Poplarville, Mississippi Property Taxes
The median property tax rate in Poplarville, Mississippi is 1.39%, higher than both the national median of 0.99% and the Mississippi state median of 1.31%. With the median home value in Poplarville at $63,060, the typical annual property tax bill reaches $807, which is significantly lower than the national median of $2,690. Property taxes in Poplarville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like 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 Pearl River 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
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$877
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 essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Poplarville is 1.39%, significantly higher 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 1.39%, while the same zip code also has the lowest median tax rate of 1.39%. Understanding how these cities compare with Poplarville provides valuable insights into the varying tax landscape across Pearl River County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Poplarville Tax Rate
1.39%
Average Pearl River County Tax Rate
1.68%
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 | 0.56% | 0.87% | 1.39% | 1.87% | 1.90% |
Source: Ownwell
Property Tax Assessment Values Across Poplarville, Mississippi
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Poplarville, Mississippi. 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 Pearl River 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. For instance, the zip code with the highest median tax bill is 39470, at $807, while the same zip code also has the lowest median tax bill. With the national median property tax rate at 0.99%, understanding these nuances can significantly impact your financial planning.
Property Tax Assessment Values Across Poplarville, Mississippi
Source: Ownwell
$49,530
$112,530
$175,530
Average Poplarville Assessed Value
$63,060
Average Pearl River County Assessed Value
$56,860
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 | $17,074 | $33,260 | $63,060 | $110,800 | $174,700 |
Source: Ownwell
Property Tax Bills Across Poplarville, Mississippi
In Poplarville, Pearl River County, MS, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. For instance, the median home price in Poplarville stands at $63,060. The tax rate applied to this assessed value determines the annual property tax bill. Various factors, such as the property's location within the county, improvements made to the property, and any applicable exemptions, influence the final tax amount. Homeowners in Poplarville can expect their tax bills to vary widely. The 25th percentile tax bill is around $387, while those in the 75th percentile may see bills as high as $1,459. At the 90th percentile, tax bills can reach up to $2,364. The median tax bill in the area is $807, which is significantly lower than the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable, but it also means that local services funded by these taxes may have limited resources.
Average Poplarville Tax Bill
$807
Average Pearl River County Tax Bill
$690
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 | $205 | $387 | $807 | $1,459 | $2,364 |
Source: Ownwell