Juliette, Georgia Property Taxes
The median property tax rate in Juliette, GA is 0.85%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $147,650 in Juliette, the typical annual property tax bill amounts to $949, significantly below the national median of $2,690. Property taxes in Juliette are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Juliette's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Juliette or another part of Monroe County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Juliette, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$1,255
$1,219
Ownwell’s Juliette Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Juliette with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Juliette 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 Juliette, Georgia
Property taxes in Juliette, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Juliette is 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Juliette set these rates annually, and they can vary significantly across different neighborhoods. Each year, Juliette 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 Juliette's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31046 area has the same median property tax rate of 0.85%. Understanding how these cities compare with Juliette provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Juliette Tax Rate
0.85%
Average Monroe County Tax Rate
0.97%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Juliette, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31046 | 0.32% | 0.56% | 0.85% | 1.13% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Juliette, Georgia
In Juliette, 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 Monroe 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 Juliette, 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 Juliette helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Juliette is $147,650, with property tax bills ranging from $458 at the 25th percentile to $2,793 at the 90th percentile.
Average Juliette Assessed Value
$147,650
Average Monroe County Assessed Value
$140,730
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Juliette, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31046 | $21,540 | $71,825 | $147,650 | $229,375 | $340,550 |
Source: Ownwell
Property Tax Bills Across Juliette, Georgia
In Juliette, located in Monroe County, GA, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is typically a percentage of the property's market value. Factors such as property size, location, and improvements all contribute to this valuation. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. For homeowners in Juliette, the median home price is $147,650. Property tax bills can vary significantly, with the 25th percentile paying around $458, while those in the 75th percentile face bills of approximately $1,751. At the 90th percentile, tax bills can reach up to $2,793. The median tax bill stands at $949, which is below the national median property tax rate of 0.99%. These property tax costs can influence a homeowner’s budget and the overall affordability of living in Juliette, making it essential for residents to understand how their tax bill is calculated.
Average Juliette Tax Bill
$949
Average Monroe County Tax Bill
$933
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Juliette, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31046 | $162 | $458 | $949 | $1,751 | $2,793 |
Source: Ownwell