Pike County, Mississippi Property Taxes
Median Pike County effective property tax rate: 1.91%, significantly higher than the national median of 1.02%. Median Pike County home value: $23,724. Median annual Pike County tax bill: $353, $2,047 lower than the national median property tax bill of $2,400.
How are property taxes in Pike County calculated?
Property taxes in Pike County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in McComb or another part of Pike County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pike County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.91%
Estimate Property Tax Bill
$453
$420
Ownwell’s Pike County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pike County with just two data points.
By entering your property's estimated assessed value, our calculator applies Pike County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Pike County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Pike County, Mississippi
Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Pike County's effective property tax rate to other counties in Mississippi or the U.S. median property tax rate. Pike County has a median property tax rate of 1.91%, which is significantly higher than the national median of 1.02%. Within Mississippi, the city of Ruth has the highest median tax rate at 2.02%, while Fernwood has the lowest at 1.87%. Understanding these differences can help property owners in Pike County make informed decisions about their property tax appeals and exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Pike County Tax Rate
1.91%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pike County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fernwood | 0.10% | 0.85% | 1.87% | 1.87% | 1.87% |
| Jayess | N/A | N/A | N/A | N/A | N/A |
| Magnolia | 0.85% | 1.87% | 1.88% | 1.91% | 2.43% |
| Mccomb | 0.93% | 1.36% | 2.00% | 2.65% | 2.65% |
| Osyka | 0.85% | 1.87% | 1.88% | 1.91% | 2.39% |
| Ruth | 0.94% | 1.33% | 2.02% | 2.06% | 2.06% |
| Summit | 0.91% | 1.17% | 2.01% | 2.04% | 2.54% |
| Tylertown | 0.94% | 1.36% | 2.02% | 2.02% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Pike County, Mississippi
When examining property taxes in Pike County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Pike County Tax Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Pike County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Pike County.
For example, the median tax bill in Pike County is $477, with tax bills ranging significantly across the county. McComb has the highest median home price at $30,931.
Median Pike County Market Value
$23,724
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pike County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fernwood | $8,967 | $15,314 | $30,860 | $55,432 | $78,614 |
| Jayess | N/A | N/A | N/A | N/A | N/A |
| Magnolia | $1,423 | $4,750 | $15,460 | $46,353 | $88,309 |
| Mccomb | $2,674 | $8,958 | $30,931 | $63,712 | $123,121 |
| Osyka | $1,836 | $5,000 | $15,086 | $47,899 | $90,790 |
| Ruth | $1,018 | $4,457 | $14,255 | $50,230 | $103,619 |
| Summit | $1,845 | $7,213 | $27,954 | $79,632 | $164,522 |
| Tylertown | $1,292 | $5,264 | $14,832 | $51,750 | $109,437 |
Source: Ownwell
Property Tax Bills Across Pike County, Mississippi
Property tax bills in Pike County, Mississippi, are determined by assessing the market value of a property and applying the local tax rate. Homeowners in the region can expect a median property tax bill that varies significantly, with the 25th percentile at $110 and the 75th percentile reaching $927. This range highlights the disparity in tax obligations depending on property values and specific locations within the county. In McComb, the highest median tax bill is recorded at $477, reflecting the area's property values and local tax rate. Conversely, Tylertown has the lowest median tax bill at $200, indicating a more affordable tax burden for homeowners.
Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Pike County residents generally experience a lower tax burden. However, the impact on homeowners can vary widely based on their property's assessed value and the specific tax rate applied. Understanding these factors is crucial for homeowners to anticipate their tax obligations and manage their financial planning effectively.
Median Pike County Tax Bill
$353
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Pike County, Mississippi
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fernwood | $33 | $168 | $314 | $551 | $654 |
| Jayess | N/A | N/A | N/A | N/A | N/A |
| Magnolia | $23 | $78 | $224 | $596 | $1,251 |
| Mccomb | $47 | $149 | $477 | $1,084 | $1,944 |
| Osyka | $30 | $88 | $202 | $648 | $1,257 |
| Ruth | $14 | $72 | $213 | $588 | $1,355 |
| Summit | $33 | $127 | $406 | $1,119 | $2,187 |
| Tylertown | $21 | $89 | $200 | $688 | $1,294 |
Source: Ownwell