Mitchell, Georgia Property Taxes
The median property tax rate in Mitchell, GA is 1.20%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Mitchell at $105,368, the typical annual property tax bill reaches $1,093, which is below the national median of $2,690. Property taxes in Mitchell 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 Mitchell'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 Mitchell 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
Mitchell, 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 Mitchell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mitchell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mitchell 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 Mitchell, Georgia
Property taxes in Mitchell, Georgia, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Mitchell stands at 1.20%, which is higher than the U.S. national median of 0.99%. Local government entities in Mitchell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mitchell 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 Mitchell's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30820 has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these areas compare with Mitchell provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mitchell Tax Rate
1.20%
Average Washington County Tax Rate
1.17%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mitchell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30820 | 0.71% | 0.92% | 1.20% | 1.26% | 1.41% |
Source: Ownwell
Property Tax Assessment Values Across Mitchell, Georgia
In Mitchell, 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 Washington 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 Mitchell, 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 Mitchell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Mitchell is $105,368, with tax bills ranging from $566 at the 25th percentile to $2,631 at the 90th percentile. The highest and lowest median tax bills are both $1,093, found in the 30820 zip code.
Average Mitchell Assessed Value
$105,368
Average Washington County Assessed Value
$72,145
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mitchell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30820 | $33,011 | $65,217 | $105,368 | $143,447 | $224,637 |
Source: Ownwell
Property Tax Bills Across Mitchell, Georgia
In Mitchell, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is a percentage of your home's market value, which is determined by the county assessor. For example, with a median home price of $105,368, the assessed value would be a fraction of this amount. The local tax rate is then applied to the assessed value to determine the tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Mitchell can expect a range of tax bills, with the 25th percentile at $566 and the 75th percentile at $1,664. The 90th percentile tax bill can reach up to $2,631, indicating a significant variation based on property characteristics. These property taxes fund essential community services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Mitchell's rates and tax bills reflect the local economic landscape and property values, impacting homeowners differently based on their specific property assessments.
Average Mitchell Tax Bill
$1,093
Average Washington County Tax Bill
$762
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Mitchell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30820 | $325 | $566 | $1,093 | $1,664 | $2,631 |
Source: Ownwell