Meigs, Colquitt County, Georgia Property Taxes

Name: Property Tax Bills Across Meigs, Colquitt County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Meigs, GA effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Meigs, GA home value: $109,172
Median annual Meigs, GA tax bill: $893, $1,507 lower than the national median property tax bill of $2,400.

How are property taxes in Colquitt calculated?

Property taxes in Meigs, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Meigs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Meigs, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Meigs, Colquitt County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.84%

Estimate Property Tax Bill

$917

$851

Ownwell’s Meigs Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Meigs with just two data points. By entering your property's estimated assessed value, our calculator applies Meigs’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Colquitt County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Meigs, Colquitt County, Georgia

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total assessed value of all taxable property in their jurisdiction. This calculation establishes the property tax rate. While setting tax rates and budgets involves votes and legislation, this is the process in essence.

In Meigs, located in Thomas County, GA, the effective property tax rate is 1.02%. This rate aligns with the national median property tax rate, offering a benchmark for comparison. It's noteworthy that Georgia's median property tax rate is 0.83%, which is slightly below the national median. This comparison highlights Meigs' alignment with broader national trends, despite the state's overall lower rate.

Understanding how Meigs' tax rate compares to both state and national medians provides valuable insight for property owners. It underscores the importance of staying informed about local tax rates, which directly impact property tax bills. By keeping abreast of these rates, property owners can make informed decisions about appealing property taxes or seeking exemptions.

Property Tax Rates Across Meigs, Colquitt County, Georgia

Source: Ownwell

0.73%

0.94%

1.15%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Meigs Tax Rate

0.84%

Median Effective Colquitt County Tax Rate

0.91%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Meigs, Colquitt County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
31765	0.53%	0.78%	0.84%	0.89%	1.00%

Source: Ownwell

Property Tax Assessment Values Across Meigs, Colquitt County, Georgia

When examining property taxes in Meigs, GA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Colquitt County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Colquitt County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Meigs. For example, the median home price in Meigs is $109,172, with tax bills ranging significantly across the county. Zip code 31765 has the highest median home price at $109,172.

Property Tax Assessment Values Across Meigs, Colquitt County, Georgia

Source: Ownwell

$33,824

$100,155

$166,486

Median Meigs Market Value

$109,172

Median Colquitt County Market Value

$87,526

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Meigs, Colquitt County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
31765	$38,171	$64,199	$109,172	$200,853	$345,527

Source: Ownwell

Property Tax Bills Across Meigs, Colquitt County, Georgia

In Meigs, located in Colquitt County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price here is $109,172. Tax bills can vary significantly, with the 25th percentile at $562 and the 75th percentile at $1,531. The 90th percentile tax bill reaches $2,633, highlighting the potential burden on homeowners. Despite these variations, the median tax bill in Meigs is $893, which is lower than the national median of $2,400. This relatively low tax bill can still impact homeowners, especially if property values increase or personal financial situations change. Ownwell can assist homeowners in Meigs by reviewing their property assessments and identifying possible discrepancies or opportunities for exemptions. By appealing the assessed value, Ownwell helps ensure that homeowners pay only their fair share, potentially saving them significant amounts on their property tax bills.

Property Tax Bills Across Meigs, Colquitt County, Georgia

Source: Ownwell

$410

$949

$1,487

Median Meigs Tax Bill

$893

Median Colquitt County Tax Bill

$845

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Meigs, Colquitt County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
31765	$313	$562	$893	$1,531	$2,633

Source: Ownwell