Mount Airy, Georgia Property Taxes
The median property tax rate in MOUNT AIRY, GA is 0.92%, slightly lower than the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in MOUNT AIRY being $176,965, the typical annual property tax bill reaches $1,244, which is significantly below the national median of $2,690. Property taxes in MOUNT AIRY 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 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, understanding 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 0.92%, slightly below 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 areas in Georgia and the national median. For comparison, the zip code 30563 has both the highest and lowest median property tax rate of 0.92%. Understanding how these areas compare with Mount Airy provides valuable insights into the varying tax landscape across Habersham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mount Airy Tax Rate
0.92%
Average Habersham County Tax Rate
0.99%
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 | 0.33% | 0.61% | 0.92% | 1.04% | 1.04% |
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 Habersham 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. For instance, the median home price in Mount Airy is $176,965, with tax bills ranging from $509 at the 25th percentile to $2,574 at the 90th percentile. Understanding these valuation concepts helps property owners better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 30563, both at $1,244.
Average Mount Airy Assessed Value
$176,965
Average Habersham County Assessed Value
$168,150
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 | $20,615 | $88,558 | $176,965 | $228,402 | $304,075 |
Source: Ownwell
Property Tax Bills Across Mount Airy, Georgia
In Mount Airy, located in Habersham County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county tax assessor. The assessed value is a percentage of the property's market value. Homeowners in Mount Airy typically see a range of property tax bills. For instance, the tax bill at the 25th percentile is $509, while at the 75th percentile, it reaches $1955. The tax bill at the 90th percentile can go up to $2574. These figures are influenced by various factors, including the property's assessed value, local tax rates, and any applicable exemptions. The median home price in Mount Airy is $176,965, which provides a benchmark for understanding how these tax bills compare to the national median property tax rate of 0.99%. For homeowners, these property taxes can significantly impact annual expenses, making it crucial to understand the factors that influence their tax bills and explore potential exemptions to reduce their financial burden.
Average Mount Airy Tax Bill
$1,244
Average Habersham County Tax Bill
$1,201
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 | $105 | $509 | $1,244 | $1,955 | $2,574 |
Source: Ownwell