Union Church, Mississippi Property Taxes
The median property tax rate in Union Church, MS is 1.15%, which is higher than the national median of 0.99% but lower than the Mississippi state median of 1.31%. With a median home value of $44,300 in Union Church, the typical annual property tax bill is approximately $476, significantly below the national median of $2,690. Property taxes in Union Church are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Union Church'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 Union Church or another part of Copiah County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Union Church, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$509
$473
Ownwell’s Union Church Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Union Church with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Union Church to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in observing trends on a neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Union Church, Mississippi
Property taxes in Union Church, Mississippi, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Union Church is 1.15%, higher than both the Mississippi state median and the U.S. national median of 0.99%. Local government entities within Union Church set these rates annually, and they can vary significantly across different neighborhoods. Each year, Union Church 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 Union Church's effective property tax rate to other counties in Mississippi and the national median. For comparison, the zip code 39668 has the highest median property tax rate of 1.15%, while the same zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Union Church provides valuable insights into the varying tax landscape across Copiah County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Union Church Tax Rate
1.15%
Average Copiah County Tax Rate
1.18%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union Church, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39668 | 0.70% | 0.78% | 1.15% | 1.70% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Union Church, Mississippi
In Union Church, 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 Copiah 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 Union Church, 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 Union Church helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $476.00, found in the 39668 zip code.
Average Union Church Assessed Value
$44,300
Average Copiah County Assessed Value
$45,250
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Union Church, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39668 | $15,235 | $21,878 | $44,300 | $83,095 | $161,675 |
Source: Ownwell
Property Tax Bills Across Union Church, Mississippi
In Union Church, Copiah County, MS, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the market value of the property. For example, with a median home price of $44,300, the assessed value forms the basis for calculating the tax bill. The local tax rate is then applied to this assessed value to determine the annual property tax bill. Factors such as property location, improvements, and market conditions are considered in determining the assessed value. Homeowners in Union Church can expect their property tax bills to vary significantly, with the 25th percentile tax bill at $305 and the 75th percentile reaching $930. The highest median tax bill in the area is $476, which is notably lower than the national median property tax rate of 0.99%. This relatively low property tax burden can make homeownership more affordable, though it also means less revenue for local public services.
Average Union Church Tax Bill
$476
Average Copiah County Tax Bill
$484
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Union Church, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39668 | $186 | $305 | $476 | $930 | $1,245 |
Source: Ownwell