Meansville, Georgia Property Taxes
The median property tax rate in Meansville, GA is 1.06%, slightly higher than the national median of 0.99% but just below the Georgia state median of 1.08%. With the median home value in Meansville at $118,734, the typical annual property tax bill reaches $1,186, which is lower than the national median of $2,690. Property taxes in Meansville are calculated based on the tax assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. Understanding Meansville'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 Meansville or another part of Upson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Meansville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$1,259
$1,222
Ownwell’s Meansville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Meansville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Meansville 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 Meansville, Georgia
Property taxes in Meansville, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Meansville is 1.06%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Meansville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Meansville 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 Meansville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30256 zip code has the highest median property tax rate of 1.06%, while the 30256 zip code has the lowest median tax rate of 1.06%. Understanding how these cities compare with Meansville provides valuable insights into the varying tax landscape across Upson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Meansville Tax Rate
1.06%
Average Upson County Tax Rate
1.06%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Meansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30256 | 0.47% | 0.85% | 1.06% | 1.27% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Meansville, Georgia
In Meansville, 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 Upson County Tax Assessor 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 Meansville, 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. For example, the zip code with the highest median tax bill in Meansville is 30256, with a tax bill of $1,186. By being aware of these valuation processes, homeowners can identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Meansville Assessed Value
$118,734
Average Upson County Assessed Value
$90,355
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Meansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30256 | $41,770 | $59,894 | $118,734 | $218,111 | $290,962 |
Source: Ownwell
Property Tax Bills Across Meansville, Georgia
In Meansville, located in Upson County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Meansville is $118,734. Property taxes are determined by multiplying the assessed value by the local tax rate. For example, if the assessed value is set at 40% of the market value, a home valued at the median price would have an assessed value of $47,494. Factors such as the home's location within the county, any applicable exemptions, and local government budgets also influence the tax bill. Homeowners in Meansville can expect a range of property tax bills, with the 25th percentile being $557 and the 75th percentile reaching $2,437. The 90th percentile tax bill can go up to $3,312, indicating significant variability based on property value and other factors. Compared to the national median property tax rate of 0.99%, Meansville's property taxes can be relatively moderate, offering some relief to homeowners while still funding essential local services.
Average Meansville Tax Bill
$1,186
Average Upson County Tax Bill
$932
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Meansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30256 | $203 | $557 | $1,186 | $2,437 | $3,312 |
Source: Ownwell