Mount Airy, Georgia Property Taxes
The median property tax rate in Mount Airy, GA is 1.12%, higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $128,186 in Mount Airy, the typical annual property tax bill is around $1,219, which is below the national median of $2,690. Property taxes in Mount Airy are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Mount Airy's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Mount Airy or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mount Airy, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Mount Airy Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mount Airy with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mount Airy to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Mount Airy, Georgia
Property taxes in Mount Airy, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mount Airy is 1.12%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Mount Airy set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mount Airy 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 Mount Airy's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30563 zip code has both the highest and lowest median property tax rate of 1.12%. Understanding how these cities compare with Mount Airy provides valuable insights into the varying tax landscape across Stephens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mount Airy Tax Rate
1.12%
Average Stephens County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mount Airy, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30563 | 0.69% | 0.99% | 1.12% | 1.17% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Mount Airy, Georgia
In Mount Airy, 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 Stephens 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 Mount Airy, 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 Mount Airy helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1219, found in zip code 30563.
Average Mount Airy Assessed Value
$128,186
Average Stephens County Assessed Value
$95,255
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mount Airy, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30563 | $33,665 | $58,472 | $128,186 | $194,776 | $268,626 |
Source: Ownwell
Property Tax Bills Across Mount Airy, Georgia
In Mount Airy, located in Stephens County, GA, property tax bills are determined by the assessed value of your home, which is a percentage of its market value. The local tax rate is then applied to this assessed value. For example, if your home has a median market value of $128,186, the assessed value would be a fraction of this amount, determined by local assessment ratios. The tax rate is then applied to calculate your annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Mount Airy can expect a wide range of tax bills. The 25th percentile of tax bills is around $432, while the 75th percentile reaches $2,275, and the 90th percentile can go as high as $3,199. This variability affects homeowners differently, making it crucial to understand how local assessments and tax rates apply to your specific property. Compared to the national median property tax rate of 0.99%, Mount Airy's tax rates can offer some relief or present a higher burden depending on individual circumstances.
Average Mount Airy Tax Bill
$1,219
Average Stephens County Tax Bill
$930
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Mount Airy, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30563 | $337 | $432 | $1,219 | $2,275 | $3,199 |
Source: Ownwell