Carson, Mississippi Property Taxes
The median property tax rate in Carson, MS is 1.42%, considerably higher than both the national median of 0.99% and the Mississippi state median of 1.31%. With the median home value in Carson, the typical annual property tax bill reaches $617, which is significantly lower than the national median of $2,690. Property taxes in Carson are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Carson's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Carson or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carson, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.42%
Estimate Property Tax Bill
$741
Ownwell’s Carson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carson to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Carson, Mississippi
Property taxes in Carson, Mississippi, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carson is 1.42%, significantly higher than the U.S. national median of 0.99%. Local government entities within Carson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carson estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Carson's effective property tax rate to other counties in Mississippi and the national median. For comparison, the 39427 zip code has both the highest and lowest median property tax rate of 1.42%. Understanding how these cities compare with Carson provides valuable insights into the varying tax landscape across Jefferson Davis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carson Tax Rate
1.42%
Average Jefferson Davis County Tax Rate
1.48%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carson, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39427 | 0.46% | 0.97% | 1.42% | 2.06% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Carson, Mississippi
In Carson, Mississippi, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Jefferson Davis County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Carson, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the zip code 39427 has the highest median tax bill at $617, while other areas may have different amounts. Being aware of these valuation processes in Carson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Carson Assessed Value
$52,155
Average Jefferson Davis County Assessed Value
$51,960
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carson, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39427 | $12,309 | $25,752 | $52,155 | $84,148 | $125,563 |
Source: Ownwell
Property Tax Bills Across Carson, Mississippi
In Carson, Jefferson Davis County, MS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Local tax authorities determine the assessed value, and then the applicable tax rate is applied to this assessed value to calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in Carson, the median home price stands at $52,155. Tax bills can vary significantly, with the 25th percentile paying around $316, while those in the 75th percentile face bills of approximately $1,081. At the 90th percentile, tax bills can reach as high as $1,906. The highest median tax bill recorded in the area is $617, which is significantly lower than the national median property tax rate of 0.99%. This lower tax rate can provide some financial relief to homeowners, making Carson an attractive location for property investment.
Average Carson Tax Bill
$617
Average Jefferson Davis County Tax Bill
$654
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Carson, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39427 | $153 | $316 | $617 | $1,081 | $1,906 |
Source: Ownwell