Monticello, MS Property Tax Rate — How to Appeal & Save
1.10% effective rate · $1,329/yr avg · Population 1,277 · Mississippi
Median Home Value
$120,800
Est. Annual Tax
$1,329
Effective Rate
1.10%
Median Income
$27,150
How Monticello Compares
Is Monticello, MS a High Property Tax City?
Monticello has a property tax rate of 1.10%, roughly near the national average. On a median home of $120,800, homeowners pay about $1,329/year.
Property taxes consume 4.9% of the median household income ($27,150) in Monticello — a significant burden that makes tax appeals especially worthwhile. A homeowner with a $300,000 property pays approximately $3,300/year, while a $500,000 home costs $5,500/year in property taxes.
Monticello property taxes are 57% below the national average. Even so, individual properties can be over-assessed — it's always worth checking whether your specific assessment is fair relative to comparable homes nearby.
Think you're overpaying in Monticello?
We research your property, prepare evidence, and file the appeal. Fee: 20% of first-year savings — only if we succeed.
How to Appeal Property Tax in Monticello, MS
If your property is assessed higher than comparable homes in Monticello, you may be able to reduce your tax bill by filing an appeal with your county assessor's office.
Check Your Assessment
Review your property's assessed value and compare it to similar homes in your area. If you're 15-20%+ above comparable properties, you likely have a case.
Gather Evidence
Collect recent sales of comparable homes (same size, age, neighborhood), photos of any condition issues, and your assessment notice.
File Before the Deadline
Each county has a specific window to file (typically 30-90 days after receiving your assessment notice). Contact your county assessor for exact dates in Mississippi.
Attend the Hearing
Present your evidence at the review board hearing. Average success rate for well-prepared appeals is 40-60%. Sign up and we'll handle the research, filing, and follow-up, and send you a hearing-prep guide so you know what to expect — you attend the hearing yourself.
Don't want to do it yourself? We handle the research, filing, and follow-up. You only pay 20% of what we save you. Nothing if we don't reduce your bill.
Monticello, MS Appeal Deadline & Filing Info
File With
County Board of Supervisors
Deadline
First Monday of April
Window Opens
After assessment roll completed (typically February)
Typical Duration
1–3 months
Mississippi assessment ratio is 10% for residential. Homestead exemption available on first $7,500 of assessed value. Board of Supervisors hears appeals.
Other Cities in Mississippi
| City | Median Home | Annual Tax | Rate |
|---|---|---|---|
| Jackson | $104,900 | $1,154 | 1.10% |
| Gulfport | $158,300 | $1,741 | 1.10% |
| Southaven | $197,200 | $2,169 | 1.10% |
| Biloxi | $196,600 | $2,163 | 1.10% |
| Hattiesburg | $146,600 | $1,613 | 1.10% |
| Olive Branch | $245,800 | $2,704 | 1.10% |
| Tupelo | $184,100 | $2,025 | 1.10% |
| Meridian | $97,800 | $1,076 | 1.10% |
| Greenville | $95,800 | $1,054 | 1.10% |
| Clinton | $204,100 | $2,245 | 1.10% |
| Madison | $312,800 | $3,441 | 1.10% |
| Pearl | $157,100 | $1,728 | 1.10% |
Related Property Tax Resources
Data sources: US Census Bureau, American Community Survey (ACS) 5-Year Estimates 2019–2023 (Table DP04). Effective tax rates calculated from median property tax and median home value.
Appeal information: State comptroller offices, county assessor associations, and official state statutes. Deadlines and processes verified as of June 2026.
Last updated: July 2026 · Published by: TaxedFairly (WebLab LLC)