Axson, Georgia Property Taxes
The median property tax rate in Axson, GA is 1.22%, noticeably higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Axson at $48,710, the typical annual property tax bill amounts to $593, which is significantly lower than the national median of $2,690. Property taxes in Axson are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Axson's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Axson or another part of Atkinson County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Axson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$594
$577
Ownwell’s Axson Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Axson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Axson to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is the value assigned by Atkinson County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Axson, Georgia
Property taxes in Axson, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Axson is 1.22%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Axson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Axson estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Axson's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31624 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Axson provides valuable insights into the varying tax landscape across Atkinson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Axson Tax Rate
1.22%
Average Atkinson County Tax Rate
1.22%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Axson, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31624 | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Axson, Georgia
In Axson, Georgia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Atkinson County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Axson, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Axson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Axson is $593, found in the 31624 zip code, while the lowest median tax bill is also $593, in the same zip code.
Average Axson Assessed Value
$48,710
Average Atkinson County Assessed Value
$40,504
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Axson, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31624 | $12,209 | $25,114 | $48,710 | $102,830 | $170,825 |
Source: Ownwell
Property Tax Bills Across Axson, Georgia
In Axson, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the Atkinson County tax assessor. The assessed value is a percentage of the property's market value. This value is then multiplied by the local tax rate to determine the annual tax bill. For example, the median home price in Axson is $48,710, and property tax bills can range significantly. At the 25th percentile, homeowners might pay around $308, while at the 75th percentile, the tax bill could be as high as $1,222. At the 90th percentile, the bill can reach up to $2,072. These figures indicate that while Axson's property tax rates can vary, they are generally lower than the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable in Axson, but it also means that local governments may have less revenue for public services, which can affect community resources and infrastructure.
Average Axson Tax Bill
$593
Average Atkinson County Tax Bill
$591
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Axson, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31624 | $148 | $308 | $593 | $1,222 | $2,072 |
Source: Ownwell