Comer, Madison County, Georgia Property Taxes
The median property tax rate in Comer, GA is 1.22%, which is higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value in Comer of $176,840, the typical annual property tax bill amounts to $2,365, slightly below the national median of $2,690. Property taxes in Comer are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Comer'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 Comer 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
Comer, Madison County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$2,157
$2,002
Ownwell’s Comer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Comer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Comer 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 Comer, Madison County, Georgia
Property taxes in Comer, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Comer is 1.22%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Comer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Comer 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 Comer's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30629 has both the highest and lowest median property tax rate of 1.22%. Understanding how these cities compare with Comer provides valuable insights into the varying tax landscape across Madison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Comer Tax Rate
1.22%
Average Madison County Tax Rate
1.22%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Comer, Madison County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30629 | 1.22% | 1.22% | 1.22% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Comer, Madison County, Georgia
In Comer, 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 Madison 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 Comer, 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 Comer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 30629 has both the highest and lowest median tax bill, at $2,365.
Property Tax Assessment Values Across Comer, Madison County, Georgia
Source: Ownwell
$104,107
$193,329
$282,550
Average Comer Assessed Value
$176,840
Average Madison County Assessed Value
$186,937
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Comer, Madison County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30629 | $43,746 | $88,340 | $176,840 | $270,475 | $403,623 |
Source: Ownwell
Property Tax Bills Across Comer, Madison County, Georgia
In Comer, located in Madison County, 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, if the median home price is $176,840, the assessed value might be a fraction of this amount, depending on local assessment rates. The tax rate is then applied to this assessed value to determine the tax bill. Homeowners in Comer can expect a range of property tax bills. At the 25th percentile, tax bills are around $1,213, while at the 75th percentile, they can reach $3,634. The highest tax bills, at the 90th percentile, can be as much as $5,125. The highest and lowest median tax bills in Comer are both recorded at $2,365. These property taxes fund essential local services such as schools, public safety, and infrastructure. Homeowners need to be aware of these costs as they can significantly impact their annual expenses and overall financial planning.
Average Comer Tax Bill
$2,365
Average Madison County Tax Bill
$2,406
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Comer, Madison County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30629 | $603 | $1,213 | $2,365 | $3,634 | $5,125 |
Source: Ownwell