Axson, Georgia Property Taxes
The median property tax rate in Axson, GA is 0.60%, significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Axson, the typical annual property tax bill amounts to $551, which is well below the national median of $2,690. Property taxes in Axson 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 Axson'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 Axson or another part of Coffee County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Axson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$586
$544
Ownwell’s Axson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Axson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Axson 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 Axson, Georgia
Property taxes in Axson, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Axson is 0.60%, which is lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Axson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Axson 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 Axson's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 31624 has both the highest and lowest median property tax rate of 0.60%. Understanding how these areas compare with Axson provides valuable insights into the varying tax landscape across Coffee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Axson Tax Rate
0.60%
Average Coffee County Tax Rate
0.89%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Axson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31624 | 0.22% | 0.32% | 0.60% | 0.89% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Axson, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Axson, Georgia. The market value represents 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 Coffee 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 in Axson 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 Axson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Axson is $97,685, with the 25th percentile tax bill at $177 and the 75th percentile tax bill at $1,045. The highest and lowest median tax bills are both $551 in the 31624 zip code.
Average Axson Assessed Value
$97,685
Average Coffee County Assessed Value
$48,124
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Axson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31624 | $14,228 | $49,694 | $97,685 | $204,126 | $360,967 |
Source: Ownwell
Property Tax Bills Across Axson, Georgia
Property tax bills in Axson, located in Coffee County, GA, are calculated based on the assessed value of a property, which is typically a percentage of its market value. The county's tax assessor determines this assessed value, taking into account factors such as the property's location, size, and condition. Once the assessed value is established, the local tax rate, or millage rate, is applied to calculate the property tax owed. For homeowners in Axson, the median home price is $97,685, with property tax bills varying significantly. At the 25th percentile, the tax bill is around $177, while at the 75th percentile, it rises to $1,045. The highest observed median tax bill in the area is $551, which is notably lower than the national median property tax rate of 0.99%. These variations highlight how property taxes can impact homeowners differently, depending on their property's assessed value and the specific tax rate applied in their locality. Understanding these factors can help homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Axson Tax Bill
$551
Average Coffee County Tax Bill
$367
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Axson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31624 | $85 | $177 | $551 | $1,045 | $1,514 |
Source: Ownwell