Meldrim, Effingham County, Georgia Property Taxes
Median Meldrim, GA effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Meldrim, GA home value: $111,137
Median annual Meldrim, GA tax bill: $1,226, $1,174 lower than the national median property tax bill of $2,400.
How are property taxes in Effingham County calculated?
Property taxes in Meldrim, 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 Meldrim’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Meldrim, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Meldrim, Effingham County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$1,189
$1,104
Property Tax Rates Across Meldrim, Effingham County, Georgia
Local government entities set tax rates, which can vary widely within a state. Why? Because each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Meldrim, located in Effingham County, Georgia, the effective property tax rate is a reflection of this process. Meldrim's rate stands at 1.07%, which is slightly above the national median property tax rate of 1.02%. This makes Meldrim's rate one of the highest in the state, as it matches both the highest and lowest median tax rates within the 31318 zip code. Comparing Meldrim's rate to the national median property tax bill of $2400, residents may find their tax obligations relatively higher. Understanding these rates helps property owners navigate their tax responsibilities and explore potential savings through appeals or exemptions.
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 Meldrim Tax Rate
1.07%
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 Effingham County Tax Rate
1.03%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Meldrim, Effingham County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31318 | 0.45% | 0.77% | 1.07% | 1.74% | 2.12% |
Source: Ownwell
Property Tax Assessment Values Across Meldrim, Effingham County, Georgia
When examining property taxes in Meldrim, 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 Effingham 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 Effingham County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Meldrim. For example, the median home price in Meldrim is $111,137, with tax bills ranging significantly across the county. Zip code 31318 has the highest median home price at $111,137.
Property Tax Assessment Values Across Meldrim, Effingham County, Georgia
Source: Ownwell
$94,633
$154,051
$213,469
Median Meldrim Market Value
$111,137
Median Effingham County Market Value
$198,122
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Meldrim, Effingham County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31318 | $41,364 | $71,171 | $111,137 | $154,432 | $227,608 |
Source: Ownwell
Property Tax Bills Across Meldrim, Effingham County, Georgia
Median Meldrim Tax Bill
$1,226
Median Effingham County Tax Bill
$1,958
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Meldrim, Effingham County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31318 | $394 | $615 | $1,226 | $1,924 | $2,508 |
Source: Ownwell