Millen, Georgia Property Taxes
The median property tax rate in Millen, GA is 0.84%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $160,325 in Millen, the typical annual property tax bill amounts to $1,349, which is below the national median of $2,690. Property taxes in Millen are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Millen’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 Millen 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
Millen, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$1,347
$1,250
Ownwell’s Millen Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Millen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Millen to provide an estimated property tax bill. This valuable 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, taking into account any applicable exemptions.
Property Tax Rates Across Millen, Georgia
Property taxes in Millen, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Millen is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Millen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Millen 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 Millen's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30442 zip code has both the highest and lowest median property tax rate of 0.84%. Understanding how these cities compare with Millen provides valuable insights into the varying tax landscape across Emanuel County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Millen Tax Rate
0.84%
Average Emanuel County Tax Rate
0.99%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Millen, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | 0.76% | 0.79% | 0.84% | 0.89% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Millen, Georgia
In Millen, 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 Emanuel 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 Millen, 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 Millen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills in Millen is 30442, with a median tax bill of $1,349.
Average Millen Assessed Value
$160,325
Average Emanuel County Assessed Value
$69,382
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Millen, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | $158,099 | $158,934 | $160,325 | $161,716 | $162,551 |
Source: Ownwell
Property Tax Bills Across Millen, Georgia
In Millen, Georgia, property tax bills are calculated based on the assessed value of a home, which is determined by the Emanuel County tax assessor. The assessed value is a percentage of the market value of the property, reflecting its worth in the current real estate market. Various factors such as property size, location, and improvements are considered to estimate this value accurately. Once the assessed value is determined, the local tax rate, or millage rate, is applied. This rate is set by local government authorities and can vary annually. Homeowners in Millen typically see property tax bills ranging from $1,262 at the 25th percentile to $1,487 at the 90th percentile. The median home price in Millen is $160,325, making the property tax rate relatively close to the national median of 0.99%. For homeowners, understanding these factors can help in budgeting for annual expenses and planning for any potential appeals or exemptions to reduce their tax burden.
Average Millen Tax Bill
$1,349
Average Emanuel County Tax Bill
$685
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Millen, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | $1,210 | $1,262 | $1,349 | $1,435 | $1,487 |
Source: Ownwell