Eupora, Calhoun County, Mississippi Property Taxes
The median property tax rate in Eupora, MS is 0.88%, which is lower than both the national median of 0.99% and the Mississippi state median of 1.31%. With the median home value in Eupora being $60,828, the typical annual property tax bill amounts to $821, significantly less than the national median of $2,690. Property taxes in Eupora are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Eupora'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 Eupora 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
Eupora, Calhoun County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$535
$497
Ownwell’s Eupora Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eupora with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eupora 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 Eupora, Calhoun County, Mississippi
Property taxes in Eupora, Mississippi, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eupora is 0.88%, which is lower than the U.S. national median of 0.99%. Local government entities within Eupora set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eupora 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 Eupora's effective property tax rate to other areas in Mississippi and the national median. For comparison, the 39744 zip code has the highest median property tax rate of 0.88%, while the same 39744 zip code also has the lowest median tax rate of 0.88%. Understanding how these areas compare with Eupora provides valuable insights into the varying tax landscape across Calhoun County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eupora Tax Rate
0.88%
Average Calhoun County Tax Rate
1.03%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eupora, Calhoun County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39744 | 0.78% | 0.79% | 0.88% | 1.20% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Eupora, Calhoun County, Mississippi
In Eupora, 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 Calhoun 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. Assessment notices in Eupora 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. The median home price in Eupora is $60,828, and knowing that the highest median tax bill is $821.00 in zip code 39744, residents can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Eupora, Calhoun County, Mississippi
Source: Ownwell
$48,136
$60,550
$72,964
Average Eupora Assessed Value
$60,828
Average Calhoun County Assessed Value
$55,127
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eupora, Calhoun County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39744 | $24,340 | $39,405 | $60,828 | $94,703 | $112,097 |
Source: Ownwell
Property Tax Bills Across Eupora, Calhoun County, Mississippi
In Eupora, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is a percentage of the property's market value. Homeowners in Eupora, located in Calhoun County, can expect their property tax bills to vary significantly. For example, the tax bill at the 25th percentile is around $306, while at the 75th percentile, it rises to approximately $1,000. The highest median tax bill recorded in the area is $821. Several factors influence the final amount, including the property's location, size, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Eupora's rates can be seen as relatively moderate. These taxes fund essential public services such as schools, roads, and emergency services, directly impacting the quality of life for residents. Homeowners should be aware of these factors to better understand their tax obligations and potential savings opportunities.
Average Eupora Tax Bill
$821
Average Calhoun County Tax Bill
$645
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Eupora, Calhoun County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39744 | $218 | $306 | $821 | $1,000 | $2,508 |
Source: Ownwell