Jackson, Georgia Property Taxes
The median property tax rate in Jackson, Georgia, is 1.27%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Jackson, the typical annual property tax bill reaches $2,219, which is below the national median of $2,690. Property taxes in Jackson are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Jackson'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 Jackson 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
Jackson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$2,277
$2,211
Ownwell's JACKSON Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in JACKSON with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in JACKSON to estimate your property tax bill. This valuable tool helps you understand potential tax liabilities. For those curious about trends on a neighborhood level, scrolling down reveals more localized information. Your property’s assessed value is determined by the county for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Jackson, Georgia
Property taxes in Jackson, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jackson stands at 1.27%, significantly higher than the U.S. national median of 0.99%. Local government entities within Jackson set these rates annually, and they can vary across different neighborhoods. Each year, Jackson 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 Jackson's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30233 has the highest median property tax rate of 1.27%, while the same zip code also has the lowest median tax rate of 1.27%. Understanding how these areas compare with Jackson provides valuable insights into the varying tax landscape across Lamar County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jackson Tax Rate
1.27%
Average Lamar County Tax Rate
1.27%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jackson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30233 | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Jackson, Georgia
In Jackson, 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 Lamar 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 Jackson, 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 Jackson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Jackson is $2,219 in the 30233 zip code, while the lowest median tax bill is also $2,219 in the same zip code.
Average Jackson Assessed Value
$179,260
Average Lamar County Assessed Value
$156,221
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jackson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30233 | $14,612 | $35,448 | $179,260 | $257,041 | $312,625 |
Source: Ownwell
Property Tax Bills Across Jackson, Georgia
In Jackson, property tax bills are calculated based on the assessed value of your home, which is derived from the market value. The assessed value is then multiplied by the local tax rate to determine your annual tax bill. Factors such as property size, location, and improvements play a significant role in determining the market value. For homeowners, this means that any changes in the real estate market or property enhancements can directly impact their tax bills. For instance, in Jackson, the median home price is $179,260. Tax bills can vary significantly, with the 25th percentile at $479 and the 75th percentile reaching $3,194. At the 90th percentile, homeowners might see tax bills as high as $3,933. Comparing this to the national median property tax rate of 0.99%, Jackson's property taxes can be quite variable. Homeowners in the 30233 ZIP code face a median tax bill of $2,219, reflecting the highest and lowest median tax bills in the area. This variability underscores the importance of understanding how local factors influence property tax calculations.
Average Jackson Tax Bill
$2,219
Average Lamar County Tax Bill
$2,035
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Jackson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30233 | $185 | $479 | $2,219 | $3,194 | $3,933 |
Source: Ownwell