Macon, Georgia Property Taxes
The median property tax rate in Macon, 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 Macon, the typical annual property tax bill reaches $1,246, exceeding the national median of $2,690. Property taxes in Macon are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Macon'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 Macon 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
Macon, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.44%
Estimate Property Tax Bill
$1,253
$1,217
Ownwell’s Macon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Macon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Macon 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 Macon, Georgia
Property taxes in Macon, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Macon is 1.44%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Macon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Macon 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 Macon's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31211 zip code has the highest median property tax rate of 1.44%, while the 31210 zip code has the lowest median tax rate of 1.44%. Understanding how these areas compare with Macon provides valuable insights into the varying tax landscape across Jones County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Macon Tax Rate
1.44%
Average Jones County Tax Rate
1.44%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Macon, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31210 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
31211 | 1.44% | 1.44% | 1.44% | 1.44% | 1.48% |
31217 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Macon, Georgia
In Macon, 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 local appraisal authority 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 Macon, 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 Macon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Macon is in the 31211 zip code at $1,444, while the lowest is in the 31217 zip code at $765.
Average Macon Assessed Value
$86,990
Average Jones County Assessed Value
$109,840
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Macon, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31210 | $36,571 | $57,485 | $92,342 | $127,198 | $148,112 |
31211 | $34,900 | $58,442 | $100,465 | $165,466 | $219,408 |
31217 | $21,204 | $34,668 | $53,184 | $120,656 | $167,677 |
Source: Ownwell
Property Tax Bills Across Macon, Georgia
In Macon, located in Jones County, GA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the property's market value, which is determined by the local tax assessor. Homeowners in Macon can expect their property tax bills to vary significantly. For instance, the median home price stands at $86,990, and tax bills can range from the 25th percentile at $659 to the 75th percentile at $2,159, with the 90th percentile reaching up to $3,043. These tax bills are influenced by factors such as property location, size, and any applicable exemptions. The highest median tax bill in Macon is $1,444 in the 31211 zip code, while the lowest is $765 in the 31217 zip code. Compared to the national median property tax rate of 0.99%, Macon's property tax rates can be relatively high, impacting homeowners' annual expenses. Understanding these factors helps homeowners better anticipate their property tax obligations and manage their finances accordingly.
Average Macon Tax Bill
$1,246
Average Jones County Tax Bill
$1,634
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Macon, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31210 | $526 | $827 | $1,329 | $1,831 | $2,132 |
31211 | $500 | $837 | $1,444 | $2,402 | $3,204 |
31217 | $306 | $499 | $765 | $1,731 | $2,379 |
Source: Ownwell