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Updated 2025 Tax Year

Alcorn County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
52.76-95 mills (varies by district), equivalent to 5.276%-9.5% of assessed value
Exemptions
4+ Available
Section 1

How Property Tax Works

Alcorn County, Mississippi operates on a property tax system that funds essential local services including schools, county operations, fire protection, and infrastructure maintenance. Property taxes are calculated using a millage rate system, where each mill represents $1 in tax for every $1,000 of assessed value. The county assesses property at approximately 10% of market value for residential properties, following Mississippi state guidelines.

The effective tax rate in Alcorn County varies significantly by location within the county due to different special taxing districts. For the 2025 tax year, rates range from 52.76 mills in some areas served by Alcorn County Schools to 95 mills in areas within the Corinth city limits. These variations reflect different levels of municipal services, school district boundaries, and special assessment districts for services like fire protection or infrastructure improvements.

Property owners should note that their exact tax rate depends on their specific location within the county, as municipalities, school districts, and special service districts each levy their own portions of the total property tax bill.

Section 2

What Makes Up Your Tax Bill

ComponentRate (Mills)Description
Alcorn County Schools52.76County school district operations and debt service
City of Corinth95.00Municipal services within Corinth city limits
County GeneralVariesCounty operations, roads, and services
Fire DistrictsVariesLocal fire protection services
Special DistrictsVariesInfrastructure, drainage, or other special services

Rates shown are for Tax Year 2025 (FY 2025-2026)

The total millage rate for any property is the sum of all applicable taxing entities for that location. For example, property within Corinth city limits would be subject to both the municipal rate and applicable county/school rates. Property owners receive a detailed tax bill showing each component separately. Special taxing districts may apply additional mills for specific services, and these rates can change annually based on budget requirements and voter-approved bond issues.

Section 3

When Are Property Taxes Due?

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

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 property taxes in Alcorn County are additional tax assessments that occur when there are changes to property ownership, value, or use outside the regular assessment cycle. The most common triggers include new construction completion, major property improvements, changes in property classification, or correction of assessment errors discovered after the regular tax roll is finalized.

When supplemental taxes are assessed, they are calculated on a pro-rated basis for the portion of the tax year affected by the change. For example, if new construction is completed in January and adds $50,000 in assessed value, the supplemental tax would apply to the remaining months of that tax year. The calculation uses the same millage rates as the regular assessment.

Property owners typically receive supplemental tax bills separately from their regular annual tax statement. For instance, if a $200,000 home addition is completed mid-year in an area with a 60-mill total rate, and the addition increases assessed value by $20,000 (10% of market value), the supplemental tax for the remaining 6 months would be approximately $600 ($20,000 × 0.060 × 0.5).

Example Calculation

Example 1: $300,000 Home (Alcorn County Schools District)

  • Market Value: $300,000
  • Assessed Value (10%): $30,000
  • Less: Homestead Credit (if applicable): Varies by application
  • Net Taxable Value: $30,000
  • Tax Rate: 52.76 mills
  • Annual Tax: $1,583
  • Monthly (Escrow): $132

Example 2: $600,000 Home (City of Corinth)

  • Market Value: $600,000
  • Assessed Value (10%): $60,000
  • Less: Available Tax Credits: Varies by application
  • Net Taxable Value: $60,000
  • Tax Rate: 95.00 mills
  • Annual Tax: $5,700
  • Monthly (Escrow): $475

Example 3: $1,000,000 Property (County + Special Districts)

  • Market Value: $1,000,000
  • Assessed Value (10%): $100,000
  • Less: Applicable Tax Credits: Varies by application
  • Net Taxable Value: $100,000
  • Tax Rate: ~70 mills (estimated with special districts)
  • Annual Tax: $7,000
  • Monthly (Escrow): $583

Note: Tax credits require separate applications and have specific eligibility requirements and deadlines.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Alcorn County require property tax escrow accounts for borrowers with less than 20% equity. The lender collects monthly payments equal to 1/12th of the annual property tax bill along with the mortgage payment. These funds are held in a separate escrow account and used to pay property taxes when they become due.

Property tax payments from escrow accounts are typically made in late February or early March to meet the county's payment deadline. Lenders usually pay taxes a few days before the actual due date to ensure timely payment and avoid penalties. The Alcorn County Tax Collector's office processes these bulk payments from mortgage servicers and applies them to individual property accounts.

Property owners should verify their escrow payments annually when they receive their tax assessment. If property values or tax rates change significantly, the monthly escrow amount may need adjustment. Lenders are required to provide annual escrow analysis statements showing the account activity and any required payment changes for the upcoming year.

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 property taxes due in Alcorn County for the current tax year? A: Property taxes for Tax Year 2025 are due by March 3, 2026, following a deadline extension granted by Governor Tate Reeves. There is an automatic 14-day grace period after this date.

Q: What homestead tax credits are available and how do I apply? A: Mississippi offers homestead tax credits that limit annual assessment increases rather than reducing the assessed value directly. These credits require annual application with the county assessor's office. Contact the Alcorn County Assessor for specific application forms, deadlines, and eligibility requirements.

Q: Are there tax credits available for elderly or disabled property owners? A: Mississippi provides various tax credits for qualifying elderly, disabled, or veteran property owners. These credits reduce the actual tax bill and require separate applications with supporting documentation. Application deadlines and income limits apply - contact the county assessor for current requirements.

Q: How often are properties reassessed in Alcorn County? A: Mississippi law requires property reappraisal every four years, though the county assessor may conduct more frequent reviews. Property owners receive notice when their assessment changes and have the right to appeal during specified periods.

Q: What happens if I pay my property taxes late? A: Late payments incur penalties and interest charges. After the grace period expires, additional fees apply. Extended delinquency can result in tax lien sales. Contact the Tax Collector's office immediately if you cannot meet the payment deadline.

Q: Can I pay my property taxes online? A: Contact the Alcorn County Tax Collector's office directly to inquire about online payment options, accepted payment methods, and any associated processing fees.

Q: Why is my tax rate different from my neighbor's? A: Tax rates vary within Alcorn County based on location-specific factors including school district boundaries, municipal limits, and special taxing districts for fire protection or other services. Properties in different districts face different total millage rates.

Q: How do I appeal my property assessment? A: Property owners may appeal assessments to the County Board of Supervisors during designated appeal periods. Appeals must be filed within specific timeframes after receiving assessment notices. Contact the county assessor's office for appeal forms and procedures.

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