Pass Christian, Mississippi Property Taxes
The median property tax rate in Pass Christian, MS, is 0.96%, slightly below the national median of 0.99% and significantly lower than the Mississippi state median of 1.31%. With a median home value of $118,332 in Pass Christian, the typical annual property tax bill amounts to $1,176, which is well below the national median of $2,690. Property taxes in Pass Christian are determined based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. By understanding Pass Christian's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you reside in the heart of Pass Christian or another part of Hancock County, gaining insight into the local property tax system can provide significant financial benefits.
Last Updated June 14, 2024
Pass Christian, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$1,136
$1,054
Ownwell’s PASS CHRISTIAN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PASS CHRISTIAN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PASS CHRISTIAN 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 Pass Christian, Mississippi
Property taxes in Pass Christian, Mississippi, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pass Christian is 0.96%, slightly below the U.S. national median of 0.99%. Local government entities within Pass Christian set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pass Christian 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 Pass Christian's effective property tax rate to other areas in Hancock County and the national median. For comparison, the 39571 zip code has both the highest and lowest median property tax rate of 0.96%. Understanding how these cities compare with Pass Christian provides valuable insights into the varying tax landscape across Hancock County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pass Christian Tax Rate
0.96%
Average Hancock County Tax Rate
1.25%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pass Christian, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39571 | 0.95% | 0.95% | 0.96% | 1.43% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Pass Christian, Mississippi
In Pass Christian, 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 Hancock 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 Pass Christian, 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 Pass Christian helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Pass Christian is $118,332. The median tax bill ranges from $732 at the 25th percentile to $2,862 at the 90th percentile. Interestingly, the highest and lowest median tax bills are both $1,176, found in the 39571 zip code.
Property Tax Assessment Values Across Pass Christian, Mississippi
Source: Ownwell
$85,314
$113,461
$141,607
Average Pass Christian Assessed Value
$118,332
Average Hancock County Assessed Value
$120,581
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pass Christian, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39571 | $41,175 | $63,836 | $118,332 | $181,013 | $276,285 |
Source: Ownwell
Property Tax Bills Across Pass Christian, Mississippi
In Pass Christian, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors such as property improvements, market trends, and neighborhood values can influence the assessed value. For homeowners, this means that any increase in property value can lead to higher property taxes. In Hancock County, the median home price is $118,332. The property tax rate in Pass Christian is relatively lower compared to the national median property tax rate of 0.99%. Homeowners in the 25th percentile can expect a tax bill around $732, while those in the 75th percentile might see a bill closer to $1,999. For those at the 90th percentile, the tax bill can reach up to $2,862. Understanding these factors helps homeowners anticipate their property tax obligations and budget accordingly.
Average Pass Christian Tax Bill
$1,176
Average Hancock County Tax Bill
$1,554
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Pass Christian, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39571 | $500 | $732 | $1,176 | $1,999 | $2,862 |
Source: Ownwell