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Updated 2025 Tax Year

DeSoto County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
41.02 mills base rate (varies by district with additional assessments for location-specific services)
Exemptions
5+ Available
Section 1

How Property Tax Works

DeSoto County, Mississippi operates on a millage-based property tax system that funds essential local services including schools, roads, public safety, and county operations. Property taxes are calculated by multiplying your property's assessed value by the applicable tax rate, measured in mills (where 1 mill equals $1 per $1,000 of assessed value). The county maintains a stable tax environment with the current levy rate held at 41.02 mills for Fiscal Year 2025.

Property tax rates in DeSoto County vary by location within the county due to special taxing districts, school districts, and municipal boundaries. While the base county rate remains consistent, residents may pay additional assessments depending on their specific location and the services provided in their area. The effective tax rate typically ranges from approximately 1.0% to 1.2% of assessed value, making DeSoto County competitive within Mississippi's property tax landscape.

Section 2

What Makes Up Your Tax Bill

ComponentRate (Mills)Description
Base County Levy41.02FY 2025 general county operations, maintained from previous year
School DistrictVariesAdditional millage varies by school district boundaries
MunicipalVariesCity/town taxes for incorporated areas only
Special DistrictsVariesFire districts, drainage, other special assessments
Total Estimated41.02+Actual rate depends on location within county

Note: These rates apply to Fiscal Year 2025 tax bills issued in December 2025. Your actual tax rate will depend on your property's location within specific taxing districts. Contact the DeSoto County Tax Assessor's office at (662) 429-1325 for your exact millage rate based on your property address.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in DeSoto 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 DeSoto County are additional property tax assessments that occur when there are changes to property ownership, value, or use during the tax year. The most common triggers include new construction completion, property improvements that increase value, changes in property use classification, or correction of assessment errors. 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 your property was previously assessed at $200,000, the supplemental tax would be calculated on the $50,000 increase for the remaining months of the tax year. At DeSoto County's rate of 41.02 mills, this would result in approximately $2,051 in additional annual taxes ($50,000 × 0.04102), prorated from the completion date through the end of the fiscal year.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value: $300,000 (100% of market value in MS)
  • Less: Homestead Tax Credit: -$7,500 (example, requires application)
  • Net Taxable Value: $292,500
  • Annual Tax: $292,500 × 0.04102 = $1,200
  • Monthly Escrow: $100

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value: $600,000
  • Less: Homestead Tax Credit: -$7,500 (requires application)
  • Net Taxable Value: $592,500
  • Annual Tax: $592,500 × 0.04102 = $2,430
  • Monthly Escrow: $203

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value: $1,000,000
  • Less: Homestead Tax Credit: -$7,500 (requires application)
  • Net Taxable Value: $992,500
  • Annual Tax: $992,500 × 0.04102 = $4,071
  • Monthly Escrow: $339

Note: Tax credits shown are estimates and require annual application. Actual rates may vary by special district location.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in DeSoto County require borrowers to maintain an escrow account for property tax payments, especially for loans with less than 20% down payment. Your lender collects 1/12 of your estimated annual property tax bill each month along with your mortgage payment, then pays your taxes directly to DeSoto County when they become due. Lenders typically maintain a cushion of 2-3 months of tax payments in your escrow account to ensure adequate funds are available.

DeSoto County property taxes are due in two installments: the first installment is due February 1st, and the second installment is due March 3rd of the following year. Your lender should make these payments on your behalf before the due dates. It's important to review your annual escrow analysis statement to ensure your monthly escrow amount is adequate, as tax rate changes or assessment increases may require adjustments to your monthly payment. You can verify that your lender has made payments by checking with the DeSoto County Tax Collector's office or through their online payment portal.

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 DeSoto County property taxes due for FY 2025? A: The first installment is due February 1st, and the second installment is due March 3, 2026. Due to extreme weather, the county has previously extended deadlines, so check the county website for any current extensions.

Q: What homestead tax credit is available and how do I apply? A: The Homestead Tax Credit limits annual assessment increases and reduces your taxable value. You must apply annually between January 1 and April 1 through the Tax Assessor's office. This credit is NOT automatic and requires yearly application.

Q: Can I pay my property taxes online? A: Yes, DeSoto County offers online payment options through their official website. Contact the Tax Collector's office at (662) 429-1300 for current online payment procedures and accepted methods.

Q: What happens if I pay my property taxes late? A: Late payments incur penalties and interest charges. Contact the Tax Collector's office immediately if you cannot make the due date to discuss payment options and avoid additional penalties.

Q: How often are properties reassessed in DeSoto County? A: Mississippi law requires properties to be assessed annually. The Tax Assessor's office conducts regular property reviews and updates assessments based on market conditions and property improvements.

Q: How do I appeal my property tax assessment? A: Assessment appeals must be filed with the DeSoto County Board of Equalization. Contact the Tax Assessor's office for specific deadlines and required documentation for your appeal.

Q: Do senior citizens qualify for additional tax credits? A: Mississippi offers various tax credits for seniors, disabled persons, and veterans. These require separate applications and have specific qualification requirements. Contact the Tax Assessor's office to determine your eligibility.

Q: Why did my tax bill increase if the millage rate stayed the same? A: Even with stable tax rates, your bill can increase due to rising property values, completed improvements, or changes in your special district assessments. The 41.02 mill rate applies to your current assessed value.

Q: What tax incentives are available for new businesses? A: DeSoto County offers property tax reductions for up to 10 years for qualifying new enterprises. Contact the County Economic Development office for specific program requirements and application procedures.

Q: How do special taxing districts affect my tax bill? A: Your location determines which special districts apply to your property (fire districts, school districts, municipal services). These create variations in total tax rates across different areas of DeSoto County, even though the base county rate remains consistent.

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