Marshallville, Georgia Property Taxes
The median property tax rate in Marshallville, GA is 1.77%, significantly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Marshallville at $55,272, the typical annual property tax bill reaches $898, which is below the national median of $2,690. Property taxes in Marshallville 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 Marshallville'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 Marshallville 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
Marshallville, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Marshallville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marshallville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marshallville 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 Marshallville, Georgia
Property taxes in Marshallville, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marshallville is 1.77%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Marshallville set these rates annually, and they can vary across different neighborhoods. Each year, Marshallville 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 Marshallville's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31057 has the highest median property tax rate of 1.77%, while the same zip code also has the lowest median tax rate of 1.77%. Understanding how these cities compare with Marshallville 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 Marshallville Tax Rate
1.77%
Average Macon County Tax Rate
1.60%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marshallville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31057 | 1.16% | 1.16% | 1.77% | 1.77% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Marshallville, Georgia
In Marshallville, 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 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 Marshallville, 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 Marshallville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the highest median tax bill in the area is $898.00 in the 31057 zip code.
Average Marshallville Assessed Value
$55,272
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 Marshallville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31057 | $5,923 | $24,190 | $55,272 | $130,122 | $297,404 |
Source: Ownwell
Property Tax Bills Across Marshallville, Georgia
In Marshallville, located in Macon County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the tax bill. For instance, the median home price in Marshallville is $55,272. Homeowners in this area can expect their tax bills to vary significantly, with the 25th percentile at $403 and the 75th percentile reaching $1,992. At the high end, the 90th percentile tax bill can escalate to $4,166. These variations depend on several factors, including property size, location, and any applicable exemptions. The highest and lowest median tax bill in the city is $898, which is below the national median property tax rate of 0.99%. This relatively lower tax burden can be beneficial for homeowners, making Marshallville an attractive option for those looking to minimize their annual property tax expenses.
Average Marshallville Tax Bill
$898
Average Macon County Tax Bill
$732
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Marshallville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31057 | $103 | $403 | $898 | $1,992 | $4,166 |
Source: Ownwell