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Updated 2025 Tax Year

Benton County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
20.5 mills base county rate plus school district and special assessments (varies by location)
Exemptions
4+ Available
Section 1

How Property Tax Works

Benton County, Mississippi operates on an ad valorem property tax system that funds essential county services, schools, and local infrastructure. Property taxes are the primary revenue source for Benton County government operations and the Benton County School District. The county assesses property at 10% of true market value for residential properties, following Mississippi state guidelines.

Property tax rates in Benton County vary by location within the county due to different special taxing districts and municipal boundaries. For the 2025 tax year, the base county rate is 20.5 mills, with additional levies for school districts and special assessments. Property owners in the city of Ashland face different rate combinations than those in unincorporated areas. The effective tax rate on market value typically ranges from 0.75% to 1.1% depending on your specific location and applicable tax credits.

Tax bills are calculated by multiplying your property's assessed value by the total millage rate for your area, then applying any eligible tax credits that reduce your final tax liability. Most tax credits require annual application and are not automatically applied to your bill.

Section 2

What Makes Up Your Tax Bill

ComponentRate (Mills)Description
Benton County General20.5County government operations, services
Benton County Schools45.77-55.27School district operations (varies by district boundaries)
City of Ashland22.5Municipal services (Ashland residents only)
Total Range66.27-78.27Combined rate depending on location

Rates shown are for levy year 2025. The Benton County Schools rate varies from 45.77 mills to 55.27 mills depending on your specific school district boundaries within the county. Property owners in Ashland pay an additional 22.5 mills for city services. Special assessment districts may impose additional levies not reflected in this table.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Benton 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 taxes in Benton County are additional property tax bills issued when there are mid-year changes to property ownership, value, or classification. Common triggers include new construction completion, property transfers that remove exemptions, or corrections to assessment errors discovered after the main tax roll is finalized.

When a supplemental assessment is issued, the tax is calculated on a pro-rated basis for the remaining months in the tax year. For example, if new construction is completed and assessed in July, you would owe taxes for the remaining 8 months of the fiscal year (August through March). The supplemental tax uses the same millage rates as the regular tax bill for that levy year.

Supplemental tax bills are typically issued within 30-60 days of the triggering event and follow the same payment terms as regular property taxes. If you receive a supplemental bill, it's in addition to your regular annual property tax and must be paid separately by the specified due date to avoid penalties.

Example Calculation

Example 1: $300,000 Home (County Area)

  • Market Value: $300,000
  • Assessed Value (10%): $30,000
  • Homestead Credit Applied: -$7,500 (reduces taxable value)
  • Net Taxable Value: $22,500
  • Tax Rate: 66.27 mills (20.5 county + 45.77 schools)
  • Annual Tax: $1,491
  • Monthly Escrow: $124

Example 2: $600,000 Home (Ashland)

  • Market Value: $600,000
  • Assessed Value (10%): $60,000
  • Homestead Credit Applied: -$7,500
  • Net Taxable Value: $52,500
  • Tax Rate: 88.77 mills (20.5 county + 45.77 schools + 22.5 city)
  • Annual Tax: $4,660
  • Monthly Escrow: $388

Example 3: $1,000,000 Home (County Area)

  • Market Value: $1,000,000
  • Assessed Value (10%): $100,000
  • Homestead Credit Applied: -$7,500
  • Net Taxable Value: $92,500
  • Tax Rate: 66.27 mills
  • Annual Tax: $6,130
  • Monthly Escrow: $511

Note: Homestead credit amounts shown are estimates. Actual credits require application with the Benton County Tax Assessor and eligibility verification.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Benton County require property tax escrow accounts for loans with less than 20% down payment. Your lender collects monthly escrow payments along with your mortgage payment, then pays your property taxes directly to Benton County when due. The escrow amount is calculated by dividing your previous year's tax bill by 12, plus a cushion for potential increases.

Property taxes in Benton County are due February 1st each year, with an extended deadline of March 3rd for 2026. Lenders typically pay taxes in January to ensure timely payment and avoid penalties. Your escrow account is analyzed annually, and your monthly payment may be adjusted based on actual tax bills and account balance.

You can verify that your lender has paid your taxes by checking with the Benton County Tax Collector's office or reviewing your escrow statement. If you pay your own taxes (no escrow), mark February 1st on your calendar and consider paying in January to allow processing time. Contact your lender immediately if you receive a tax bill when you believe taxes should be escrowed.

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 Benton County for the 2025-2026 tax year? A: Property taxes are due February 1st, with an extended deadline until March 3, 2026. A 14-day grace period applies specifically for vehicle tag renewals.

Q: What homestead tax credits are available and how do I apply? A: The homestead exemption caps annual assessment increases and reduces taxable value for primary residences. You must complete an application with the Benton County Tax Assessor's office. Applications are not automatic and must be filed in the county where your home is located. You cannot claim homestead if you file as a resident of another state for Mississippi income tax purposes.

Q: Do I need to reapply for homestead credits annually? A: Generally no, but you must notify the assessor of any changes in occupancy, ownership, or residency status. Military personnel stationed outside Mississippi can maintain homestead eligibility if they claim Mississippi residency and meet other requirements.

Q: How often are properties reassessed in Benton County? A: Mississippi requires property reassessment every 4-6 years, though market value adjustments may occur more frequently. The Benton County Tax Assessor maintains current assessment schedules and appeal procedures.

Q: What penalties apply for late property tax payments? A: Late payments incur interest and penalties. Contact the Benton County Tax Collector for specific penalty rates and payment options if you've missed the February 1st deadline.

Q: Can I pay my property taxes online? A: Contact the Benton County Tax Collector's office at (662) 224-6310 for current online payment options and accepted payment methods.

Q: How do special district taxes affect my bill? A: Special districts for drainage, fire protection, or other services may add additional mills to your tax rate. Your tax bill will itemize all applicable districts based on your property's location.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed with the Benton County Board of Supervisors within specific timeframes. Contact the Tax Assessor's office for appeal forms, deadlines, and supporting documentation requirements.

Q: What's the difference between tax credits and exemptions? A: Tax credits reduce your final tax bill dollar-for-dollar, while exemptions reduce the assessed value subject to tax. Most programs require application and eligibility verification - they are not automatically applied.

Q: Are there property tax relief programs for seniors or disabled residents? A: Contact the Benton County Tax Assessor at (662) 224-6320 to inquire about available programs for seniors, disabled residents, or other qualifying circumstances. Applications and income verification may be required.

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