Morris, Clay County, Georgia Property Taxes
The median property tax rate in Morris, GA is 1.39%, significantly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $40,250 in Morris, the typical annual property tax bill amounts to $678, surpassing the national median of $2,690. Property taxes in Morris are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Morris's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Morris or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Morris, Clay County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$559
$519
Ownwell’s Morris Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Morris with just two simple inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Morris to provide an estimate of your property tax bill. This practical tool offers a clear understanding of potential tax liabilities. If you’re interested in seeing trends at 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, taking into account any exemptions that may apply.
Property Tax Rates Across Morris, Clay County, Georgia
Property taxes in Morris, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Morris is 1.39%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Morris set these rates annually, and they can vary significantly across different neighborhoods. Each year, Morris 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 Morris's effective property tax rate to other counties in Georgia and the national median. For comparison, the 39867 zip code has both the highest and lowest median property tax rate of 1.39%. Understanding how these areas compare with Morris provides valuable insights into the varying tax landscape across Clay County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Morris Tax Rate
1.39%
Average Clay County Tax Rate
1.36%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Morris, Clay County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39867 | 0.84% | 1.02% | 1.39% | 1.51% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Morris, Clay County, Georgia
In Morris, 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 Morris, 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 Morris helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Morris is $678 in the 39867 zip code, while the lowest median tax bill is also $678 in the same zip code.
Property Tax Assessment Values Across Morris, Clay County, Georgia
Source: Ownwell
$40,250
$89,760
$139,270
Average Morris Assessed Value
$40,250
Average Clay County Assessed Value
$52,657
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Morris, Clay County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39867 | $5,602 | $18,925 | $40,250 | $69,500 | $132,615 |
Source: Ownwell
Property Tax Bills Across Morris, Clay County, Georgia
In Morris, located in Clay County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For instance, with a median home price of $40,250, the assessed value is determined by local tax assessors. The property tax rate is then applied to this assessed value to calculate the tax bill. Several factors influence the final tax bill, including the home's market value, assessment ratio, and any applicable exemptions or deductions. Homeowners in Morris can expect varying tax bills depending on their property's assessed value. For example, tax bills in the 25th percentile are around $434, while those in the 75th percentile reach up to $965, and the 90th percentile can go as high as $1,411. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and public safety, ensuring that the community remains well-maintained and functional.
Average Morris Tax Bill
$678
Average Clay County Tax Bill
$826
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Morris, Clay County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39867 | $319 | $434 | $678 | $965 | $1,411 |
Source: Ownwell