Poplarville, Mississippi Property Taxes
The median property tax rate in Poplarville, MS is 1.19%, slightly higher than the national median of 0.99% but lower than the Mississippi state median of 1.31%. With the median home value in Poplarville, the typical annual property tax bill stands at $334, which is significantly below the national median of $2,690. Property taxes in Poplarville are calculated based on the assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Poplarville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Poplarville 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
Poplarville, Mississippi Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$2,620
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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Poplarville is 0.52%, which is lower than both the Mississippi state median of 0.65% and 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 highest median property tax rate in Mississippi is found in Madison County at 0.80%, while the lowest median tax rate is in Clarke County at 0.47%. 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
1.19%
Average Stone County Tax Rate
1.32%
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 | 1.07% | 1.11% | 1.19% | 2.12% | 2.13% |
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 local 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. The median home price in Poplarville stands at $15,722, with tax bills ranging from $119 at the 25th percentile to $868 at the 90th percentile. The highest and lowest median tax bills both occur in the 39470 zip code, each at $334. 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.
Average Poplarville Assessed Value
$15,722
Average Stone County Assessed Value
$56,928
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 | $5,534 | $11,448 | $15,722 | $50,430 | $76,654 |
Source: Ownwell
Property Tax Bills Across Poplarville, Mississippi
In Poplarville, located in Stone County, MS, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The assessed value is typically a percentage of the market value, which is then multiplied by the tax rate set by local authorities. For instance, with a median home price of $157,722, homeowners can expect varying tax bills. The tax bill for the 25th percentile is around $119, while those in the 75th percentile pay approximately $599. At the 90th percentile, the tax bill can reach up to $868. These figures indicate that property taxes in Poplarville are relatively low compared to the national median property tax rate of 0.99%. However, the impact on homeowners can vary significantly based on the assessed value of their property and the specific tax rate applied. This system ensures that property taxes are proportionate to the value of the home, providing a fair distribution of the tax burden among homeowners.
Average Poplarville Tax Bill
$334
Average Stone County Tax Bill
$722
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 | $68 | $119 | $334 | $599 | $868 |
Source: Ownwell