Taylorsville, Jones County, Mississippi Property Taxes
Median Taylorsville, MS effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Mississippi state median of 1.31%.
Median Taylorsville, MS home value: $54,480
Median annual Taylorsville, MS tax bill: $739, $1,661 lower than the national median property tax bill of $2,400.
How are property taxes in Jones calculated?
Property taxes in Taylorsville, 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 Taylorsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Taylorsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Taylorsville, Jones County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.28%
Estimate Property Tax Bill
$697
$647
Property Tax Rates Across Taylorsville, Jones County, Mississippi
Local government entities set tax rates, which can vary widely within a state. Annually, 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. Below, you can compare Taylorsville’s effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S.
In Taylorsville, located in Jones County, the effective property tax rate is 1.28%. This rate is notably higher than the national median of 1.02%. Compared to the national median property tax bill of $2400, residents in Taylorsville may find their tax bills to be somewhat more substantial due to the higher rate. Mississippi's median tax rate also stands at 1.28%, reflecting a consistency across the region. This uniformity in rates within the state can impact property owners and potential buyers as they navigate the real estate market. Understanding these rates is crucial for making informed decisions about property investments and managing 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 Taylorsville Tax Rate
1.28%
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 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 Taylorsville, Jones County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39168 | 0.53% | 0.88% | 1.28% | 1.93% | 2.19% |
Source: Ownwell
Property Tax Assessment Values Across Taylorsville, Jones County, Mississippi
When examining property taxes in Taylorsville, 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 Jones 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 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 Taylorsville.
For example, the median home price in Taylorsville is $54,480, with tax bills ranging significantly across the county. Zip code 39168 has the highest median home price at $54,480.
Property Tax Assessment Values Across Taylorsville, Jones County, Mississippi
Source: Ownwell
$51,635
$65,675
$79,715
Median Taylorsville Market Value
$54,480
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 Taylorsville, Jones County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39168 | $12,970 | $28,880 | $54,480 | $89,385 | $145,422 |
Source: Ownwell
Property Tax Bills Across Taylorsville, Jones County, Mississippi
In Taylorsville, MS, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value, and local taxing authorities set the tax rate. In Taylorsville, the median home price stands at $54,480, which influences the property tax bill. Homeowners here pay a median property tax bill of $739, which is significantly lower than the national median of $2,400. Factors such as property size, location, and improvements can also affect the tax bill. For instance, the 25th percentile tax bill is $322, while the 90th percentile is $1,943, indicating a range based on different property factors.
Ownwell assists homeowners by reviewing their property assessments and identifying potential savings. By filing appeals and exemptions, Ownwell can help reduce the assessed value, leading to a lower tax bill. This service ensures homeowners in Taylorsville aren't overpaying and can keep more money in their pockets.
Median Taylorsville Tax Bill
$739
Median Jones County Tax Bill
$874
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Taylorsville, Jones County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39168 | $159 | $322 | $739 | $1,343 | $1,943 |
Source: Ownwell