George County, Mississippi Property Taxes
The median property tax rate in George County is 1.06%, 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 George County at $59,265, the typical annual property tax bill is approximately $573, significantly below the national median of $2,690. Property taxes in George County are calculated based on the tax assessed value, often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding George County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Lucedale or another part of George County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
George County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$628
$583
Ownwell’s George County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in George County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in George County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across George County, Mississippi
Property taxes in George County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in George County is 1.06%, which is higher than the U.S. national median of 0.99%. Local government entities within George County set these rates annually, and they can vary significantly between different areas within the county. Each year, George County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares George County's effective property tax rate with other counties in Mississippi and the national median. For comparison, the city of Mc Lain has one of the higher property tax rates in Mississippi at 1.35%, while the city of Lucedale boasts one of the lowest at 1.06%. Analyzing how George County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average George County Tax Rate
1.06%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across George County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lucedale | 0.48% | 0.83% | 1.06% | 1.83% | 1.87% |
| Mc Lain | 0.48% | 0.88% | 1.35% | 1.84% | 1.88% |
| Perkinston | 0.55% | 0.86% | 1.11% | 1.83% | 1.84% |
Source: Ownwell
Property Tax Assessment Values Across George County, Mississippi
In George County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the George County Appraisal District. The assessed value, however, 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 George County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Property owners in George County see a range of tax bills, with Perkinston having the highest median tax bill at $619 and Mc Lain the lowest at $478. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across George County, Mississippi
Source: Ownwell
$38,895
$49,248
$59,600
Average George County Assessed Value
$59,265
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across George County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lucedale | $3,500 | $19,660 | $59,600 | $103,240 | $161,340 |
| Mc Lain | $1,876 | $9,455 | $38,895 | $78,492 | $126,202 |
| Perkinston | $9,924 | $27,040 | $57,850 | $98,655 | $140,248 |
Source: Ownwell
Property Tax Bills Across George County, Mississippi
In George County, MS, property tax bills are calculated based on the assessed value of a home, which is determined by county assessors. This assessed value is a percentage of the property's market value. Various factors, such as property size, location, and improvements, influence the assessed value. The tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in George County, the financial impact can vary significantly. The median home price stands at $59,265, with tax bills ranging from $182 at the 25th percentile to $1,855 at the 90th percentile. In Perkinston, the highest median tax bill is $619, while in McLain, it is $478. These figures highlight the variability within the county and contrast with the national median property tax rate of 0.99%. Homeowners must consider these taxes as they can affect overall housing affordability and financial planning.
Average George County Tax Bill
$573
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across George County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Lucedale | $47 | $182 | $575 | $1,141 | $1,861 |
| Mc Lain | $33 | $118 | $478 | $900 | $1,367 |
| Perkinston | $73 | $361 | $619 | $1,161 | $1,721 |
Source: Ownwell