Daleville, Mississippi Property Taxes
The median property tax rate in Daleville, MS is 0.77%, which is lower than both the national median of 0.99% and the Mississippi state median of 1.31%. With a median home value of $60,133 in Daleville, the typical annual property tax bill amounts to $638, significantly below the national median of $2,690. Property taxes in Daleville are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Daleville'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 Daleville 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
Daleville, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$463
Ownwell’s Daleville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Daleville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Daleville 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 Daleville, Mississippi
Property taxes in Daleville, Mississippi, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Daleville is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Daleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Daleville 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. Understanding how Daleville's effective property tax rate compares with other areas provides valuable insights into the varying tax landscape across Kemper County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Daleville Tax Rate
0.77%
Average Kemper County Tax Rate
1.45%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Daleville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39326 | 0.55% | 0.61% | 0.77% | 1.51% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Daleville, Mississippi
In Daleville, 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 Kemper 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 Daleville, 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 Daleville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Daleville is $638 in the 39326 zip code, which is also the lowest median tax bill in the area.
Average Daleville Assessed Value
$60,133
Average Kemper County Assessed Value
$50,005
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Daleville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39326 | $9,364 | $36,163 | $60,133 | $117,490 | $176,374 |
Source: Ownwell
Property Tax Bills Across Daleville, Mississippi
In Daleville, MS, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The assessed value is then multiplied by the local tax rate set by Kemper County. Homeowners in this region experience a range of property tax bills, with the 25th percentile paying around $285 and the 75th percentile facing bills up to $1031. For those at the 90th percentile, property taxes can reach as high as $1654. The median home price in Daleville is $60,133, which helps determine the assessed value and ultimately the tax bill. Compared to the national median property tax rate of 0.99%, homeowners in Daleville might find their tax rates relatively manageable. However, these taxes can still significantly impact household budgets, influencing decisions on homeownership and property investments. The highest and lowest median tax bills in the area are both $638, specifically in the 39326 zip code, indicating some consistency in tax assessments within that locality.
Average Daleville Tax Bill
$638
Average Kemper County Tax Bill
$395
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Daleville, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39326 | $120 | $285 | $638 | $1,031 | $1,654 |
Source: Ownwell