Baconton, Mitchell County, Georgia Property Taxes
Median Baconton, GA effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Baconton, GA home value: $62,110
Median annual Baconton, GA tax bill: $933, $1,467 lower than the national median property tax bill of $2,400.
How are property taxes in Mitchell County calculated?
Property taxes in Baconton, 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 Baconton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Baconton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Baconton, Mitchell County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.39%
Estimate Property Tax Bill
$863
$801
Property Tax Rates Across Baconton, Mitchell County, Georgia
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Baconton's effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S. Baconton, located in Mitchell County, has a median property tax rate of 1.39%, which is notably higher than the national median of 1.02%. This rate also represents both the highest and lowest median tax rate in the area, indicating a uniformity in tax rates within the zip code 31716. Homeowners in Baconton face a more significant property tax burden compared to the national average, which could impact decisions on property investments and homeownership in the region. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.
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 Baconton Tax Rate
1.39%
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 Mitchell County Tax Rate
1.39%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Baconton, Mitchell County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31716 | 1.39% | 1.39% | 1.39% | 1.83% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Baconton, Mitchell County, Georgia
When examining property taxes in Baconton, 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. Mitchell County 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.
In Mitchell County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Baconton.
For example, the median home price in Baconton is $62,110, with tax bills ranging significantly across the county. Zip code 31716 has the highest median home price at $62,110.
Property Tax Assessment Values Across Baconton, Mitchell County, Georgia
Source: Ownwell
$55,748
$90,047
$124,345
Median Baconton Market Value
$62,110
Median Mitchell County Market Value
$70,760
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Baconton, Mitchell County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31716 | $19,824 | $33,735 | $62,110 | $113,900 | $201,476 |
Source: Ownwell
Property Tax Bills Across Baconton, Mitchell County, Georgia
Property tax bills in Baconton, located in Mitchell County, GA, are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. In Baconton, the median tax bill is $933, which is below the national median of $2400. However, tax bills can vary significantly, with the 25th percentile at $509 and the 90th percentile reaching $2881. Factors influencing these variations include property size, location, and market conditions. For homeowners, these taxes represent a significant expense that can impact their financial planning.
Ownwell offers a solution by providing property tax appeal and exemption services. By reviewing the assessed value and market conditions, Ownwell can identify discrepancies and file appeals on behalf of homeowners. This process can lead to substantial savings, ensuring homeowners pay only their fair share. With Ownwell's expertise, Baconton homeowners can navigate the complexities of property taxes with confidence and potentially reduce their tax burden.
Median Baconton Tax Bill
$933
Median Mitchell County Tax Bill
$1,122
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Baconton, Mitchell County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31716 | $289 | $509 | $933 | $1,798 | $2,881 |
Source: Ownwell