Pulaski, Scott County, Mississippi Property Taxes
The median property tax rate in Pulaski, MS is 0.87%, which is lower than both the national median of 0.99% and the Mississippi state median of 1.31%. With the median home value in Pulaski, the typical annual property tax bill reaches $467, significantly less than the national median of $2,690. Property taxes in Pulaski are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pulaski'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 Pulaski 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
Pulaski, Scott County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$504
$468
Ownwell’s Pulaski Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pulaski with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pulaski 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 Pulaski, Scott County, Mississippi
Property taxes in Pulaski, Mississippi, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pulaski is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Pulaski set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pulaski 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 Pulaski's effective property tax rate to other regions in Mississippi and the national median. For comparison, the 39152 zip code has the highest median property tax rate of 0.87%, while the same zip code also has the lowest median tax rate of 0.87%. Understanding how these areas compare with Pulaski provides valuable insights into the varying tax landscape across Scott County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pulaski Tax Rate
0.87%
Average Scott County Tax Rate
1.02%
Average Mississippi Tax Rate
1.31%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pulaski, Scott County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39152 | 0.34% | 0.54% | 0.87% | 1.10% | 1.78% |
Source: Ownwell
Property Tax Assessment Values Across Pulaski, Scott County, Mississippi
In Pulaski, 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 Scott 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 Pulaski, 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. For instance, the median home price in Pulaski is $57,920, with tax bills ranging from $226 at the 25th percentile to $1,741 at the 90th percentile. The highest and lowest median tax bills are both $467 in zip code 39152. By understanding 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 Pulaski helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Pulaski, Scott County, Mississippi
Source: Ownwell
$52,490
$63,308
$74,125
Average Pulaski Assessed Value
$57,920
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 Pulaski, Scott County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39152 | $11,382 | $26,155 | $57,920 | $95,288 | $150,525 |
Source: Ownwell
Property Tax Bills Across Pulaski, Scott County, Mississippi
In Pulaski, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For homeowners, this means the tax bill is directly influenced by the market conditions and the assessed value determined by local authorities. The median home price in Pulaski is $57,920, which helps establish the baseline for property tax calculations. Tax bills can vary significantly, with the 25th percentile bill being $226 and the 75th percentile reaching up to $866. At the 90th percentile, homeowners could see tax bills as high as $1,741. These figures illustrate the range of property tax burdens within the city. The highest median tax bill recorded in the area is $467, which is consistent across the zip code 39152. Compared to the national median property tax rate of 0.99%, Pulaski homeowners experience a varied tax landscape. This variability can significantly impact household budgets, making it essential for homeowners to understand how their property taxes are assessed and what factors might influence their annual tax bill.
Average Pulaski Tax Bill
$467
Average Scott County Tax Bill
$504
Average Mississippi Tax Bill
$854
Average United States Tax Bill
$2,690
Property Tax Bills Across Pulaski, Scott County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39152 | $115 | $226 | $467 | $866 | $1,741 |
Source: Ownwell