Mississippi County, Missouri Property Taxes

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

Median Mississippi County effective property tax rate: 1.02%, aligning with the national median of 1.02%.
Median Mississippi County home value: $37,500
Median annual Mississippi County tax bill: $433, $1,967 lower than the national median property tax bill of $2,400.

How are property taxes in Mississippi County calculated?

Property taxes in Mississippi 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Charleston or another part of Mississippi County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mississippi County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.02%

Estimate Property Tax Bill

$383

$355

Ownwell’s Mississippi County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mississippi County with just two data points. By entering your property's estimated assessed value, our calculator applies Mississippi County’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 more 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 Mississippi County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mississippi County, Missouri

Local government entities in Missouri set tax rates, and these can vary significantly across different counties. This variation occurs because each county annually estimates the budget needed to deliver essential services, dividing it by the total value of all taxable properties within the county. This calculation determines the property tax rate. While this process involves votes and legislation, this is the essence of how property tax rates are established each year.

In Mississippi County, the effective property tax rate is lower than the national median property tax rate of 1.02%. Compared to other counties in Missouri, Mississippi County's rate is relatively moderate. For instance, East Prairie boasts the highest median tax rate in the area at 1.13%, while Bertrand has the lowest at 0.97%. These differences highlight the diverse property tax landscape within the state. Understanding these variations can help property owners in Mississippi County make informed decisions about their property tax obligations and explore potential savings through appeals or exemptions.

Property Tax Rates Across Mississippi County, Missouri

Source: Ownwell

0.97%

1.05%

1.13%

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 County Tax Rate

1.02%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mississippi County, Missouri

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Anniston	0.98%	0.99%	0.99%	1.00%	1.04%
Bertrand	0.90%	0.90%	0.97%	0.97%	0.97%
Charleston	0.90%	1.02%	1.02%	1.02%	1.02%
East Prairie	1.01%	1.01%	1.13%	1.13%	1.15%
Wyatt	1.02%	1.04%	1.04%	1.05%	1.06%
Sikeston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mississippi County, Missouri

When examining property taxes in Mississippi 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 Mississippi County Assessor's Office 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 are sent in the spring each year and 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 Mississippi County. For example, the median tax bill in Mississippi County is $481, with tax bills ranging significantly across the county. Bertrand has the highest median home price at $47,350.

Property Tax Assessment Values Across Mississippi County, Missouri

Source: Ownwell

$8,255

$27,803

$47,350

Median Mississippi County Market Value

$37,500

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mississippi County, Missouri

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Anniston	$1,500	$2,500	$13,100	$26,300	$34,980
Bertrand	$4,100	$16,300	$47,350	$80,975	$121,500
Charleston	$3,600	$20,150	$41,400	$83,050	$133,980
East Prairie	$2,600	$15,475	$38,500	$77,200	$131,200
Wyatt	$1,200	$2,100	$8,255	$26,025	$50,210
Sikeston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mississippi County, Missouri

In Mississippi County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The tax rate is then applied to this assessed value, resulting in the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Mississippi County face a median tax bill that varies significantly, with the 25th percentile at $214 and the 75th percentile at $799. The 90th percentile reaches $1,275, indicating a wide range of tax liabilities. Bertrand records the highest median tax bill at $481, while Anniston has the lowest at $166. Compared to the national median property tax bill of $2,400, Mississippi County's tax bills are generally lower, providing some financial relief to homeowners. However, the variation in tax bills across the county underscores the importance of understanding how different factors can affect individual tax liabilities, potentially impacting household budgets and financial planning.

Property Tax Bills Across Mississippi County, Missouri

Source: Ownwell

$166

$324

$481

Median Mississippi County Tax Bill

$433

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Mississippi County, Missouri

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Anniston	$16	$36	$166	$292	$426
Bertrand	$63	$233	$481	$784	$1,109
Charleston	$46	$249	$446	$840	$1,312
East Prairie	$40	$213	$447	$823	$1,332
Wyatt	$15	$35	$224	$367	$637
Sikeston	N/A	N/A	N/A	N/A	N/A

Source: Ownwell