Ellaville, Georgia Property Taxes
The median property tax rate in Ellaville, GA is 1.16%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Ellaville at $64,300, the typical annual property tax bill reaches $745, which is significantly lower than the national median of $2,690. Property taxes in Ellaville 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 Ellaville'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 Ellaville 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
Ellaville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$746
$692
Ownwell’s Ellaville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellaville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellaville 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 Ellaville, Georgia
Property taxes in Ellaville, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellaville is 1.16%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Ellaville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellaville 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 Ellaville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31806 zip code has the highest median property tax rate of 1.16%, while the 31806 zip code also has the lowest median tax rate of 1.16%. Understanding how these cities compare with Ellaville provides valuable insights into the varying tax landscape across Macon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellaville Tax Rate
1.16%
Average Macon County Tax Rate
1.60%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellaville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31806 | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Ellaville, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Ellaville, Georgia. 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 Macon 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 Ellaville, 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 Ellaville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 31806 at $745.00, which is also the lowest, highlighting a unique uniformity in tax bills across the area.
Average Ellaville Assessed Value
$64,300
Average Macon County Assessed Value
$51,453
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ellaville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31806 | $15,525 | $34,772 | $64,300 | $146,620 | $250,606 |
Source: Ownwell
Property Tax Bills Across Ellaville, Georgia
In Ellaville, located in Macon County, GA, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is typically a percentage of the market value, which is then multiplied by the millage rate set by local authorities. For example, a home with a median market price of $64,300 would have its assessed value calculated and then subjected to the local tax rate. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. Homeowners in Ellaville can expect property tax bills to vary significantly. The 25th percentile tax bill is around $403, while the 75th percentile reaches approximately $1,700. For those at the higher end, the 90th percentile tax bill can be as much as $2,905. These property taxes can impact homeowners by contributing to the overall cost of homeownership, influencing decisions on buying or selling property, and affecting long-term financial planning. Compared to the national median property tax rate of 0.99%, Ellaville's rates provide a useful benchmark for understanding local property tax obligations.
Average Ellaville Tax Bill
$745
Average Macon County Tax Bill
$732
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellaville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31806 | $180 | $403 | $745 | $1,700 | $2,905 |
Source: Ownwell