How Property Tax Works
Yalobusha County property taxes fund essential local services including public education, law enforcement, road maintenance, and county operations. The county's property tax system operates on Mississippi's assessed value structure, where properties are typically assessed at 10% of market value for residential properties and 15% for commercial properties. Property owners can expect effective tax rates that vary significantly based on location within the county due to multiple overlapping taxing districts.
The actual tax rate you pay depends on your property's location within specific taxing districts, including school districts like Coffeeville Schools, municipal boundaries, and special assessment areas. Tax rates are expressed in millage (mills per $1,000 of assessed value), and the total millage rate combines county operations, school district funding, municipal services (if applicable), and any special district assessments. Property owners should verify their specific taxing districts to determine their exact rate, as rates can vary considerably even between neighboring properties.