Meridian, Clarke County, Mississippi Property Taxes

Name: Property Tax Bills Across Meridian, Clarke County, Mississippi
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Meridian, MS effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Meridian, MS home value: $83,525
Median annual Meridian, MS tax bill: $726, $1,674 lower than the national median property tax bill of $2,400.

How are property taxes in Clarke calculated?

Property taxes in Meridian, 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 Meridian’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Meridian, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Meridian, Clarke County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$802

$744

Ownwell’s Meridian Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Meridian with just two data points. By entering your property's estimated assessed value, our calculator applies Meridian’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Clarke County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Meridian, Clarke County, Mississippi

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. While the process involves votes and legislation, this is the annual routine in a nutshell. In Meridian, located in Clarke County, Mississippi, the effective property tax rate can be compared to other cities in Mississippi, as well as the median property tax rates in the state and across the United States. Mississippi's median property tax rate is slightly below the national median of 1.02%, indicating a more favorable tax environment for property owners compared to many other states. This offers potential savings to property owners in Meridian when compared to the national landscape. Understanding these rates can be crucial for homeowners looking to manage their expenses and maximize their property investment.

Property Tax Rates Across Meridian, Clarke County, Mississippi

Source: Ownwell

0.84%

1.20%

1.57%

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 Meridian Tax Rate

0.96%

Median Effective Clarke County Tax Rate

1.13%

Median Effective Mississippi Tax Rate

1.31%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Meridian, Clarke County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
39301	0.41%	0.74%	0.96%	1.16%	1.69%
39307	0.32%	0.57%	0.84%	1.10%	1.69%

Source: Ownwell

Property Tax Assessment Values Across Meridian, Clarke County, Mississippi

When examining property taxes in Meridian, 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 Clarke 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 Clarke 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 Meridian. For example, the median home price in Meridian is $83,525, with tax bills ranging significantly across the county. Zip code 39307 has the highest median home price at $85,380.

Property Tax Assessment Values Across Meridian, Clarke County, Mississippi

Source: Ownwell

$41,140

$63,260

$85,380

Median Meridian Market Value

$83,525

Median Clarke County Market Value

$54,740

Median Mississippi Market Value

$68,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Meridian, Clarke County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
39301	$24,980	$49,010	$83,510	$134,040	$199,660
39307	$28,630	$44,830	$85,380	$122,730	$156,306

Source: Ownwell

Property Tax Bills Across Meridian, Clarke County, Mississippi

In Meridian, property tax bills are calculated based on the assessed value of a home, determined by the local tax assessor. The assessment considers factors like property size, location, and market conditions. Meridian's property tax landscape shows a range of tax bills, with the 25th percentile at $388 and the 75th percentile at $1,227. This variation indicates that homeowners may face different tax burdens depending on their property's assessed value. The highest median tax bill in the area is $728 in the 39301 zip code, while the lowest is $459 in the 39307 zip code. Compared to the national median property tax bill of $2,400, Meridian homeowners generally pay less, but there is still potential for savings. Ownwell assists homeowners by identifying opportunities for property tax appeals and exemptions, potentially lowering their tax bills. By leveraging expertise in local property tax laws and market trends, Ownwell helps homeowners ensure they are not overpaying, maximizing their potential savings and reducing financial strain.

Property Tax Bills Across Meridian, Clarke County, Mississippi

Source: Ownwell

$459

$594

$728

Median Meridian Tax Bill

$726

Median Clarke County Tax Bill

$608

Median Mississippi Tax Bill

$854

Median United States Tax Bill

$2,400

Property Tax Bills Across Meridian, Clarke County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
39301	$200	$388	$728	$1,227	$2,029
39307	$253	$326	$459	$1,064	$1,530

Source: Ownwell