A | N/A | N/A | N/A | N/A |
38731 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell