Milledgeville, Hancock County, Georgia Property Taxes

Name: Property Tax Bills Across Milledgeville, Hancock County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Milledgeville, GA effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Milledgeville, GA home value: $65,880
Median annual Milledgeville, GA tax bill: $826, $1,574 lower than the national median property tax bill of $2,400.

How are property taxes in Hancock County calculated?

Property taxes in Milledgeville, 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 Milledgeville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Milledgeville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Milledgeville, Hancock County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.28%

Estimate Property Tax Bill

$843

$783

Ownwell’s Milledgeville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Milledgeville with just two data points. By entering your property's estimated assessed value, our calculator applies Milledgeville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Hancock County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Milledgeville, Hancock County, Georgia

Local government entities set tax rates, which can vary widely within a state. This variation stems from the fact that each county annually estimates its required budget for 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 Milledgeville’s effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S. In Milledgeville, located in Hancock County, the property tax rate stands at 1.28%, which is above the national median property tax rate of 1.02%. This suggests that property owners in Milledgeville may face higher tax bills compared to many other parts of the country. Understanding these rates is crucial for property owners aiming to manage their tax liabilities effectively.

Property Tax Rates Across Milledgeville, Hancock County, Georgia

Source: Ownwell

1.28%

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 Milledgeville Tax Rate

1.28%

Median Effective Hancock County Tax Rate

1.28%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Milledgeville, Hancock County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
31061	1.28%	1.28%	1.28%	1.28%	1.28%

Source: Ownwell

Property Tax Assessment Values Across Milledgeville, Hancock County, Georgia

When examining property taxes in Milledgeville, 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 Hancock 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.

In Hancock 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 Milledgeville. For example, the median home price in Milledgeville is $65,880, with tax bills ranging significantly across the county. ZIP code 31061 has the highest median home price at $65,880.

Property Tax Assessment Values Across Milledgeville, Hancock County, Georgia

Source: Ownwell

$62,176

$68,721

$75,265

Median Milledgeville Market Value

$65,880

Median Hancock County Market Value

$69,124

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Milledgeville, Hancock County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
31061	$17,749	$31,788	$65,880	$125,864	$229,003

Source: Ownwell

Property Tax Bills Across Milledgeville, Hancock County, Georgia

In Milledgeville, located in Hancock County, GA, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value. Factors such as property location, size, and improvements can influence this assessed value. With a median home price of $65,880, property tax bills can vary significantly, ranging from the 25th percentile at $406 to the 90th percentile at $2,927. The median tax bill in the area is $826, which is considerably lower than the national median property tax bill of $2,400.

For homeowners, high property taxes can be a financial burden, affecting affordability and overall financial planning. This is where Ownwell steps in to assist. By offering property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills. Our expertise in navigating the complex property tax landscape ensures that homeowners pay only their fair share, providing significant savings and peace of mind.

Property Tax Bills Across Milledgeville, Hancock County, Georgia

Source: Ownwell

$795

$879

$962

Median Milledgeville Tax Bill

$826

Median Hancock County Tax Bill

$938

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Milledgeville, Hancock County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
31061	$227	$406	$826	$1,609	$2,927

Source: Ownwell