Poplarville, Mississippi Property Taxes
The median property tax rate in Poplarville, MS is 0.96%, slightly lower than the national median of 0.99% and significantly below the Mississippi state median of 1.31%. With the median home value in Poplarville at $96,634, the typical annual property tax bill is approximately $1,157, which is lower than the national median of $2,690. Property taxes in Poplarville are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Poplarville'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 Poplarville or another part of Hancock County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Poplarville, Mississippi Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$2,620
Ownwell’s Poplarville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Poplarville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Poplarville 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 Poplarville, Mississippi
Property taxes in Poplarville, Mississippi, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Poplarville is 0.96%, slightly lower than the U.S. national median of 0.99%. Local government entities within Poplarville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Poplarville 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 Poplarville's effective property tax rate to other counties in Mississippi and the national median. For comparison, the 39470 zip code has the highest median property tax rate of 0.96%, while the 39470 zip code also has the lowest median tax rate of 0.96%. Understanding how these cities compare with Poplarville 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 Poplarville 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 Poplarville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39470 | 0.95% | 0.95% | 0.96% | 1.43% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Poplarville, Mississippi
In Poplarville, 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 Poplarville, 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 Poplarville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Poplarville are both $1,157, found in the 39470 zip code.
Property Tax Assessment Values Across Poplarville, Mississippi
Source: Ownwell
$85,314
$113,461
$141,607
Average Poplarville Assessed Value
$96,634
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 Poplarville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39470 | $32,350 | $71,172 | $96,634 | $142,064 | $233,545 |
Source: Ownwell
Property Tax Bills Across Poplarville, Mississippi
In Poplarville, property tax bills are determined by assessing the market value of a home and applying the local tax rate set by Hancock County. The median home price in Poplarville is $96,634, and property taxes are calculated based on this assessed value. Homeowners can expect tax bills to vary significantly depending on their property's assessed value and the applicable tax rate. Several factors influence the final tax bill, including the property's assessed market value and any applicable exemptions. For example, the 25th percentile tax bill is $678, while the 75th percentile tax bill is $1,650. At the higher end, the 90th percentile tax bill reaches $2,490. The highest median tax bill in the area is $1,157, which is notably higher than the national median property tax rate of 0.99%. These property taxes directly impact homeowners by contributing to essential public services such as education, infrastructure, and emergency services. Understanding how these bills are calculated helps homeowners better plan their finances and potentially seek exemptions or appeals to reduce their tax burden.
Average Poplarville Tax Bill
$1,157
Average Hancock County Tax Bill
$1,554
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Poplarville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39470 | $321 | $678 | $1,157 | $1,650 | $2,490 |
Source: Ownwell