Tylertown, Walthall County, Mississippi Property Taxes
Median Tylertown, MS effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Tylertown, MS home value: $59,160
Median annual Tylertown, MS tax bill: $693, $1,707 lower than the national median property tax bill of $2,400.
How are property taxes in Walthall calculated?
Property taxes in Tylertown, 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 Tylertown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tylertown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tylertown, Walthall County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$692
$642
Property Tax Rates Across Tylertown, Walthall County, Mississippi
Local government entities set property tax rates, which can vary widely within a state. 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.
In Tylertown, located in Walthall County, the effective property tax rate is 1.17%, which aligns with the highest and lowest median tax rates in the area. This rate is slightly above the national median property tax rate of 1.02%. Despite this, the property tax bills in Tylertown might still be more manageable compared to other regions, given the local property values.
Comparing Tylertown's property tax rate to other cities in Mississippi and the national average provides valuable insights for property owners and potential buyers. Understanding these rates can help in making informed decisions about property investments and budgeting for annual expenses.
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 Tylertown Tax Rate
1.17%
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 Walthall County Tax Rate
1.14%
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tylertown, Walthall County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39667 | 0.43% | 0.87% | 1.17% | 1.92% | 1.92% |
Source: Ownwell
Property Tax Assessment Values Across Tylertown, Walthall County, Mississippi
When examining property taxes in Tylertown, MS, 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 Walthall 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 Walthall 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 Tylertown. For example, the median home price in Tylertown is $59,160, with tax bills ranging significantly across the county. ZIP code 39667 has the highest median home price at $59,160.
Property Tax Assessment Values Across Tylertown, Walthall County, Mississippi
Source: Ownwell
$58,650
$69,998
$81,345
Median Tylertown Market Value
$59,160
Median Walthall County Market Value
$59,600
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tylertown, Walthall County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39667 | $12,413 | $32,055 | $59,160 | $94,302 | $142,080 |
Source: Ownwell
Property Tax Bills Across Tylertown, Walthall County, Mississippi
In Tylertown, located in Walthall County, MS, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. The median home price in this area is $59,160. Homeowners in Tylertown typically see property tax bills ranging from $345 at the 25th percentile to $1,252 at the 75th percentile. The 90th percentile tax bill can reach as high as $2,044. Despite having a median tax bill of $693, which is significantly lower than the national median of $2,400, these taxes can still be a burden for some homeowners.
Factors influencing these bills include property improvements, neighborhood developments, and changes in local tax rates. Homeowners can feel the impact of these taxes, as they directly affect their annual financial planning. This is where Ownwell can assist. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax obligations, ensuring they pay only what is fair and equitable. This can result in substantial savings and financial relief.
Median Tylertown Tax Bill
$693
Median Walthall County Tax Bill
$680
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Tylertown, Walthall County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39667 | $146 | $345 | $693 | $1,252 | $2,044 |
Source: Ownwell