The Mississippi Department of Revenue ordered DeSoto County to update its property assessments to move them closer to fair ...

Researchers at Virginia Tech are examining the impact that solar farms have on the value of surrounding properties.

Homeowners across El Paso are reacting to the latest property value assessments released by the El Paso Central Appraisal ...

ADUs and property taxes Adding an ADU to your lot will raise your property tax bill. Your house won’t be reassessed, tax officials say, but the value of the ADU will be added to the value of the ...

The Laurel Main Street Association pulled tax data from 2008, 2017 and 2024. Executive Director Caroline Burks said the boost ...

Homeowners in our area are seeing higher property taxes, but it's not because of the millage rate has increased.

If a homeowner's property value is $500,000 and the assessment rate is 8%, the assessed value would be $40,000. Taking the mill levy of 4.5%, the tax due would be $1,800 ($40,000 × 4.5%).

The property's location plays a significant role in its value, as proximity to major transportation routes, neighboring businesses and population density can all impact the property's worth.

Since 2013, when the county property value was $15.36 billion, the value has increased by 67.6%. Leading up to the beginning of the national recession in 2008, an over-inflated market led to a ...