Midville, Georgia Property Taxes
The median property tax rate in Midville, GA is 0.99%, aligning with the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $54,400 in Midville, the typical annual property tax bill stands at $408, significantly below the national median of $2,690. Property taxes in Midville are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Midville'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 Midville or another part of Jenkins County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Midville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$539
$523
Ownwell’s Midville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Midville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Midville 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 Midville, Georgia
Property taxes in Midville, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Midville is 0.99%, aligning with the U.S. national median of 0.99%. Local government entities within Midville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Midville 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 Midville's effective property tax rate to other areas in Jenkins County and the national median. For comparison, the 30441 zip code has both the highest and lowest median property tax rate of 0.99%. Understanding how these areas compare with Midville provides valuable insights into the varying tax landscape across Jenkins County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Midville Tax Rate
0.99%
Average Jenkins County Tax Rate
1.02%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Midville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30441 | 0.64% | 0.94% | 0.99% | 1.05% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Midville, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Midville, GA. 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 Jenkins 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 Midville, 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 Midville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Jenkins County is $408 in the 30441 zip code, while the lowest median tax bill is also $408 in the same zip code.
Average Midville Assessed Value
$54,400
Average Jenkins County Assessed Value
$55,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Midville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30441 | $15,714 | $22,145 | $54,400 | $109,900 | $168,320 |
Source: Ownwell
Property Tax Bills Across Midville, Georgia
Property tax bills in Midville, located in Jenkins County, GA, are calculated based on the assessed value of a property, which is typically a percentage of the market value. In this region, the median home price is $54,400. Local tax authorities apply a tax rate to this assessed value to determine the annual tax bill. For example, the 25th percentile of tax bills is around $215, while the 75th percentile reaches up to $1,117, and the 90th percentile can be as high as $1,624. Factors such as property location, home size, and improvements can significantly influence the assessed value and, consequently, the tax bill. Homeowners in Midville might notice that their property tax bills can vary widely within the same zip code, with the highest median tax bill recorded at $408 in zip code 30441. Compared to the national median property tax rate of 0.99%, Midville's property tax rates can offer a relatively affordable option for homeowners, impacting their overall cost of living and financial planning.
Average Midville Tax Bill
$408
Average Jenkins County Tax Bill
$562
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Midville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30441 | $118 | $215 | $408 | $1,117 | $1,624 |
Source: Ownwell