Commerce, Madison County, Georgia Property Taxes

Name: Property Tax Bills Across Commerce, Madison County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Commerce, GA effective property tax rate: 1.22%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%. Median Commerce, GA home value: $191,868. Median annual Commerce, GA tax bill: $2,419, $19 higher than the national median property tax bill of $2,400.

How are property taxes in Madison County calculated?

Property taxes in Commerce, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Commerce’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Commerce, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Commerce, Madison County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$2,341

$2,172

Ownwell’s Commerce Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Commerce with just two data points. By entering your property's estimated assessed value, our calculator applies Commerce’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Madison County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Commerce, Madison County, Georgia

Local government entities in Georgia, such as those in Commerce, Madison County, determine property tax rates, leading to significant variations across the state. Each year, counties estimate their budget needs for public services and divide this figure by the total value of taxable property in their jurisdiction, establishing the property tax rate. This process, though involving votes and legal frameworks, essentially boils down to this annual calculation. Commerce's effective property tax rate can be compared to other cities within Georgia and the broader national median. With Georgia's median property tax rate standing at 1.22%, it is notably higher than the national median of 1.02%. This reflects the diverse fiscal strategies employed by local governments to meet their budgetary requirements. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. By leveraging property tax appeal and exemption services, homeowners can potentially reduce their tax burden, aligning their obligations more closely with their property's assessed value.

Property Tax Rates Across Commerce, Madison County, Georgia

Source: Ownwell

1.22%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Commerce Tax Rate

1.22%

Median Effective Madison County Tax Rate

1.22%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Commerce, Madison County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
30530	1.22%	1.22%	1.22%	1.22%	1.22%

Source: Ownwell

Property Tax Assessment Values Across Commerce, Madison County, Georgia

When examining property taxes in Commerce, GA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Madison County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Madison County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Commerce. For example, the median home price in Commerce is $191,868, with tax bills ranging significantly across the county. 30530 has the highest median home price at $191,868.

Property Tax Assessment Values Across Commerce, Madison County, Georgia

Source: Ownwell

$104,107

$193,329

$282,550

Median Commerce Market Value

$191,868

Median Madison County Market Value

$186,937

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Commerce, Madison County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
30530	$47,589	$87,680	$191,868	$316,433	$458,075

Source: Ownwell

Property Tax Bills Across Commerce, Madison County, Georgia

In Commerce, located in Madison County, GA, property taxes are determined by the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the tax bill. For homeowners, this means that changes in the market value of their home or adjustments in the local tax rate can significantly impact their property tax bills. In Commerce, the median home price is $191,868, and the tax bills range from $1,216 at the 25th percentile to $5,614 at the 90th percentile. The median tax bill in the area is $2,419, which is slightly above the national median of $2,400. This illustrates how property taxes can vary widely even within a single city. Ownwell assists homeowners by identifying potential tax savings through appeals and exemptions, ensuring they are not overpaying. By leveraging expertise and local knowledge, Ownwell can help homeowners reduce their tax burden and achieve significant savings.

Property Tax Bills Across Commerce, Madison County, Georgia

Source: Ownwell

$1,334

$2,392

$3,450

Median Commerce Tax Bill

$2,419

Median Madison County Tax Bill

$2,406

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Commerce, Madison County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
30530	$651	$1,216	$2,419	$3,922	$5,614

Source: Ownwell