Daleville, Mississippi Property Taxes
The median property tax rate in Daleville, MS is 1.78%, considerably higher than both the national median of 0.99% and the Mississippi state median of 1.31%. With the median home value in Daleville, the typical annual property tax bill reaches $562, which is lower than the national median of $2,690. Property taxes in Daleville 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 Daleville'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 Daleville or another part of Lauderdale County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Daleville, Mississippi Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$2,620
Ownwell’s Daleville Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Daleville. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Daleville to provide an accurate estimate of your property tax bill. This essential tool offers a clear understanding of your potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed insights, you can explore trends at a neighborhood level by scrolling down. Your property’s assessed value, determined by Lauderdale County, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Daleville, Mississippi
Property taxes in Daleville, Mississippi, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Daleville is 1.78%, significantly higher than both the Mississippi state median and the U.S. national median of 0.99%. Local government entities within Daleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Daleville 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 Daleville's effective property tax rate to other counties in Mississippi and the national median. For comparison, the 39326 zip code has the highest median property tax rate of 1.78%, while the same zip code also has the lowest median tax rate of 1.78%. Understanding how these cities compare with Daleville provides valuable insights into the varying tax landscape across Lauderdale County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Daleville Tax Rate
1.78%
Average Lauderdale County Tax Rate
1.54%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Daleville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39326 | 0.78% | 0.90% | 1.78% | 1.78% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Daleville, Mississippi
In Daleville, 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 Lauderdale 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 Daleville, 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 Daleville is $57,630, with tax bills ranging from $242 at the 25th percentile to $2,187 at the 90th percentile. The highest and lowest median tax bills are both $562, found in the 39326 zip code. 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 Daleville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Daleville Assessed Value
$57,630
Average Lauderdale County Assessed Value
$61,125
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Daleville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39326 | $8,460 | $23,800 | $57,630 | $84,070 | $155,754 |
Source: Ownwell
Property Tax Bills Across Daleville, Mississippi
In Daleville, Lauderdale County, MS, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is a percentage of the property's market value. Homeowners then apply the local tax rate to this assessed value to determine their tax bill. For instance, with a median home price of $57,630, the tax bill can vary significantly. At the 25th percentile, homeowners might pay around $242, while at the 75th percentile, it can rise to $1,215. The highest median tax bill in the area is $562, illustrating the range of possible tax payments. These taxes fund essential public services like schools, roads, and emergency services, directly impacting community quality. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners to understand their local rates and how they affect their annual expenses. Understanding these factors can help homeowners budget more effectively and anticipate their financial obligations.
Average Daleville Tax Bill
$562
Average Lauderdale County Tax Bill
$844
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Daleville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39326 | $98 | $242 | $562 | $1,215 | $2,187 |
Source: Ownwell