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Updated 2025 Tax Year

Tippah County
Property Tax Guide

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

9 Official Sources
8 min read
Quick Facts
Tax Rate
60-80 mills (6.0-8.0% of assessed value), varies by school district and taxing jurisdictions
Exemptions
4+ Available
Section 1

How Property Tax Works

Tippah County, Mississippi operates under a property tax system that funds essential local services including schools, county operations, road maintenance, and emergency services. Property taxes are the primary source of revenue for these vital community functions. The county's effective property tax rates typically range from approximately 60-80 mills (6.0% to 8.0% of assessed value), though actual rates vary significantly depending on your specific location within the county due to different school districts and special taxing jurisdictions.

Property in Tippah County is assessed at its fair market value, with Mississippi's standard assessment ratio applied to determine taxable value. The total tax rate you pay depends on which taxing districts serve your property, including the county general fund, school district, and any applicable special districts. Residents in different areas of the county may see varying tax bills even with similar property values due to these district-specific millage rates. Tax bills are typically issued annually, with payment options available in installments to help manage the financial burden.

Section 2

What Makes Up Your Tax Bill

Based on available data for the 2024-2025 levy year:

ComponentRate (Mills)Description
County General~20.0County operations, roads, services
South Tippah County Schools60.68School district operations and debt service
Other School Districts56.19-61.35Varies by specific school district
Municipal (if applicable)VariesCity/town services where applicable
Special DistrictsVariesFire protection, drainage, other special services

Total Effective Rate Range: 60-80 mills approximately

Note: These rates apply to the 2024-2025 fiscal year. Rates for 2025-2026 have not been set yet and will be determined by local authorities. Your actual rate depends on which school district and special taxing districts serve your property location. Contact the Tippah County Tax Assessor's office for your specific district rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Tippah 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 Tippah County are additional tax assessments that occur when there are changes to property ownership, improvements, or new construction during the tax year. These supplemental bills ensure that property taxes are properly allocated based on current ownership and property conditions rather than waiting for the next regular assessment cycle.

Common triggers for supplemental taxes include: purchase of property (triggering a change of ownership reassessment), completion of new construction or major improvements that increase property value, subdivision of land, or corrections to previous assessments. The supplemental tax is calculated by determining the difference between the old assessment and new assessment, then applying the current tax rate to that difference for the remaining portion of the tax year.

For example, if you purchase a home in June and the new assessment increases the taxable value by $50,000, you would owe supplemental taxes on that $50,000 difference at the current millage rate for the remaining months of the fiscal year (typically 6-7 months). This ensures fair distribution of the tax burden based on actual ownership periods.

Example Calculation

Property Value: $300,000

  • Assessed Value: $300,000
  • Less: Homestead Credit (if applied): -$7,500
  • Net Taxable Value: $292,500
  • Annual Tax (at 70 mills): $2,047.50
  • Monthly Escrow: $170.63

Property Value: $600,000

  • Assessed Value: $600,000
  • Less: Homestead Credit (if applied): -$7,500
  • Net Taxable Value: $592,500
  • Annual Tax (at 70 mills): $4,147.50
  • Monthly Escrow: $345.63

Property Value: $1,000,000

  • Assessed Value: $1,000,000
  • Less: Homestead Credit (if applied): -$7,500
  • Net Taxable Value: $992,500
  • Annual Tax (at 70 mills): $6,947.50
  • Monthly Escrow: $578.96

Note: These calculations assume a 70-mill effective rate and include potential homestead credit where applicable. Actual rates vary by location within the county. Homestead and other tax credits require separate application and are not automatically applied. Contact the Tax Assessor's office for current credit amounts and application procedures.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Tippah County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects monthly property tax payments along with your mortgage payment and holds these funds in escrow until tax bills are due. The monthly escrow amount is calculated by dividing your annual property tax bill by 12, often with an additional cushion to account for potential tax increases.

Property tax payments in Mississippi follow an installment schedule, with the first installment (at least half of the total tax due) typically due by February, and the second installment due by early March. Your lender will make these payments directly to the county tax collector on your behalf. It's important to verify that payments are made on time, as you remain ultimately responsible for ensuring taxes are paid even when using escrow.

Lenders typically conduct an annual escrow analysis to ensure adequate funds are collected. If property taxes increase significantly due to reassessment or rate changes, your monthly escrow payment may be adjusted accordingly. You'll receive notice of any escrow payment changes, and you have the right to request detailed information about your escrow account activity and balance.

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 Tippah County for the current fiscal year? A: For the 2025-2026 tax year, the first installment (at least 50% of total tax) is due by February 2026, with the second installment due by March 3, 2026. Mississippi law allows installment payments as long as the first payment meets the minimum requirement and timing.

Q: What tax credits are available and do I need to apply? A: Common tax credits include homestead credits for primary residences, disability credits, and senior citizen credits. These credits reduce your actual tax bill and require separate application - they are not automatically applied. Contact the Tippah County Tax Assessor's office for current credit amounts, eligibility requirements, and application deadlines.

Q: How does the homestead credit work? A: The homestead credit provides tax relief for primary residences and typically caps annual assessment increases (such as limiting increases to 10% per year) rather than reducing market value. You must apply for homestead status and reapply if required. This credit helps protect homeowners from dramatic tax increases due to rising property values.

Q: How often are properties reassessed in Tippah County? A: Mississippi law requires regular reassessment cycles, typically every few years. However, properties may be reassessed more frequently due to sales, improvements, or other changes. You have the right to appeal assessments if you believe they're incorrect.

Q: What are the penalties for late property tax payments? A: Late payments typically incur penalties and interest charges that accrue monthly. The exact penalty structure is set by state law and local ordinance. Contact the Tax Collector's office for current penalty rates and payment options if you're experiencing difficulty.

Q: Can I pay property taxes online? A: Many Mississippi counties offer online payment options. Check the Tippah County Tax Collector's website or contact their office directly for available online payment methods, accepted forms of payment, and any associated convenience fees.

Q: Why do tax rates vary within Tippah County? A: Different areas of the county are served by different school districts and special taxing districts (fire protection, drainage, etc.). Each district sets its own millage rate to fund services, so your total tax rate depends on which combination of districts serves your property location.

Q: How can I verify which taxing districts apply to my property? A: Contact the Tippah County Tax Assessor's office with your property address or parcel number. They can provide a detailed breakdown of all taxing districts that apply to your specific property and their respective millage rates.

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