Musella, Georgia Property Taxes
The median property tax rate in Musella, GA is 1.45%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Musella, the typical annual property tax bill reaches $2,479, slightly below the national median of $2,690. Property taxes in Musella 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 Musella'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 Musella 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
Musella, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$2,641
$2,451
Ownwell’s Musella Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Musella with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Musella 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 Musella, Georgia
Property taxes in Musella, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Musella is 1.45%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Musella set these rates annually, and they can vary significantly across different neighborhoods. Each year, Musella 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 Musella's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31066 has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Musella 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 Musella Tax Rate
1.45%
Average Bibb County Tax Rate
1.30%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Musella, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31066 | 1.32% | 1.38% | 1.45% | 1.52% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Musella, Georgia
In Musella, 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. In Musella, 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. The median home price in Musella is $182,164, with tax bills ranging from $1,570 at the 25th percentile to $4,469 at the 90th percentile. The zip code 31066 has the highest and lowest median tax bill of $2,479, highlighting the variability within the area. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Musella Assessed Value
$182,164
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 Musella, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31066 | $77,042 | $110,314 | $182,164 | $288,475 | $294,602 |
Source: Ownwell
Property Tax Bills Across Musella, Georgia
In Musella, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate, applied to this assessed value, determines the final tax bill. Factors such as property location within Bibb County and any applicable exemptions also play a role. For example, with a median home price of $182,164, homeowners in Musella might see a range of tax bills. The 25th percentile tax bill is around $1,570, while the 75th percentile reaches $4,173, and the 90th percentile peaks at $4,469. The highest and lowest median tax bills in the area are both $2,479, which is notably higher than the national median property tax rate of 0.99%. These tax bills impact homeowners by influencing their overall cost of living and potentially affecting their ability to sell or refinance their homes. Understanding how these factors interplay helps homeowners better anticipate their financial obligations.
Average Musella Tax Bill
$2,479
Average Bibb County Tax Bill
$1,504
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Musella, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31066 | $1,353 | $1,570 | $2,479 | $4,173 | $4,469 |
Source: Ownwell