Laurel, Jones County, Mississippi Property Taxes

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

Median Laurel, MS effective property tax rate: 1.40%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Laurel, MS home value: $63,030
Median annual Laurel, MS tax bill: $854, $1,546 lower than the national median property tax bill of $2,400.

How are property taxes in Jones calculated?

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

Last Updated March 1, 2025

Laurel, Jones County, Mississippi Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.4%

Estimate Property Tax Bill

$882

$819

Ownwell’s Laurel Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Laurel with just two data points. By entering your property's estimated assessed value, our calculator applies Laurel’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 Jones County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Laurel, Jones County, Mississippi

Local government entities set 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.

Laurel in Jones County, Mississippi, presents a unique landscape for property tax rates. The effective property tax rate in Laurel can be compared to other cities across Mississippi, as well as to the median property tax rates in the state and the U.S. With a median property tax rate of 1.40%, Mississippi's rates are higher than the national median of 1.02%. Within Laurel, the highest median tax rate reaches 2.57% in the 39440 zip code, while the lowest is 1.10% in the 39443 zip code. These variations highlight the importance of understanding local tax rates and how they compare to broader state and national benchmarks. Whether you're a homeowner or prospective buyer, being informed about these rates can have a significant impact on your financial planning and property investment decisions.

Property Tax Rates Across Laurel, Jones County, Mississippi

Source: Ownwell

0.94%

1.75%

2.57%

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 Laurel Tax Rate

1.40%

Median Effective Jones County Tax Rate

1.30%

Median Effective Mississippi Tax Rate

1.31%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Laurel, Jones County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
39440	0.78%	1.31%	2.57%	2.57%	2.57%
39443	0.36%	0.88%	1.10%	1.93%	1.93%
39442	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Laurel, Jones County, Mississippi

When examining property taxes in Laurel, 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. Jones County 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 Jones 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 Laurel. For example, the median home price in Laurel is $63,030, with tax bills ranging significantly across the county. Zip code 39443 has the highest median home price at $71,645.

Property Tax Assessment Values Across Laurel, Jones County, Mississippi

Source: Ownwell

$51,635

$65,675

$79,715

Median Laurel Market Value

$63,030

Median Jones County Market Value

$66,415

Median Mississippi Market Value

$68,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Laurel, Jones County, Mississippi

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
39440	$19,440	$30,660	$51,635	$86,785	$139,349
39443	$21,546	$42,718	$71,645	$112,390	$179,885
39442	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Laurel, Jones County, Mississippi

In Laurel, located in Jones County, MS, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in this area is $63,030. Property tax rates are applied to this assessed value, with the median property tax bill being $888. This is significantly lower than the national median property tax bill of $2,400. Factors affecting the tax bill include the property's location, improvements, and any applicable exemptions. For instance, the tax bill can range from $492 at the 25th percentile to $2,378 at the 90th percentile, depending on these variables. Homeowners in Laurel can benefit from consulting services to ensure they are not overpaying on their property taxes. Ownwell specializes in property tax appeals and exemption services, helping homeowners navigate the complexities of property tax assessments. By leveraging their expertise, homeowners can potentially reduce their tax burdens, ensuring they pay only what is necessary.

Property Tax Bills Across Laurel, Jones County, Mississippi

Source: Ownwell

$668

$859

$1,050

Median Laurel Tax Bill

$854

Median Jones County Tax Bill

$874

Median Mississippi Tax Bill

$854

Median United States Tax Bill

$2,400

Property Tax Bills Across Laurel, Jones County, Mississippi

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
39440	$300	$566	$888	$1,427	$2,398
39443	$215	$432	$819	$1,446	$2,371
39442	N/A	N/A	N/A	N/A	N/A

Source: Ownwell