Sandersville, Mississippi Property Taxes
The median property tax rate in Sandersville, MS is 1.34%, which is notably higher than both the national median of 0.99% and the Mississippi state median of 1.31%. With the median home value in Sandersville, the typical annual property tax bill reaches $849, falling below the national median of $2,690. Property taxes in Sandersville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Sandersville'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 Sandersville 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
Sandersville, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$716
Ownwell’s Sandersville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sandersville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sandersville 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 Sandersville, Mississippi
Property taxes in Sandersville, Mississippi, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sandersville is 0.69%, lower than both the Mississippi state median of 0.81% and the U.S. national median of 0.99%. Local government entities within Sandersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sandersville 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 Sandersville's effective property tax rate to other counties in Mississippi and the national median. For comparison, the 39477 zip code has the highest median property tax rate of 0.69%, while the same zip code also has the lowest median tax rate of 0.69%. Understanding how these cities compare with Sandersville provides valuable insights into the varying tax landscape across Jones County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sandersville Tax Rate
1.34%
Average Jones County Tax Rate
1.30%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sandersville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39477 | 0.56% | 1.13% | 1.34% | 2.31% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Sandersville, Mississippi
In Sandersville, 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 Jones 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 Sandersville, 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. The median home price in Sandersville is $53,400, with tax bills ranging from $438 at the 25th percentile to $1,610 at the 90th percentile. The highest and lowest median tax bills both stand at $849 in zip code 39477. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Sandersville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sandersville Assessed Value
$53,400
Average Jones County Assessed Value
$66,415
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sandersville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39477 | $18,521 | $29,268 | $53,400 | $71,795 | $99,005 |
Source: Ownwell
Property Tax Bills Across Sandersville, Mississippi
In Sandersville, property tax bills are calculated based on the assessed value of the home, which is determined by local tax assessors. The median home price in Sandersville is $53,400. To determine the property tax bill, the assessed value is multiplied by the local tax rate. In Jones County, the median property tax bill is $849, which is significantly lower than the national median property tax rate of 0.99%. Several factors influence the tax bill, including the property's market value, any applicable exemptions, and the specific tax rate set by local authorities. Homeowners in Sandersville may find that their property tax bills range widely. For example, the tax bill at the 25th percentile is $438, while at the 75th percentile, it is $1237. At the 90th percentile, the tax bill can reach up to $1610. Understanding these factors is crucial for homeowners as property taxes directly impact their annual expenses and can vary significantly depending on the assessed value and local tax rates.
Average Sandersville Tax Bill
$849
Average Jones County Tax Bill
$874
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Sandersville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39477 | $182 | $438 | $849 | $1,237 | $1,610 |
Source: Ownwell