Pelahatchie, Rankin County, Mississippi Property Taxes
Median Pelahatchie, MS effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Pelahatchie, MS home value: $65,680
Median annual Pelahatchie, MS tax bill: $611, $1,789 lower than the national median property tax bill of $2,400.
How are property taxes in Rankin County calculated?
Property taxes in Pelahatchie, MS 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 Pelahatchie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pelahatchie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pelahatchie, Rankin County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$552
$512
Property Tax Rates Across Pelahatchie, Rankin County, Mississippi
Local government entities set tax rates, which can vary widely within a state. Why? 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 Pelahatchie’s effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S.
In Pelahatchie, located in Rankin County, the property tax rate is noticeably lower than the national median. With Mississippi's median rate at 0.84%, it stands as one of the states with the most favorable property tax climates. This is a stark contrast to the national median property tax rate of 1.02%. Homeowners in Pelahatchie benefit from these lower rates, which can significantly reduce their annual financial burden. This favorable tax environment can make Pelahatchie an attractive location for potential homeowners looking to maximize their investment.
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 Pelahatchie Tax Rate
0.84%
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 Rankin County Tax Rate
0.91%
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Pelahatchie, Rankin County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39145 | 0.40% | 0.57% | 0.84% | 1.46% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Pelahatchie, Rankin County, Mississippi
When examining property taxes in Pelahatchie, Mississippi, 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 Rankin County appraisal district 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.
In Rankin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Pelahatchie.
For example, the median home price in Pelahatchie is $65,680, with tax bills ranging significantly across the county. Zip code 39145 has the highest median home price at $65,680.
Property Tax Assessment Values Across Pelahatchie, Rankin County, Mississippi
Source: Ownwell
$60,595
$128,675
$196,755
Median Pelahatchie Market Value
$65,680
Median Rankin County Market Value
$136,735
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Pelahatchie, Rankin County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39145 | $22,601 | $39,232 | $65,680 | $126,595 | $223,274 |
Source: Ownwell
Property Tax Bills Across Pelahatchie, Rankin County, Mississippi
In Pelahatchie, located in Rankin County, Mississippi, 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 Pelahatchie is $65,680, and the property tax rate is applied to this assessed value to determine the tax bill. The tax bill can vary significantly, with the 25th percentile at $330 and the 75th percentile at $1,155, highlighting the range of potential costs homeowners might face.
Factors influencing the tax bill include changes in property value and local tax rates, which can affect homeowners' finances. The highest and lowest median tax bill in the area is $611, indicating a relatively stable tax environment compared to the national median property tax bill of $2,400.
Ownwell assists homeowners by offering property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners pay only their fair share, providing significant savings and peace of mind.
Median Pelahatchie Tax Bill
$611
Median Rankin County Tax Bill
$1,263
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Pelahatchie, Rankin County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39145 | $175 | $330 | $611 | $1,155 | $2,046 |
Source: Ownwell