Moultrie, Georgia Property Taxes
The median property tax rate in Moultrie, GA is 0.96%, slightly below the national median of 0.99% and significantly lower than Georgia's state median of 1.08%. With a median home value of $87,523 in Moultrie, the typical annual property tax bill amounts to $872, well below the national median of $2,690. Property taxes in Moultrie are calculated based on the tax assessed value, which often falls below the market value due to 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 substantial annual savings. Whether you're in the heart of Moultrie or another part of Colquitt County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moultrie, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$840
$816
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, 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 0.96%, which is just below 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 areas in Colquitt County and the national median. For comparison, the zip code 31768 has the highest median property tax rate of 1.09%, while the zip code 31788 has the lowest median tax rate of 0.87%. Understanding how these areas compare with Moultrie provides valuable insights into the varying tax landscape across Colquitt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moultrie Tax Rate
0.96%
Average Colquitt County Tax Rate
0.91%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moultrie, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31768 | 0.73% | 0.83% | 1.09% | 1.27% | 1.31% |
| 31788 | 0.69% | 0.81% | 0.87% | 0.99% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Moultrie, 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 Colquitt 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 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. The median home price in Moultrie is $87,523, with the highest median tax bill being $1,045 in the 31788 zip code and the lowest median tax bill being $815 in the 31768 zip code. Being aware of these valuation processes in Moultrie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Moultrie Assessed Value
$87,523
Average Colquitt County Assessed Value
$87,526
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moultrie, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31768 | $23,357 | $40,817 | $78,281 | $155,850 | $267,071 |
| 31788 | $26,753 | $50,677 | $127,246 | $202,584 | $294,396 |
Source: Ownwell
Property Tax Bills Across Moultrie, Georgia
In Moultrie, Colquitt County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the home's market value, with various factors such as property size, location, and condition influencing this assessment. Homeowners in Moultrie typically see tax bills that vary significantly, reflecting differences in property values and assessments. The median home price in Moultrie is $87,523, and property tax bills can range widely. For instance, the tax bill at the 25th percentile is $433, while at the 75th percentile, it rises to $1,631. At the 90th percentile, homeowners might pay up to $2,510. The highest median tax bill in the area is $1,045 in the 31788 zip code, whereas the lowest is $815 in the 31768 zip code. These variations highlight the impact of property assessments on tax bills, influencing how much homeowners ultimately pay. Compared to the national median property tax rate of 0.99%, Moultrie's rates reflect its unique market conditions and assessment practices.
Average Moultrie Tax Bill
$872
Average Colquitt County Tax Bill
$845
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Moultrie, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31768 | $238 | $428 | $815 | $1,531 | $2,431 |
| 31788 | $216 | $447 | $1,045 | $1,848 | $2,685 |
Source: Ownwell