Bay Springs, Smith County, Mississippi Property Taxes
Property Taxes in Bay Springs, Mississippi
Median Bay Springs, Mississippi effective property tax rate: 0.71%, significantly lower than the national median of 1.02%, and lower than the Mississippi state median of 1.35%.
Median Bay Springs, Mississippi home value: $77,410
Median annual Bay Springs, Mississippi tax bill: $581, lower than the national median property tax bill of $2,400.
How are property taxes in Smith calculated?
Property taxes in Bay Springs, 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 Bay Springs's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bay Springs, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bay Springs, Smith County, Mississippi Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.71%
Estimate Property Tax Bill
$550
$510
How Does the Bay Springs Property Tax Calculator Work?
Use this Bay Springs property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bay Springs's median effective tax rate of 0.71% — based on actual property records in Smith 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 Bay Springs'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 Bay Springs: rates range from 0.71% in 39422 to 0.71% in 39422, 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 Bay Springs.
About Bay Springs Property Taxes
About Property Taxes in Bay Springs, Smith, Mississippi
Bay Springs’ median effective property tax rate of 0.71% is lower than the Mississippi state median of 1.35% and lower than the national median of 1.02%. This rate reflects the Smith 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 Bay Springs. Homeowners in ZIP code 39422 carry a median effective rate of 0.71%, while those in 39422 pay 0.71%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Smith County. Understanding which part of Bay Springs you live in can make a meaningful difference to your annual tax bill.
Bay Springs homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the August 3, 2026 deadline each year.
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 Bay Springs, Smith 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 Bay Springs'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 Bay Springs Tax Rate
0.71%
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 Smith County Tax Rate
0.83%
Median Effective Mississippi Tax Rate
1.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bay Springs, Smith County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39422 | 0.28% | 0.61% | 0.71% | 1.54% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Bay Springs, Smith County, Mississippi
When examining property taxes in Bay Springs, 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 Smith County tax authority 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 Smith County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of July.
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. For Bay Springs, the median home price is $77,410, and the median tax bill is $581, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. The highest median home price is in 39422 at $77,410.
Property Tax Assessment Values Across Bay Springs, Smith County, Mississippi
Source: Ownwell
$52,125
$84,578
$117,030
Median Bay Springs Market Value
$77,410
Median Smith County Market Value
$64,600
Median Mississippi Market Value
$70,930
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bay Springs, Smith County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39422 | $30,205 | $47,382 | $77,410 | $121,700 | $183,375 |
Source: Ownwell
Property Tax Bills Across Bay Springs, Smith County, Mississippi
Bay Springs property tax bills are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value to determine the amount a homeowner owes each year. Factors such as the home’s value, the tax rate set by local governments, and any available exemptions all play a role in the final bill.
For homeowners in Bay Springs, the median home price is $77,410, and the median property tax bill is $581 in ZIP code 39422. That amount is well below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Bills can still vary widely, though, with the 25th percentile at $308, the 75th percentile at $1,131, and the 90th percentile at $1,771.
Because property taxes are tied to assessed value, a higher assessment can lead to a larger bill and a bigger impact on monthly housing costs.
Median Bay Springs Tax Bill
$581
Median Smith County Tax Bill
$567
Median Mississippi Tax Bill
$914
Median United States Tax Bill
$2,400
Property Tax Bills Across Bay Springs, Smith County, Mississippi
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39422 | $161 | $308 | $581 | $1,131 | $1,771 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 3 |
Links | |
|---|---|
| Smith Tax Assessor | |
| Website | www.deltacomputersystems.com |