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Updated 2025 Tax Year

Greene County
Property Tax Guide

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

10 Official Sources
8 min read
Quick Facts
Tax Rate
Approximately 1% base rate, varies by special taxing districts within county
Exemptions
4+ Available
Section 1

How Property Tax Works

Greene County, Mississippi operates on a property tax system that funds essential local services including schools, county government operations, and infrastructure maintenance. Property taxes are assessed annually based on the appraised value of real estate and personal property within the county. The Greene County Tax Assessor locates, classifies, and assesses all taxable property to establish fair and uniform values for each parcel.

The effective property tax rate in Greene County varies by location within the county due to special taxing districts, with rates typically ranging around the state base rate of approximately 1%. For the 2025 tax year, the Greene County School District has tentatively adopted a millage rate requiring a 0.91% increase in property taxes, with final adoption scheduled for August 27, 2025. Property owners should note that their actual tax rate depends on which special taxing districts serve their specific location, as these can add additional assessments beyond the base county levy.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County General FundVariesBasic county services and operations
Greene County SchoolsTBDSchool district operations (0.91% increase proposed for 2025)
Special DistrictsVariesAdditional assessments based on location-specific services
Total Effective Rate~1.0%+Combined rate varies by property location within county

Note: These rates apply to the 2025 levy year. The Greene County School District's final millage rate will be adopted on August 27, 2025. Actual rates vary significantly based on special taxing districts serving each property location. Contact the Greene County Tax Assessor for your specific property's rate breakdown.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Greene 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 Greene County are triggered by changes in property ownership, new construction, or improvements that increase a property's assessed value during the tax year. When these events occur, the Tax Assessor recalculates the property tax based on the new assessment, and a supplemental tax bill is issued for the remaining portion of the fiscal year.

The supplemental tax is calculated by taking the difference between the new assessed value and the previous assessed value, applying the current tax rate, and prorating it for the remaining months in the tax year. For example, if a $100,000 home improvement is completed in January and the local tax rate is 1.0%, the supplemental tax would be approximately $1,000 prorated for the remainder of the fiscal year, resulting in a supplemental bill of roughly $833 if 10 months remain in the tax year.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Homestead Exemption Applied: -$0 (reduces future assessment increases, not current value)
  • Net Taxable Value: $300,000
  • Tax Rate: ~1.0%
  • Annual Tax: ~$3,000
  • Monthly: ~$250

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Homestead Exemption Applied: -$0 (limits assessment growth, application required)
  • Net Taxable Value: $600,000
  • Tax Rate: ~1.0%
  • Annual Tax: ~$6,000
  • Monthly: ~$500

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Homestead Exemption Applied: -$0 (caps annual assessment increases)
  • Net Taxable Value: $1,000,000
  • Tax Rate: ~1.0%
  • Annual Tax: ~$10,000
  • Monthly: ~$833

Note: Homestead exemption in Mississippi limits future assessment increases rather than reducing current assessed value. All exemptions require application with the Tax Assessor's office and are not automatic.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Greene County require property tax escrow accounts to ensure timely payment of property taxes. Lenders typically collect 1/12 of the annual property tax amount with each monthly mortgage payment, holding these funds in an escrow account until tax payments are due. The escrow account helps property owners avoid large lump-sum payments and ensures taxes are paid on time.

Property taxes in Greene County are typically paid in two installments, with the first installment due December 10th and the second installment due April 10th of the following year. Lenders will make these payments directly from the escrow account on behalf of the homeowner. Property owners should verify that their lender has current tax information and sufficient escrow funds, as any shortage will require additional payments or adjustments to monthly escrow contributions.

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 Greene County for the current fiscal year? A: The first installment is due December 10, 2026, and the second installment is due April 10, 2027, without penalty.

Q: What is the homestead exemption and do I need to apply? A: The homestead exemption in Mississippi limits annual increases in property assessments for primary residences. You must apply with the Greene County Tax Assessor's office, and applications are due by February 15, 2026. This is not automatic and requires annual verification of residency.

Q: Are there other tax credits available that require application? A: Yes, various credits may be available for seniors, disabled veterans, and other qualifying circumstances. All credits require application with the Tax Assessor's office and have specific eligibility requirements and deadlines.

Q: How often are properties reassessed in Greene County? A: The Tax Assessor is required to annually assess all taxable property within the county to establish fair and uniform values for each parcel.

Q: What happens if I pay my property taxes late? A: Late payments incur penalties and interest charges. Contact the Greene County Tax Collector for specific penalty rates and payment options if you miss the due dates.

Q: Can I pay my property taxes online? A: Contact the Greene County Tax Collector's office for current online payment options and accepted payment methods.

Q: How do I appeal my property assessment? A: Property owners who disagree with their assessment can file an appeal with the appropriate county board. Contact the Greene County Tax Assessor's office for appeal procedures and deadlines.

Q: Why do properties in different areas of Greene County have different tax rates? A: Tax rates vary based on special taxing districts that provide location-specific services such as fire protection, drainage, or other municipal services. Your total rate depends on which districts serve your property.

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