Byron, Georgia Property Taxes
The median property tax rate in Byron, GA is 1.20%, slightly higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Byron at $73,662, the typical annual property tax bill amounts to $885, which is lower than the national median of $2,690. Property taxes in Byron are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Byron'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 Byron 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
Byron, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$884
$820
Ownwell’s Byron Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Byron with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Byron 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 Byron, Georgia
Property taxes in Byron, Georgia, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Byron is 1.20%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Byron set these rates annually, and they can vary significantly across different neighborhoods. Each year, Byron 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 Byron's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31008 zip code has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Byron provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Byron Tax Rate
1.20%
Average Crawford County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Byron, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31008 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Byron, Georgia
In Byron, 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 Crawford 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 Byron, 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. Notably, the highest and lowest median tax bills in Byron are both $885, found in the 31008 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Byron Assessed Value
$73,662
Average Crawford County Assessed Value
$75,482
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Byron, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31008 | $31,279 | $45,847 | $73,662 | $154,190 | $217,500 |
Source: Ownwell
Property Tax Bills Across Byron, Georgia
Property tax bills in Byron, located in Crawford County, GA, are determined based on the assessed value of a property, which is a percentage of its market value. The local tax rate, or millage rate, is then applied to this assessed value to calculate the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in Byron, the median home price is $73,662. Property tax bills can vary significantly, with the 25th percentile at $551 and the 75th percentile at $1,849. At the 90th percentile, some homeowners might pay as much as $2,613 annually. The highest and lowest median tax bills in the area are both $885, indicating a consistent tax rate across different properties within the same zip code. Compared to the national median property tax rate of 0.99%, Byron's rates can be considered moderate. These taxes are essential for funding local services such as schools, emergency services, and infrastructure, directly impacting the quality of life for residents.
Average Byron Tax Bill
$885
Average Crawford County Tax Bill
$910
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Byron, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31008 | $376 | $551 | $885 | $1,849 | $2,613 |
Source: Ownwell