Mount Zion, Georgia Property Taxes
The median property tax rate in Mount Zion, GA is 1.14%, which is considerably higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Mount Zion at $217,622, the typical annual property tax bill reaches $2,234, falling below the national median of $2,690. Property taxes in Mount Zion are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Mount Zion'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 Mount Zion 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
Mount Zion, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$2,481
$2,302
Ownwell’s MOUNT ZION Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in MOUNT ZION with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in MOUNT ZION 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 Mount Zion, Georgia
Property taxes in Mount Zion, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mount Zion is 1.14%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Mount Zion set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mount Zion 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 Mount Zion's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30150 zip code has the highest median property tax rate of 1.14%, while the same zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Mount Zion provides valuable insights into the varying tax landscape across Carroll County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mount Zion Tax Rate
1.14%
Average Carroll County Tax Rate
1.00%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mount Zion, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30150 | 1.03% | 1.07% | 1.14% | 1.21% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Mount Zion, Georgia
In Mount Zion, 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 Carroll 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 Mount Zion, 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 Mount Zion is $217,622, with tax bills ranging from $1,349 at the 25th percentile to $3,650 at the 90th percentile. The zip code 30150 has the highest and lowest median tax bill of $2,234. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mount Zion Assessed Value
$217,622
Average Carroll County Assessed Value
$185,559
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mount Zion, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30150 | $72,373 | $126,841 | $217,622 | $308,402 | $362,870 |
Source: Ownwell
Property Tax Bills Across Mount Zion, Georgia
In Mount Zion, Carroll 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. For example, with a median home price of $217,622, homeowners can expect varying tax bills. The 25th percentile tax bill is around $1,349, while the 75th percentile tax bill reaches $3,119, and the 90th percentile tax bill can go up to $3,650. Several factors influence the final tax bill, including property improvements, changes in market value, and local tax rates. Comparatively, the national median property tax rate is 0.99%, which can help homeowners gauge how their local rates stack up. For homeowners in Mount Zion, understanding these factors is crucial as it directly impacts their annual financial planning and overall cost of homeownership. Accurate assessments and staying informed about local tax rates can help homeowners manage their property tax obligations more effectively.
Average Mount Zion Tax Bill
$2,234
Average Carroll County Tax Bill
$1,516
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Mount Zion, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30150 | $818 | $1,349 | $2,234 | $3,119 | $3,650 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
---|---|
Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
Links |
---|