Ellijay, Georgia Property Taxes
The median property tax rate in Ellijay, GA is 0.63%, considerably lower than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Ellijay at $347,775, the typical annual property tax bill reaches $1,642, significantly below the national median of $2,690. Property taxes in Ellijay 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 Ellijay'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 Ellijay 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
Ellijay, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.63%
Estimate Property Tax Bill
$2,191
$2,033
Ownwell’s Ellijay Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellijay with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellijay 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 Ellijay, Georgia
Property taxes in Ellijay, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellijay is 0.63%, which is lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Ellijay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellijay 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 Ellijay's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30536 zip code has the highest median property tax rate of 0.63%, while the same zip code also has the lowest median tax rate of 0.63%. Understanding how these areas compare with Ellijay provides valuable insights into the varying tax landscape across Gilmer County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellijay Tax Rate
0.63%
Average Dawson County Tax Rate
0.60%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | 0.11% | 0.45% | 0.63% | 0.66% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Ellijay, Georgia
In Ellijay, 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 Ellijay, 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 Ellijay helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Ellijay is $1,642, found in the 30536 zip code, while the lowest is also $1,642 in the same zip code.
Average Ellijay Assessed Value
$347,775
Average Dawson County Assessed Value
$401,900
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | $161,320 | $226,615 | $347,775 | $562,150 | $677,624 |
Source: Ownwell
Property Tax Bills Across Ellijay, Georgia
In Ellijay, located in Gilmer County, GA, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. Homeowners in this area can expect a median home price of $347,775. The tax rate is applied to the assessed value to determine the annual tax bill. Factors such as property size, location, and improvements also influence the assessed value. For homeowners in Ellijay, the property tax bill can vary significantly. At the 25th percentile, homeowners might pay around $1,028, whereas those at the 75th percentile could see bills as high as $2,841. The top 10% of property tax bills can reach up to $4,472. The highest median tax bill in the area is $1,642, which is notably lower than the national median property tax rate of 0.99%. Understanding how these factors interplay helps homeowners anticipate their financial obligations and plan accordingly.
Average Ellijay Tax Bill
$1,642
Average Dawson County Tax Bill
$2,230
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | $369 | $1,028 | $1,642 | $2,841 | $4,472 |
Source: Ownwell