Ellijay, Georgia Property Taxes
The median property tax rate in Ellijay, GA is 0.70%, considerably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Ellijay at $276,900, the typical annual property tax bill reaches $1,952, which is well below the national median of $2,690. Property taxes in Ellijay 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 Ellijay'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 Ellijay or another part of Gilmer County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ellijay, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$1,938
$1,883
Ownwell’s Ellijay Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellijay with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellijay 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 Ellijay, Georgia
Property taxes in Ellijay, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellijay is 0.70%, which is lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Ellijay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellijay 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 Ellijay's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30540 zip code has the highest median property tax rate of 0.70%, while the 30536 zip code has the lowest median tax rate of 0.70%. Understanding how these cities compare with Ellijay provides valuable insights into the varying tax landscape across Gilmer County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellijay Tax Rate
0.70%
Average Gilmer County Tax Rate
0.70%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
| 30540 | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Ellijay, Georgia
In Ellijay, 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 Gilmer 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 Ellijay, 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 Ellijay helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Ellijay is $2,104 in the 30536 zip code, while the lowest median tax bill is $1,870 in the 30540 zip code.
Average Ellijay Assessed Value
$276,900
Average Gilmer County Assessed Value
$279,580
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | $95,481 | $193,930 | $299,320 | $412,620 | $564,632 |
| 30540 | $52,532 | $151,652 | $264,550 | $372,822 | $490,470 |
Source: Ownwell
Property Tax Bills Across Ellijay, Georgia
Property tax bills in Ellijay, located in Gilmer County, GA, are calculated based on the assessed value of a property, which is a percentage of its market value. The county assessor determines this assessed value, and the tax rate is applied to this figure. The median home price in Ellijay is $276,900, and property tax rates in the area can vary, influencing the final tax bill for homeowners. Several factors impact the tax bill, including the property's assessed value, applicable exemptions, and the specific tax rate set by local authorities. In Ellijay, the 25th percentile tax bill is $1,171, while the 75th percentile tax bill is $2,717. For those in the 90th percentile, the tax bill can reach $3,625. The highest median tax bill in the area is $2,104 in the 30536 zip code, whereas the lowest is $1,870 in the 30540 zip code. Understanding these variables helps homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Ellijay Tax Bill
$1,952
Average Gilmer County Tax Bill
$1,970
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | $666 | $1,358 | $2,104 | $2,900 | $3,960 |
| 30540 | $371 | $1,081 | $1,870 | $2,635 | $3,471 |
Source: Ownwell