Marion County Property Taxes
The median property tax rate in Marion County is 0.94%, which is slightly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Marion County, the typical annual property tax bill reaches $727, significantly below the national median of $2,690. Property taxes in Marion County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like primary residence and agricultural exemptions. Understanding Marion County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Buena Vista or another part of Marion County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marion County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$714
$663
Ownwell’s Marion County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Marion County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Marion County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Marion County, Georgia
Property taxes in Marion County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Marion County is 0.94%, which is lower than the Georgia state median of 0.95% but still slightly below the U.S. national median of 0.99%. Local government entities within Marion County set these rates annually, and they can vary significantly between different areas within the county. Each year, Marion County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Richland has one of the higher property tax rates in Georgia at 0.95%, while the city of Cusseta boasts one of the lowest at 0.90%. Analyzing how Marion County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Marion County Tax Rate
0.94%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marion County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Box Springs | 0.69% | 0.83% | 0.91% | 0.95% | 0.95% |
Buena Vista | 0.69% | 0.86% | 0.95% | 0.95% | 1.71% |
Cusseta | 0.87% | 0.88% | 0.90% | 0.93% | 0.94% |
Mauk | 0.64% | 0.79% | 0.91% | 0.95% | 0.95% |
Richland | 0.95% | 0.95% | 0.95% | 0.95% | 0.95% |
Source: Ownwell
Property Tax Assessment Values Across Marion County, Georgia
In Marion County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Marion County Appraisal District. The assessed value, however, 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. Assessment notices in Marion County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Richland has the highest median tax bill at $3,586, while Mauk has the lowest at $548. Being aware of these valuation processes in Marion County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Marion County Assessed Value
$76,006
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marion County, Georgia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Box Springs | $24,877 | $39,702 | $66,621 | $135,711 | $200,125 |
Buena Vista | $24,959 | $43,794 | $84,640 | $150,577 | $235,877 |
Cusseta | $55,448 | $63,514 | $76,958 | $90,401 | $98,467 |
Mauk | $23,314 | $37,498 | $64,913 | $116,143 | $192,348 |
Richland | $378,012 | $378,012 | $378,012 | $378,012 | $378,012 |
Source: Ownwell
Property Tax Bills Across Marion County, Georgia
In Marion County, GA, property tax bills are calculated based on the assessed value of a property, which is determined by the county tax assessor. The assessed value is typically a percentage of the market value of the home. Homeowners in Marion County experience a range of property tax bills, with the 25th percentile paying around $372 and the 75th percentile paying up to $1,320. At the higher end, the 90th percentile sees tax bills reaching approximately $2,073. Several factors influence these tax bills, including the property's location, size, and condition, as well as any applicable exemptions. For example, properties in Richland face the highest median tax bill in the county at $3,586, while those in Mauk enjoy the lowest at $548. Compared to the national median property tax rate of 0.99%, Marion County's rates can vary significantly, impacting homeowners' financial planning and budgeting. Understanding these factors can help residents better anticipate their property tax obligations.
Average Marion County Tax Bill
$727
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Marion County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Box Springs | $165 | $322 | $577 | $1,173 | $1,806 |
Buena Vista | $220 | $431 | $866 | $1,450 | $2,292 |
Cusseta | $487 | $570 | $708 | $847 | $930 |
Mauk | $182 | $298 | $548 | $972 | $1,552 |
Richland | $3,586 | $3,586 | $3,586 | $3,586 | $3,586 |
Source: Ownwell