Jackson, Georgia Property Taxes
The median property tax rate in Jackson, GA is 1.03%, slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $164,000 in Jackson, the typical annual property tax bill amounts to $1,596, which is below the national median of $2,690. Property taxes in Jackson are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Jackson'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 Jackson or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jackson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$1,689
$1,641
Ownwell’s JACKSON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in JACKSON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in JACKSON 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 Jackson, Georgia
Property taxes in Jackson, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jackson is 1.03%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Jackson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jackson 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 Jackson's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30233 zip code has both the highest and lowest median property tax rate of 1.03%. Understanding how these cities compare with Jackson provides valuable insights into the varying tax landscape across Newton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jackson Tax Rate
1.03%
Average Newton County Tax Rate
1.07%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30233 | 0.60% | 0.91% | 1.03% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Jackson, Georgia
In JACKSON, 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 Newton 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. 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 JACKSON helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both found in the 30233 zip code, each being $1,596.
Average Jackson Assessed Value
$164,000
Average Newton County Assessed Value
$206,600
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30233 | $119,600 | $151,000 | $164,000 | $194,600 | $237,280 |
Source: Ownwell
Property Tax Bills Across Jackson, Georgia
In Jackson, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the Newton County tax assessor. The assessed value typically represents a percentage of the property's market value. Homeowners in Jackson can expect their tax bills to vary depending on their property's assessed value and the local tax rate. For instance, the median home price in Jackson is $164,000. Property tax bills in the area range significantly, with the 25th percentile at $1,129 and the 75th percentile at $1,996, reflecting the variability in property values and tax rates. The highest median tax bill in Jackson is $1,596, and this is consistent across the zip code 30233. These figures show that while some homeowners may pay below the national median property tax rate of 0.99%, others might find themselves paying more, depending on their property's assessed value. Understanding these factors can help homeowners anticipate their tax obligations and plan accordingly.
Average Jackson Tax Bill
$1,596
Average Newton County Tax Bill
$2,153
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30233 | $909 | $1,129 | $1,596 | $1,996 | $2,572 |
Source: Ownwell