Morganton, Fannin County, Georgia Property Taxes
Median MORGANTON, GA effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median MORGANTON, GA home value: $306,240
Median annual MORGANTON, GA tax bill: $1,590, $810 lower than the national median property tax bill of $2,400.
How are property taxes in Fannin calculated?
Property taxes in MORGANTON, 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 MORGANTON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MORGANTON, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Morganton, Fannin County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$1,715
$1,591
Property Tax Rates Across Morganton, Fannin County, Georgia
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its 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. Below, you can compare Morganton’s effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S.
Morganton, located in Fannin County, has a property tax rate that mirrors the highest and lowest rates within the same zip code, reflecting a consistent approach to taxation in this area. When compared to the national median property tax rate of 1.02%, Morganton's rate is significantly lower, offering potential savings for property owners. Georgia's overall median property tax rate is also below the national average, making it an attractive option for those looking to minimize their property tax burden. This favorable rate environment could be a compelling reason for property owners to consider Morganton as a cost-effective place to live or invest.
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 Morganton Tax Rate
0.56%
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 Fannin County Tax Rate
0.56%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Morganton, Fannin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30560 | 0.41% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Morganton, Fannin County, Georgia
When examining property taxes in Morganton, 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 Fannin County Board of Assessors 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.
Assessment notices: In Fannin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Morganton.
For example, the median home price in Morganton is $306,240, with tax bills ranging significantly across the county. Zip code 30560 has the highest median home price at $306,240.
Property Tax Assessment Values Across Morganton, Fannin County, Georgia
Source: Ownwell
$171,175
$247,686
$324,196
Median Morganton Market Value
$306,240
Median Fannin County Market Value
$295,604
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Morganton, Fannin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30560 | $51,082 | $153,007 | $306,240 | $481,915 | $701,320 |
Source: Ownwell
Property Tax Bills Across Morganton, Fannin County, Georgia
Median Morganton Tax Bill
$1,590
Median Fannin County Tax Bill
$1,562
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Morganton, Fannin County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30560 | $240 | $726 | $1,590 | $2,550 | $3,689 |
Source: Ownwell