Scott County Property Taxes
The median property tax rate in Scott County is 1.02%, which is slightly higher than the national median of 0.99% but lower than the Mississippi state median of 1.31%. With a median home value of $53,585, the typical annual property tax bill in Scott County amounts to $504, significantly less than the national median of $2,690. Property taxes here are calculated based on the assessed value, which is often lower than the actual market value due to exemptions like those for primary residences and agricultural properties. Understanding Scott County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Forest or another part of Scott County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Scott County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$547
$507
Ownwell’s Scott County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Scott County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Scott County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Scott County, Mississippi
Property taxes in Scott County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Scott County is 1.02%, which is higher than both the Mississippi state median and the U.S. national median of 0.99%. Local government entities within Scott County set these rates annually, and they can vary significantly between different areas within the county. Each year, Scott County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Sebastopol has one of the higher property tax rates in Mississippi at 1.20%, while the city of Harperville boasts one of the lowest at 0.71%. Analyzing how Scott County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Scott County Tax Rate
1.02%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scott County, Mississippi
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Conehatta | 0.56% | 0.78% | 1.05% | 1.78% | 1.78% |
Forest | 0.46% | 0.57% | 1.01% | 1.06% | 1.78% |
Harperville | 0.71% | 0.71% | 0.71% | 0.71% | 0.71% |
Lake | 0.69% | 0.79% | 1.05% | 1.78% | 1.79% |
Lena | 0.42% | 0.78% | 1.03% | 1.78% | 1.78% |
Ludlow | 0.71% | 0.76% | 0.79% | 1.78% | 1.79% |
Morton | 0.62% | 0.78% | 1.04% | 1.75% | 1.78% |
Pelahatchie | 0.62% | 0.79% | 0.99% | 1.66% | 1.78% |
Pulaski | 0.34% | 0.54% | 0.87% | 1.10% | 1.78% |
Sebastopol | 0.75% | 0.96% | 1.20% | 2.05% | 2.05% |
Union | 0.96% | 0.99% | 1.16% | 1.65% | 1.92% |
Walnut Grove | 0.59% | 0.79% | 1.01% | 1.78% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Scott County, Mississippi
In Scott County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Scott County Appraisal District. The assessed value, however, 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. Assessment notices in Scott County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Scott County, Harpersville has the highest median tax bill at $1,789, while Ludlow has the lowest at $412. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Scott County, Mississippi
Source: Ownwell
$31,120
$81,090
$131,060
Average Scott County Assessed Value
$53,585
Average Mississippi Assessed Value
$68,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Scott County, Mississippi
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Conehatta | $25,628 | $43,740 | $74,100 | $146,525 | $186,938 |
Forest | $11,662 | $26,960 | $52,490 | $86,790 | $150,276 |
Harperville | $34,412 | $70,655 | $131,060 | $191,465 | $227,708 |
Lake | $9,507 | $22,300 | $53,360 | $90,480 | $142,073 |
Lena | $13,512 | $28,805 | $55,050 | $98,635 | $155,186 |
Ludlow | $9,094 | $11,695 | $36,320 | $50,820 | $135,706 |
Morton | $14,960 | $31,130 | $53,480 | $88,620 | $144,840 |
Pelahatchie | $16,250 | $28,240 | $63,050 | $150,660 | $216,902 |
Pulaski | $11,382 | $26,155 | $57,920 | $95,288 | $150,525 |
Sebastopol | $31,068 | $38,280 | $61,480 | $90,770 | $173,734 |
Union | $19,997 | $26,292 | $31,120 | $68,562 | $147,422 |
Walnut Grove | $14,240 | $30,610 | $74,125 | $117,902 | $204,570 |
Source: Ownwell
Property Tax Bills Across Scott County, Mississippi
In Scott County, MS, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is typically a percentage of the market value of the home. Once the assessed value is established, it is multiplied by the county's property tax rate to determine the tax bill. For homeowners in Scott County, the median home price is $53,585. Property tax bills can vary significantly, with the 25th percentile tax bill at $257, the 75th percentile at $930, and the 90th percentile reaching $1,647. The highest median tax bill in the county is $1,789 in Harperville, while the lowest is $412 in Ludlow. These tax bills directly impact homeowners by contributing to the overall cost of owning a home. Compared to the national median property tax rate of 0.99%, Scott County's property tax bills can be relatively modest, but they still represent a significant expense that homeowners must budget for annually.
Average Scott County Tax Bill
$504
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Scott County, Mississippi
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Conehatta | $267 | $500 | $900 | $1,657 | $2,563 |
Forest | $105 | $215 | $435 | $774 | $1,401 |
Harperville | $1,789 | $1,789 | $1,789 | $1,789 | $1,789 |
Lake | $120 | $240 | $529 | $1,014 | $1,791 |
Lena | $134 | $308 | $590 | $1,067 | $1,780 |
Ludlow | $129 | $159 | $412 | $649 | $1,323 |
Morton | $156 | $329 | $571 | $1,018 | $1,689 |
Pelahatchie | $170 | $326 | $724 | $1,574 | $2,875 |
Pulaski | $115 | $226 | $467 | $866 | $1,741 |
Sebastopol | $127 | $463 | $705 | $1,100 | $2,068 |
Union | $173 | $235 | $463 | $1,498 | $2,508 |
Walnut Grove | $139 | $284 | $698 | $1,335 | $2,289 |
Source: Ownwell
Find your City
C
F
H
L
M
P
S
U
W