Sumrall, Lamar County, Mississippi Property Taxes
Median Sumrall, MS effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but equal to the Mississippi state median of 1.31%.
Median Sumrall, MS home value: $105,445
Median annual Sumrall, MS tax bill: $1,524, $876 lower than the national median property tax bill of $2,400.
How are property taxes in Lamar calculated?
Property taxes in Sumrall, 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 Sumrall’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sumrall, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sumrall, Lamar County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.31%
Estimate Property Tax Bill
$1,381
$1,282
Property Tax Rates Across Sumrall, Lamar County, Mississippi
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. This variation arises because each county annually estimates the budget needed to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in determining these rates and budgets, this is the basic process followed each year.
In Sumrall, located in Lamar County, Mississippi, the effective property tax rate is a point of interest. Comparing this rate to other cities in Mississippi and the national median provides valuable insight. Mississippi's median property tax rate is higher than the national median of 1.02%, making it essential for property owners in Sumrall to stay informed and consider appealing their property taxes if necessary. By understanding how local tax rates compare to state and national figures, property owners can make informed decisions about potential appeals and exemptions, ensuring they are not overpaying on their property taxes.
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 Sumrall Tax Rate
1.31%
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 Lamar County Tax Rate
1.26%
Median Effective Mississippi Tax Rate
1.31%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sumrall, Lamar County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39482 | 1.26% | 1.26% | 1.31% | 1.89% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Sumrall, Lamar County, Mississippi
When examining property taxes in Sumrall, 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 Lamar 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 Lamar 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 Sumrall. For example, the median home price in Sumrall is $105,445, with tax bills ranging significantly across the county. Zip code 39482 has the highest median home price at $105,445.
Property Tax Assessment Values Across Sumrall, Lamar County, Mississippi
Source: Ownwell
$36,910
$105,110
$173,310
Median Sumrall Market Value
$105,445
Median Lamar County Market Value
$134,620
Median Mississippi Market Value
$68,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sumrall, Lamar County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39482 | $15,789 | $47,335 | $105,445 | $177,210 | $247,941 |
Source: Ownwell
Property Tax Bills Across Sumrall, Lamar County, Mississippi
In Sumrall, located in Lamar County, Mississippi, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value and is used to calculate the property tax bill by applying the local tax rate. In Lamar County, the median property tax bill is $1,524, which is below the national median of $2,400. Factors influencing the tax bill include changes in the property's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners, property taxes represent a significant expense, impacting overall housing affordability.
Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing the assessed value and comparing it with similar properties, Ownwell can determine if there is a case for reducing the tax bill. This service can lead to significant savings, ensuring homeowners are not overpaying and are taking full advantage of available exemptions.
Median Sumrall Tax Bill
$1,524
Median Lamar County Tax Bill
$1,887
Median Mississippi Tax Bill
$854
Median United States Tax Bill
$2,400
Property Tax Bills Across Sumrall, Lamar County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39482 | $260 | $701 | $1,524 | $2,549 | $3,514 |
Source: Ownwell