Macon, Bibb County, Georgia Property Taxes
The median property tax rate in Macon, GA is 1.30%, 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 $1,434, which is below the national median of $2,690. Property taxes in Macon 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 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, Bibb County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.3%
Estimate Property Tax Bill
$1,461
$1,356
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, Bibb County, 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 1.30%, 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 areas in Bibb County and the national median. For comparison, the 31208 zip code has the highest median property tax rate of 2.33%, while the 31217 zip code has the lowest median tax rate of 1.13%. Understanding how these areas compare with Macon provides valuable insights into the varying tax landscape across Bibb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Macon Tax Rate
1.30%
Average Bibb County Tax Rate
1.30%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Macon, Bibb County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31201 | 0.89% | 1.06% | 1.26% | 1.47% | 1.70% |
| 31204 | 0.91% | 1.07% | 1.26% | 1.46% | 1.66% |
| 31206 | 0.83% | 1.00% | 1.16% | 1.29% | 1.44% |
| 31207 | N/A | N/A | N/A | N/A | N/A |
| 31208 | N/A | N/A | N/A | N/A | N/A |
| 31210 | 1.17% | 1.30% | 1.42% | 1.54% | 1.65% |
| 31211 | 1.02% | 1.13% | 1.36% | 1.54% | 1.64% |
| 31216 | 1.08% | 1.22% | 1.35% | 1.47% | 1.58% |
| 31217 | 0.88% | 0.98% | 1.13% | 1.32% | 1.50% |
| 31220 | 1.19% | 1.28% | 1.36% | 1.46% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Macon, Bibb County, 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 Bibb 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 Macon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the zip code 31207 has the highest median tax bill at $1,842,337, while the zip code 31206 has the lowest at $691. Understanding these variations can help homeowners make informed decisions about their property taxes.
Property Tax Assessment Values Across Macon, Bibb County, Georgia
Source: Ownwell
$61,842
$133,513
$205,183
Average Macon Assessed Value
$112,386
Average Bibb County Assessed Value
$116,188
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Macon, Bibb County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31201 | $20,018 | $39,509 | $71,400 | $147,512 | $266,319 |
| 31204 | $34,029 | $54,202 | $86,473 | $134,526 | $198,538 |
| 31206 | $28,802 | $43,466 | $61,842 | $84,061 | $117,027 |
| 31207 | N/A | N/A | N/A | N/A | N/A |
| 31208 | N/A | N/A | N/A | N/A | N/A |
| 31210 | $99,614 | $143,930 | $205,183 | $320,193 | $484,242 |
| 31211 | $51,956 | $71,823 | $98,966 | $135,278 | $190,666 |
| 31216 | $95,369 | $142,002 | $185,919 | $239,342 | $309,892 |
| 31217 | $25,144 | $42,998 | $64,878 | $96,394 | $134,519 |
| 31220 | $116,461 | $138,136 | $180,686 | $262,397 | $382,133 |
Source: Ownwell
Property Tax Bills Across Macon, Bibb County, Georgia
In Macon, located in Bibb County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the market value of the property. For example, if the median home price in Macon is $112,386, the assessed value will be a fraction of that amount, depending on local regulations. Tax rates, or millage rates, are applied to the assessed value to determine the annual tax bill. Various factors, such as property improvements and neighborhood developments, can influence the assessed value, thereby impacting the tax bill. Homeowners in Macon may experience a wide range of tax bills. For instance, the 25th percentile tax bill is around $693, while the 75th percentile reaches $2,616, and the 90th percentile can go up to $4,072. These property taxes fund local services such as schools, public safety, and infrastructure, making them a crucial element of community development. Comparatively, Macon's tax rates offer a diverse range of financial responsibilities for homeowners, reflecting the city's varying property values and community needs.
Average Macon Tax Bill
$1,434
Average Bibb County Tax Bill
$1,504
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Macon, Bibb County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31201 | $228 | $429 | $813 | $2,087 | $3,687 |
| 31204 | $374 | $582 | $1,044 | $1,907 | $2,889 |
| 31206 | $304 | $456 | $691 | $1,003 | $1,409 |
| 31207 | N/A | N/A | N/A | N/A | N/A |
| 31208 | N/A | N/A | N/A | N/A | N/A |
| 31210 | $1,278 | $2,060 | $2,917 | $4,518 | $6,706 |
| 31211 | $614 | $839 | $1,335 | $1,935 | $2,855 |
| 31216 | $1,076 | $1,801 | $2,418 | $3,132 | $4,188 |
| 31217 | $285 | $476 | $731 | $1,088 | $1,637 |
| 31220 | $1,538 | $1,863 | $2,443 | $3,566 | $5,376 |
Source: Ownwell