Gautier, Mississippi Property Taxes
The median property tax rate in Gautier, MS is 1.21%, which is higher than the national median of 0.99% but slightly lower than the Mississippi state median of 1.31%. With a median home value of $85,139 in Gautier, the typical annual property tax bill amounts to $992, which is below the national median of $2,690. Property taxes in Gautier are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Gautier'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 Gautier or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gautier, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$1,030
Ownwell’s Gautier Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gautier with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gautier 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 Gautier, Mississippi
Property taxes in Gautier, Mississippi, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gautier is 1.21%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Gautier set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gautier 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 Gautier's effective property tax rate to other counties in Mississippi and the national median. For comparison, the highest median property tax rate in Jackson County is also 1.21%, while the lowest median tax rate is the same at 1.21%. Understanding how these cities compare with Gautier provides valuable insights into the varying tax landscape across Jackson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gautier Tax Rate
1.21%
Average Jackson County Tax Rate
1.16%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gautier, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39553 | 0.45% | 1.00% | 1.21% | 2.12% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across Gautier, Mississippi
In Gautier, 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 Jackson 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 Gautier, 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 Gautier helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 39553 has the highest and lowest median tax bill at $992.
Average Gautier Assessed Value
$85,139
Average Jackson County Assessed Value
$94,879
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gautier, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39553 | $31,476 | $46,840 | $85,139 | $121,305 | $172,891 |
Source: Ownwell
Property Tax Bills Across Gautier, Mississippi
In Gautier, located in Jackson County, MS, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Gautier is $85,139. To determine the tax bill, the assessed value is multiplied by the local tax rate. Factors such as property improvements, market conditions, and neighborhood trends can influence the assessed value. Homeowners in Gautier can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $580, while the 75th percentile reaches $1,575, and the 90th percentile can be as high as $2,416. The highest and lowest median tax bills in the area are both $992, indicating a relatively consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Gautier's tax rates can be considered moderate, offering homeowners a balanced approach to property taxation.
Average Gautier Tax Bill
$992
Average Jackson County Tax Bill
$1,144
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Gautier, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39553 | $282 | $580 | $992 | $1,575 | $2,416 |
Source: Ownwell