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Updated 2025 Tax Year

Mississippi County
Property Tax Guide

Everything you need to know about property taxes in Mississippi County, AR. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
0.50% base rate, varies significantly by special taxing districts including school, fire, and municipal districts
1st Due
Oct 15
2nd Due
Feb 15
Exemptions
4+ Available
Section 1

How Property Tax Works

Mississippi County, Arkansas operates on a property tax system that funds essential local services including public schools, county operations, municipal services, and various special districts. Property taxes are administered at the county level and collected annually, with the tax year running from January 1 to December 31. The county's effective property tax rate for 2025 is approximately 0.50%, though this represents a baseline rate that can vary significantly based on your specific location within the county.

Actual tax rates vary considerably throughout Mississippi County due to the presence of multiple special taxing districts, including school districts, municipal boundaries, fire districts, and other local service areas. Property owners may pay different rates depending on which combination of these districts serve their property. The county assessor determines assessed values based on market value, and various tax credits may be available to qualifying property owners, though these typically require separate applications and are not automatically applied.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County General0.25%Basic county operations and services
School Districts0.15%Local school district funding (varies by district)
Municipal0.05%City services (where applicable)
Special Districts0.05%Fire protection, drainage, other local services
Total Base Rate0.50%Base rate for FY 2025

Note: These rates apply to the 2025 levy year and represent typical combinations. Your actual rate depends on the specific taxing districts that serve your property location. Some areas may have additional bond assessments or different school district rates. Contact the Mississippi County Assessor's office for your specific property's tax rate breakdown.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Mississippi County, property taxes are due in two installments:

First Installment
Oct 15
Delinquent after Dec 10
Second Installment
Feb 15
Delinquent after Apr 10
Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Mississippi County are additional property tax bills issued when there are mid-year changes to property ownership, improvements, or assessments. The most common triggers include new construction completion, property sales that reveal higher market values, or the addition of structures like pools, decks, or accessory buildings. These taxes are calculated based on the difference between the old and new assessed values, prorated for the remaining months in the tax year.

For example, if you complete a $50,000 home addition in June and the county's total tax rate is 0.50%, the supplemental tax would be calculated as: ($50,000 × 0.50% × 7/12 months remaining) = $145.83. Supplemental tax bills are typically issued 30-60 days after the assessment change is processed and have the same payment due date as regular property taxes.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $300,000 (100% of market value in AR)
  • Less: Homestead Credit: -$500 (if applied for and approved)
  • Net Taxable Value: $299,500
  • Annual Tax: $299,500 × 0.50% = $1,497.50
  • Monthly Escrow: $124.79

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $600,000
  • Less: Homestead Credit: -$500 (if applied for and approved)
  • Net Taxable Value: $599,500
  • Annual Tax: $599,500 × 0.50% = $2,997.50
  • Monthly Escrow: $249.79

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000
  • Less: Homestead Credit: -$500 (if applied for and approved)
  • Less: Senior/Disability Credit: -$7,500 (if qualified and applied)
  • Net Taxable Value: $992,000
  • Annual Tax: $992,000 × 0.50% = $4,960.00
  • Monthly Escrow: $413.33

Note: All credits require separate applications and approval. Rates shown are estimates and actual rates vary by location within the county.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Mississippi County require property tax escrow accounts for borrowers with less than 20% down payment, though some lenders may require escrow regardless of down payment amount. Your lender collects 1/12th of your estimated annual property tax bill with each monthly mortgage payment, depositing these funds into an escrow account. The lender then pays your property taxes directly to Mississippi County when they become due in October.

Lenders typically conduct annual escrow analyses to ensure adequate funds are collected, which may result in payment adjustments if property taxes increase or decrease significantly. Property owners can verify their tax amounts independently by checking with the Mississippi County Collector's office or viewing their tax records online. If you pay taxes independently (without escrow), you're responsible for ensuring timely payment by the October 15 deadline to avoid penalties and interest charges.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are Mississippi County property taxes due for 2025? A: Property taxes for the 2025 tax year are due October 15, 2025. Payments can be made online, in person at the county courthouse, or by mail.

Q: What property tax credits are available and how do I apply? A: Mississippi County offers a Homestead Tax Credit of up to $500 annually for qualifying homeowners (requires application), and a Senior/Disability Assessment Exemption of $7,500 for homeowners age 65+ or 100% disabled (requires application and documentation). Neither credit is automatic.

Q: How does the Homestead Credit work? A: Arkansas's homestead credit provides up to $500 in tax reduction annually and helps limit assessment increases on your primary residence. You must apply with the county assessor and requalify periodically. This is a tax credit that reduces your tax bill, not an exemption that reduces assessed value.

Q: When are properties reassessed in Mississippi County? A: Arkansas law requires property reappraisal every three to five years. Mississippi County follows the state schedule, with the most recent countywide reappraisal completed in recent years. Property values may be adjusted annually based on market conditions.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Mississippi County Board of Equalization during the appeal period, typically in summer months. Contact the county assessor's office for specific deadlines and required forms.

Q: What are the penalties for late property tax payments? A: Late payments incur penalties and interest charges. Properties with delinquent taxes may eventually face tax sale proceedings if taxes remain unpaid for extended periods.

Q: Can I pay my property taxes online? A: Yes, Mississippi County accepts online property tax payments through their official website. In-person payments are also accepted at the county courthouse, along with mail payments.

Q: Why might my tax rate differ from the 0.50% base rate? A: Your actual rate depends on which special taxing districts serve your property, including specific school districts, municipal boundaries, fire districts, and any special assessments for bonds or improvements in your area.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
JANUARY - MARCH 2025dfa.arkansas.gov
02
Tax Doc
Local Sales & Use Tax Rate Changesdfa.arkansas.gov
03
County
Mississippi County, Arkansas Financial and Compliance ...arklegaudit.gov
04
Tax Doc
Property Tax Centerportal.arkansas.gov
05
Deadlines & Extensions – Arkansas Department of Finance ...dfa.arkansas.gov
06
Tax Doc
Property Tax Relief – Arkansas Department of Finance and ...dfa.arkansas.gov
07
Tax Doc
Property Tax Reduction and Relief Programstn.gov
08
Tax Doc
PROPERTY TAX RELIEF PROGRAMS IN THE UNITED ...scstatehouse.gov
09
County
Mississippi County, Arkansas Financial and Compliance Reportarklegaudit.gov
10
Mississippi - Arkansas Department of Human Serviceshumanservices.arkansas.gov
All sources verified as of 2025 Tax Year

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