Perry, Georgia Property Taxes
The median property tax rate in Perry, GA is 1.16%, higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Perry at $41,536, the typical annual property tax bill is $481, which is significantly lower than the national median of $2,690. Property taxes in Perry are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Perry'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 Perry 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
Perry, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$482
$468
Ownwell’s Perry Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Perry with just two simple inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Perry to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. For those interested in more granular insights, additional localized information is available by scrolling down. Your property's assessed value is determined by the county for property tax purposes and takes into account any applicable exemptions.
Property Tax Rates Across Perry, Georgia
Property taxes in Perry, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Perry is 1.16%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Perry set these rates annually, and they can vary considerably across different neighborhoods. Each year, Perry 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 Perry's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31069 zip code has the highest median property tax rate of 1.16%, while the same 31069 zip code also has the lowest median tax rate of 1.16%. Understanding how these cities compare with Perry 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 Perry 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 Perry, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31069 | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Perry, Georgia
In Perry, 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 Perry, 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 Perry helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 31069 has the highest median tax bill at $481, which is also the lowest in the area.
Average Perry Assessed Value
$41,536
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 Perry, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31069 | $17,607 | $27,324 | $41,536 | $140,766 | $178,344 |
Source: Ownwell
Property Tax Bills Across Perry, Georgia
In Perry, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. For instance, with a median home price of $41,536, the assessed value is used to determine the tax bill. The local tax rate is then applied to this assessed value to calculate the annual property tax bill. Several factors influence the final tax amount, including property location, local government budgets, and any applicable exemptions or deductions. Homeowners in Perry can expect tax bills to vary significantly. For example, the 25th percentile tax bill is $317, while the 75th percentile tax bill is $1,632, and the 90th percentile tax bill reaches $2,067. These taxes fund essential community services such as schools, infrastructure, and emergency services, directly impacting the quality of life in Perry. Compared to the national median property tax rate of 0.99%, Perry's rates can offer some financial relief, making it a potentially more affordable option for homeowners.
Average Perry Tax Bill
$481
Average Macon County Tax Bill
$732
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Perry, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31069 | $204 | $317 | $481 | $1,632 | $2,067 |
Source: Ownwell