Pachuta, Clarke County, Mississippi Property Taxes
The median property tax rate in Pachuta, MS is 1.18%, which is higher than the national median of 0.99% but lower than the Mississippi state median of 1.31%. With the median home value in Pachuta at $50,460, the typical annual property tax bill amounts to $624, significantly below the national median of $2,690. Property taxes in Pachuta are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Pachuta'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 Pachuta or another part of Clarke County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pachuta, Clarke County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$595
$553
Ownwell’s Pachuta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pachuta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pachuta 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 Clarke County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pachuta, Clarke County, Mississippi
Property taxes in Pachuta, Mississippi, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Pachuta is 0.52%, significantly lower than both the Mississippi state median of 0.65% and the U.S. national median of 0.99%. Local government entities within Pachuta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pachuta 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 Pachuta's effective property tax rate to other counties in Mississippi and the national median. For comparison, the highest median property tax rate in Clarke County is 0.52%, while the lowest median tax rate is also 0.52%. Understanding how these cities compare with Pachuta provides valuable insights into the varying tax landscape across Clarke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pachuta Tax Rate
1.18%
Average Clarke County Tax Rate
1.13%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pachuta, Clarke County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39347 | 0.67% | 1.11% | 1.18% | 1.66% | 2.31% |
Source: Ownwell
Property Tax Assessment Values Across Pachuta, Clarke County, Mississippi
In Pachuta, 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 Clarke 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 Pachuta, 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. Being aware of these valuation processes in Pachuta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $624.00 in the 39347 zip code, while the lowest median tax bill is also $624.00 in the same zip code.
Property Tax Assessment Values Across Pachuta, Clarke County, Mississippi
Source: Ownwell
$41,140
$63,260
$85,380
Average Pachuta Assessed Value
$50,460
Average Clarke County Assessed Value
$54,740
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pachuta, Clarke County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39347 | $13,562 | $34,360 | $50,460 | $76,710 | $116,356 |
Source: Ownwell
Property Tax Bills Across Pachuta, Clarke County, Mississippi
In Pachuta, property tax bills are calculated based on the assessed value of a home, which is determined by the Clarke County tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Pachuta experience a range of property tax bills, with the 25th percentile at $352 and the 75th percentile at $953, reflecting variations in property values and exemptions. The median home price in Pachuta stands at $50,460, and the median property tax bill is $624, which is significantly lower than the national median property tax rate of 0.99%. Factors such as property improvements, location, and applicable exemptions influence the final tax bill. For instance, homes in the highest median tax bill zip code, 39347, see a median tax bill of $624. These property taxes fund essential services like public schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Understanding these factors can help homeowners better anticipate and manage their property tax obligations.
Average Pachuta Tax Bill
$624
Average Clarke County Tax Bill
$608
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Pachuta, Clarke County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39347 | $137 | $352 | $624 | $953 | $1,481 |
Source: Ownwell