Mc Intyre, Georgia Property Taxes
The median property tax rate in Mc Intyre, GA is 1.29%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Mc Intyre, the typical annual property tax bill reaches $662, which is lower than the national median of $2,690. Property taxes in Mc Intyre are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Mc Intyre'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 Mc Intyre or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mc Intyre, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$749
$728
Ownwell’s MC INTYRE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MC INTYRE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MC INTYRE 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 Mc Intyre, Georgia
Property taxes in MC INTYRE, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in MC INTYRE is 1.29%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within MC INTYRE set these rates annually, and they can vary significantly across different neighborhoods. Each year, MC INTYRE 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 MC INTYRE's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31054 zip code has both the highest and lowest median property tax rate of 1.29%. Understanding how these cities compare with MC INTYRE provides valuable insights into the varying tax landscape across Wilkinson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mc Intyre Tax Rate
1.29%
Average Wilkinson County Tax Rate
1.36%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mc Intyre, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31054 | 0.55% | 0.93% | 1.29% | 1.38% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Mc Intyre, Georgia
In McIntyre, 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 Wilkinson 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 McIntyre, 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. For instance, the highest median tax bill in McIntyre is $662.00 in the 31054 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mc Intyre Assessed Value
$58,089
Average Wilkinson County Assessed Value
$56,049
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mc Intyre, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31054 | $18,040 | $32,170 | $58,089 | $99,574 | $161,739 |
Source: Ownwell
Property Tax Bills Across Mc Intyre, Georgia
In MC INTYRE, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The county's tax rate is then applied to this assessed value to determine the tax bill. Homeowners in MC INTYRE can expect their tax bills to vary significantly depending on the value of their property. For instance, the 25th percentile tax bill is around $329, while the 75th percentile tax bill reaches approximately $1,195. At the 90th percentile, homeowners might see tax bills as high as $1,959. The median home price in MC INTYRE is $58,089, and the median property tax bill is $662, aligning with the national median property tax rate of 0.99%. These taxes fund essential local services such as schools, emergency services, and infrastructure maintenance. Understanding how property taxes are calculated can help homeowners in MC INTYRE budget more effectively and anticipate their annual financial obligations.
Average Mc Intyre Tax Bill
$662
Average Wilkinson County Tax Bill
$637
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Mc Intyre, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31054 | $146 | $329 | $662 | $1,195 | $1,959 |
Source: Ownwell