Covington County, Mississippi Property Taxes

Name: Property Tax Bills Across Covington County, Mississippi
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Covington County effective property tax rate: 0.76%, significantly lower than the national median of 1.02%.
Median Covington County home value: $57,690
Median annual Covington County tax bill: $431, $1,969 lower than the national median property tax bill of $2,400.

How are property taxes in Covington County calculated?

Property taxes in Covington County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Collins or another part of Covington County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Covington County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$438

$407

Ownwell’s Covington County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Covington County with just two data points. By entering your property's estimated assessed value, our calculator applies Covington County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Covington County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Covington County, Mississippi

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Covington County's effective property tax rate to other counties in Mississippi or the U.S. median property tax rate. Covington County's median property tax rate stands at 0.76%, which is lower than the national median of 1.02%. Within Mississippi, Hattiesburg boasts the highest median tax rate at 1.35%, while Seminary has the lowest at 0.73%. Understanding these rates can help property owners make informed decisions and potentially save on their tax bills. Whether you're a homeowner or investor, being aware of these local tax dynamics is crucial in managing your property expenses effectively.

Property Tax Rates Across Covington County, Mississippi

Source: Ownwell

0.73%

1.04%

1.35%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Covington County Tax Rate

0.76%

Median Effective Mississippi Tax Rate

1.31%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Covington County, Mississippi

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Collins	0.41%	0.49%	0.73%	1.35%	1.35%
Hattiesburg	0.54%	0.66%	1.35%	1.36%	1.36%
Mount Olive	0.42%	0.50%	1.02%	1.35%	1.35%
Seminary	0.43%	0.50%	0.73%	1.35%	1.36%
Sumrall	0.38%	0.58%	0.74%	1.35%	1.35%
Taylorsville	0.46%	0.50%	0.89%	1.35%	1.35%
Prentiss	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Covington County, Mississippi

When examining property taxes in Covington County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Covington County Tax Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: Assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Covington County. For example, the median tax bill in Covington County is $576, with tax bills ranging significantly across the county. Sumrall has the highest median home price at $105,680.

Property Tax Assessment Values Across Covington County, Mississippi

Source: Ownwell

$35,170

$70,425

$105,680

Median Covington County Market Value

$57,690

Median Mississippi Market Value

$68,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Covington County, Mississippi

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Collins	$10,240	$29,505	$59,130	$94,010	$150,550
Hattiesburg	$11,410	$33,165	$62,975	$122,395	$204,405
Mount Olive	$8,634	$21,555	$47,220	$76,230	$128,672
Seminary	$11,020	$27,510	$63,120	$111,380	$173,616
Sumrall	$18,815	$52,570	$105,680	$167,785	$249,880
Taylorsville	$7,394	$17,770	$35,170	$62,970	$96,154
Prentiss	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Covington County, Mississippi

Property tax bills in Covington County, Mississippi, are calculated based on the assessed value of a property, which is typically a percentage of the market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Covington County experience a range of tax bills, with the 25th percentile at $190, indicating that a quarter of the homeowners pay less than this amount annually. At the higher end, the 90th percentile tax bill reaches $1,356, suggesting a significant variance depending on property value and location within the county. The median home price in Covington County is $57,690, which is considerably lower than the national median, contributing to lower tax bills compared to the national median property tax bill of $2,400. Cities like Hattiesburg and Taylorsville within the county show median tax bills of $781 and $282, respectively, reflecting the diversity in property values and tax rates. This variability in tax bills can significantly impact homeowners' financial planning and affordability.

Property Tax Bills Across Covington County, Mississippi

Source: Ownwell

$282

$554

$825

Median Covington County Tax Bill

$431

Median Mississippi Tax Bill

$854

Median United States Tax Bill

$2,400

Property Tax Bills Across Covington County, Mississippi

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Collins	$81	$195	$414	$809	$1,287
Hattiesburg	$153	$430	$781	$990	$1,650
Mount Olive	$75	$156	$341	$675	$1,150
Seminary	$96	$199	$478	$929	$1,493
Sumrall	$148	$379	$776	$1,345	$2,096
Taylorsville	$54	$134	$282	$536	$870
Prentiss	N/A	N/A	N/A	N/A	N/A

Source: Ownwell