Hinds County, Mississippi Property Taxes
The median property tax rate in Hinds County is 1.81%, which is significantly higher than both the national median of 0.99% and the Mississippi state median of 1.31%. With the median home value in Hinds County, the typical annual property tax bill reaches $1,076, which is lower than the national median of $2,690. Property taxes in Hinds County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Hinds 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 Jackson or another part of Hinds County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hinds County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.81%
Estimate Property Tax Bill
$1,151
$1,068
Ownwell’s Hinds County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Hinds County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Hinds 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 Hinds County, Mississippi
Property taxes in Hinds County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Hinds County is 1.81%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Hinds County set these rates annually, and they can vary significantly between different areas within the county. Each year, Hinds 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. For comparison, the city of Tougaloo has one of the higher property tax rates in Mississippi at 2.89%, while the city of Raymond boasts one of the lowest at 1.05%. Analyzing how Hinds County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Hinds County Tax Rate
1.81%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hinds County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bolton | 0.70% | 0.85% | 1.18% | 1.77% | 1.81% |
| Byram | 0.69% | 1.23% | 1.32% | 1.56% | 2.35% |
| Clinton | 0.55% | 1.11% | 1.31% | 1.77% | 2.28% |
| Crystal Springs | 0.65% | 0.90% | 1.18% | 1.81% | 1.81% |
| Edwards | 0.79% | 0.98% | 1.24% | 1.81% | 2.43% |
| Flora | 0.76% | 0.88% | 1.18% | 1.77% | 1.77% |
| Flowood | N/A | N/A | N/A | N/A | N/A |
| Jackson | 1.25% | 1.60% | 2.35% | 2.89% | 2.89% |
| Learned | N/A | N/A | N/A | N/A | N/A |
| Raymond | 0.51% | 0.80% | 1.05% | 1.42% | 1.81% |
| Richland | N/A | N/A | N/A | N/A | N/A |
| Terry | 0.55% | 0.82% | 1.06% | 1.40% | 1.81% |
| Tougaloo | 1.49% | 1.82% | 2.89% | 2.89% | 2.89% |
| Utica | 0.79% | 0.95% | 1.34% | 1.81% | 1.82% |
Source: Ownwell
Property Tax Assessment Values Across Hinds County, Mississippi
In Hinds 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 Hinds 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 Hinds 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. Being aware of these valuation processes in Hinds County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Flowood has the highest median tax bill at $3,362, while Richland has the lowest at $281.
Property Tax Assessment Values Across Hinds County, Mississippi
Source: Ownwell
$12,050
$95,395
$178,740
Average Hinds County Assessed Value
$63,595
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hinds County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bolton | $13,950 | $24,995 | $46,250 | $87,905 | $157,800 |
| Byram | $65,271 | $90,150 | $108,115 | $133,368 | $173,467 |
| Clinton | $59,760 | $80,610 | $108,150 | $165,820 | $242,060 |
| Crystal Springs | $17,080 | $26,550 | $49,800 | $94,880 | $164,260 |
| Edwards | $10,010 | $20,062 | $41,010 | $75,530 | $144,530 |
| Flora | $25,849 | $35,600 | $57,145 | $75,058 | $116,332 |
| Flowood | N/A | N/A | N/A | N/A | N/A |
| Jackson | $18,400 | $31,110 | $51,240 | $90,250 | $147,501 |
| Learned | N/A | N/A | N/A | N/A | N/A |
| Raymond | $20,907 | $43,060 | $92,880 | $151,772 | $234,407 |
| Richland | N/A | N/A | N/A | N/A | N/A |
| Terry | $25,488 | $53,520 | $113,835 | $170,060 | $241,110 |
| Tougaloo | $7,393 | $13,782 | $19,990 | $31,618 | $51,858 |
| Utica | $12,860 | $22,845 | $39,620 | $67,380 | $112,216 |
Source: Ownwell
Property Tax Bills Across Hinds County, Mississippi
In Hinds County, MS, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the market value of the home. For example, a median home price in Hinds County is $63,595. The tax rate is then applied to this assessed value to determine the tax bill. Several factors influence the final tax bill, including the property's location and any applicable exemptions. For instance, tax bills can range significantly within the county: the 25th percentile tax bill is $636, while the 75th percentile reaches $1,761, and the 90th percentile can go up to $2,847. In terms of extremes, Flowood has the highest median tax bill at $3,362, whereas Richland has the lowest at $281. These property taxes can significantly impact homeowners, affecting their monthly mortgage payments and overall housing affordability. Compared to the national median property tax rate of 0.99%, Hinds County's rates reflect a diverse range of tax burdens on its residents.
Average Hinds County Tax Bill
$1,076
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Hinds County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bolton | $170 | $288 | $537 | $913 | $1,751 |
| Byram | $477 | $1,049 | $1,443 | $2,056 | $2,842 |
| Clinton | $465 | $918 | $1,494 | $2,310 | $3,400 |
| Crystal Springs | $156 | $294 | $506 | $987 | $1,912 |
| Edwards | $134 | $270 | $509 | $896 | $1,700 |
| Flora | $226 | $340 | $654 | $1,032 | $1,165 |
| Flowood | N/A | N/A | N/A | N/A | N/A |
| Jackson | $403 | $660 | $1,047 | $1,668 | $2,829 |
| Learned | N/A | N/A | N/A | N/A | N/A |
| Raymond | $223 | $419 | $832 | $1,531 | $2,609 |
| Richland | N/A | N/A | N/A | N/A | N/A |
| Terry | $283 | $538 | $1,054 | $1,802 | $2,734 |
| Tougaloo | $203 | $364 | $494 | $644 | $1,040 |
| Utica | $171 | $299 | $513 | $823 | $1,259 |
Source: Ownwell