Property Taxes
Written by novaeditor on . Posted in Business, Residents
Olive Branch Housing Facts
| Homes sold in Olive Branch in 2007 |
950 (376 new construction) |
| Median price of a home in 2007 |
$256,000 |
| Houses sold in the $0-199,999 range |
550 |
| Houses sold in the $200,000-299,999 range |
263 |
| Houses sold as $300,000 & UP |
167 |
Property Tax Example
| $100,000 Property |
|
| x 10% |
|
| $10,000 x .09870 |
= $987.00 |
|
– $300.00 Homestead Exemption |
|
$687.00 County Taxes |
| $10,000 x .03850 |
= +$385.00 City Taxes |
|
$1072.00 Total County & City Taxes per year |