Moultrie, Brooks County, Georgia Property Taxes
The median property tax rate in Moultrie, GA is 0.97%, slightly lower than the national median of 0.99% and significantly below Georgia's state median of 1.08%. With a median home value of $151,748 in Moultrie, the typical annual property tax bill amounts to $1,700, which is less than the national median of $2,690. Property taxes in Moultrie are calculated based on the tax assessed value, typically lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Moultrie'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 Moultrie 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
Moultrie, Brooks County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$1,472
$1,366
Ownwell’s Moultrie Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moultrie with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moultrie 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 Moultrie, Brooks County, Georgia
Property taxes in Moultrie, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moultrie is 0.97%, slightly lower than the U.S. national median of 0.99%. Local government entities within Moultrie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moultrie 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 Moultrie's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31788 has both the highest and lowest median property tax rate of 0.97%. Understanding how these cities compare with Moultrie provides valuable insights into the varying tax landscape across Brooks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moultrie Tax Rate
0.97%
Average Brooks County Tax Rate
1.04%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moultrie, Brooks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31788 | 0.87% | 0.88% | 0.97% | 1.06% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Moultrie, Brooks County, Georgia
In Moultrie, 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 local 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 Moultrie, 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 Moultrie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in Moultrie is 31788, with a median tax bill of $1,700.
Property Tax Assessment Values Across Moultrie, Brooks County, Georgia
Source: Ownwell
$82,340
$126,633
$170,925
Average Moultrie Assessed Value
$151,748
Average Brooks County Assessed Value
$119,130
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moultrie, Brooks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31788 | $87,685 | $97,734 | $151,748 | $503,915 | $579,565 |
Source: Ownwell
Property Tax Bills Across Moultrie, Brooks County, Georgia
In Moultrie, located in Brooks County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the home's location, size, and market conditions play a significant role in determining its assessed value. For homeowners in Moultrie, the median home price is $151,748. Property tax bills can vary widely; for instance, the 25th percentile tax bill is $989, while the 75th percentile reaches $4,510. At the 90th percentile, homeowners might see a tax bill as high as $5,990. Compared to the national median property tax rate of 0.99%, these figures reflect the local variations in property tax assessments and rates, impacting homeowners differently based on their property's assessed value and the specific rates applied within Brooks County. This variability can significantly influence household budgets, making it essential for homeowners to understand their specific tax liabilities.
Average Moultrie Tax Bill
$1,700
Average Brooks County Tax Bill
$1,212
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Moultrie, Brooks County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31788 | $752 | $989 | $1,700 | $4,510 | $5,990 |
Source: Ownwell