Summit, Pike County, Mississippi Property Taxes
Property Taxes in Summit, Mississippi
Median Summit, Mississippi effective property tax rate: 2.03%, significantly higher than the national median of 1.02%, and higher than the Mississippi state median of 1.35%.
Median Summit, Mississippi home value: $26,090
Median annual Summit, Mississippi tax bill: $390, lower than the national median property tax bill of $2,400.
How are property taxes in Pike calculated?
Property taxes in Summit, Mississippi 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 Summit's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Summit, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Summit, Pike County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.03%
Estimate Property Tax Bill
$530
$491
How Does the Summit Property Tax Calculator Work?
Use this Summit property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Summit's median effective tax rate of 2.03% — based on actual property records in Pike County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Summit's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Summit: rates range from 390 in 39666 to 390 in 39666, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Summit.
About Summit Property Taxes
About Property Taxes in Summit, Pike, Mississippi
Summit’s median effective property tax rate of 2.03% is higher than the Mississippi state median of 1.35% and higher than the national median of 1.02%. This rate reflects the Pike County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Summit. Homeowners in the 39666 ZIP code carry a median effective rate of 2.03%, while those in the same ZIP code pay 2.03%. This spread reflects how school district boundaries and local assessment districts are drawn across Pike County. Understanding which part of Summit you live in can make a meaningful difference to your annual tax bill.
Summit homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before August 3, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Summit, Pike County, Mississippi
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 Summit's effective property tax rate to other cities in Mississippi and the median property tax rates in Mississippi and the U.S.
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 Summit Tax Rate
2.03%
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 Pike County Tax Rate
1.97%
Median Effective Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Summit, Pike County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39666 | 0.89% | 1.18% | 2.03% | 2.07% | 2.61% |
Source: Ownwell
Property Tax Assessment Values Across Summit, Pike County, Mississippi
When examining property taxes in Summit, 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 Pike 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.
Assessment notices:
In Pike County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Summit.
For example, the median home price in Summit is $26,090, with tax bills ranging significantly across the county. 39666 has the highest median home price at $26,090.
Property Tax Assessment Values Across Summit, Pike County, Mississippi
Source: Ownwell
$13,420
$21,618
$29,815
Median Summit Market Value
$26,090
Median Pike County Market Value
$22,190
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Summit, Pike County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39666 | $1,513 | $6,675 | $26,090 | $78,285 | $163,502 |
Source: Ownwell
Property Tax Bills Across Summit, Pike County, Mississippi
Property tax bills in Summit are calculated by multiplying a home’s assessed value by the local tax rate, then applying any exemptions or adjustments that may reduce the final amount. The assessed value is based on the market value of the property, so changes in home value can directly affect what a homeowner owes each year. In Pike County, the median home price is $26,090, which helps explain why tax bills can vary widely from one property to another.
For many homeowners, the bill depends on how their property is assessed relative to others in the area. The 25th percentile tax bill is $118, while the 75th percentile is $1,097 and the 90th percentile reaches $2,165. The median tax bill is $390 in ZIP code 39666, showing that many residents pay well below the national median property tax bill of $2,400. Because property taxes are tied to assessed value, even small changes in valuation can have a meaningful impact on a homeowner’s annual costs.
Median Summit Tax Bill
$390
Median Pike County Tax Bill
$339
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Summit, Pike County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39666 | $29 | $118 | $390 | $1,097 | $2,165 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 3 |
Links | |
|---|---|
| Pike Tax Assessor | |
| Website | www.co.pike.ms.us |