Morrow, Georgia Property Taxes
The median property tax rate in Morrow, GA is 1.44%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Morrow at $178,850, the typical annual property tax bill reaches $2,551, which is below the national median of $2,690. Property taxes in Morrow 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 Morrow'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 Morrow 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
Morrow, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
$1,012
$1,148
Average Morrow, Georgia Tax Savings
Ownwell’s Morrow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Morrow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Morrow to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Morrow. 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 Morrow, Georgia
Property taxes in Morrow, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Morrow is 1.44%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Morrow set these rates annually, and they can vary significantly across different neighborhoods. Each year, Morrow 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 Morrow's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30260 zip code has the highest median property tax rate of 1.44%, while the same zip code also has the lowest median tax rate of 1.44%. Understanding how these cities compare with Morrow provides valuable insights into the varying tax landscape across Clayton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Morrow Tax Rate
1.44%
Average Clayton County Tax Rate
1.44%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Morrow, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30260 | 1.04% | 1.44% | 1.44% | 1.46% | 1.58% |
Source: Ownwell
$1,148
Average Morrow Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Morrow, Georgia
In Morrow, 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 Clayton 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 Morrow, 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 Morrow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $2551 in the 30260 zip code.
Average Morrow Assessed Value
$178,850
Average Clayton County Assessed Value
$203,200
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Morrow, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30260 | $117,600 | $146,300 | $178,850 | $215,425 | $274,000 |
Source: Ownwell
$1,148
Average Morrow Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Morrow, Georgia
In Morrow, Clayton County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the Clayton County tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Morrow face a median property tax rate that significantly impacts their annual expenses. For instance, the median home price in Morrow is $178,850, and property tax bills range from $2,033 at the 25th percentile to $3,995 at the 90th percentile. The highest and lowest median tax bills both stand at $2,551 in the 30260 zip code, reflecting a consistent tax burden across the area. Ownwell helps homeowners in Morrow reduce their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property's assessed value and comparing it with market trends, Ownwell identifies discrepancies and files appeals on your behalf. This can lead to substantial savings, ensuring you only pay your fair share of property taxes.
Average Morrow Tax Bill
$2,551
Average Clayton County Tax Bill
$2,787
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Morrow, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30260 | $1,264 | $2,033 | $2,551 | $3,114 | $3,995 |
Source: Ownwell
$1,148
Average Morrow Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 10 |
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Clayton Assessor's Office | |
| Website | publicaccess.claytoncountyga.gov |
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