Rate Breakdown

Property taxes in Tishomingo County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Tishomingo County

Property taxes in Tishomingo County are determined by two primary factors: the assessed value of your property and the local millage rate. The Tishomingo County Tax Assessor is responsible for establishing the "true value" of all real and personal property. Once the true value is determined, it is multiplied by an assessment ratio—typically 10% for residential property—to arrive at the assessed value. This assessed value is then taxed at a millage rate, which is a combination of levies set by the county government, the local school district, and any applicable municipal authorities. One mill is equal to one dollar of tax for every $1,000 of assessed value. Because these rates fluctuate annually based on budget requirements for public services, your tax liability may shift even if your property's assessed value remains constant.

Available Exemptions

Mississippi offers several exemptions to help reduce the tax burden for qualified homeowners. These exemptions must be applied for annually through the Tax Assessor’s office.

• Homestead Exemption: Available to legal residents who occupy their home as their primary residence. This exemption reduces the amount of school district taxes owed.
• Senior Citizen Exemption: Taxpayers aged 65 or older may qualify for an additional reduction on the assessed value of their primary residence.
• Disability Exemption: Individuals who are 100% disabled due to service-connected or non-service-connected causes may be eligible for significant tax relief.
• Veteran Exemption: Disabled veterans may qualify for specific exemptions depending on their disability rating and state-mandated criteria.

Payment Schedule & Deadlines

Property tax payments in Tishomingo County are due on an annual basis. The tax roll is finalized each year, and bills are typically mailed to property owners in the late autumn. The deadline for full payment is February 1st of the following year. While Mississippi law generally requires full payment by the deadline, it is advisable to contact the Tishomingo County Tax Collector’s office to confirm if any local installment programs are currently active. Failure to pay by the February 1st deadline will result in the accrual of interest and penalties. Continued delinquency may eventually lead to the property being sold at a tax sale to recover the unpaid taxes.

Appealing Your Assessment

If you believe the assessed value of your property is inaccurate or exceeds its fair market value, you have the right to appeal. The process begins with the Tishomingo County Board of Supervisors. You must file a formal written objection, typically during the time the tax rolls are open for public inspection, which usually occurs in the summer months. It is essential to provide supporting evidence, such as recent appraisals, photographs of the property’s condition, or documentation of comparable sales in your neighborhood. If the Board of Supervisors denies your request, you may have further recourse through the circuit court system.