Ailey, Georgia Property Taxes
The median property tax rate in Ailey, GA is 1.15%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Ailey, the typical annual property tax bill reaches $1,028, exceeding the national median of $2,690. Property taxes in Ailey are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ailey'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 Ailey or another part of Montgomery County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ailey, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Ailey Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ailey with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ailey 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 Ailey, Georgia
Property taxes in Ailey, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ailey is 0.83%, which is lower than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Ailey set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ailey 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 Ailey's effective property tax rate to other counties in Georgia and the national median. For comparison, the highest median property tax rate in Montgomery County is 0.83% in the 30410 zip code, while the lowest median tax rate is also 0.83% in the same zip code. Understanding how these cities compare with Ailey provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ailey Tax Rate
1.15%
Average Montgomery County Tax Rate
1.16%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ailey, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30410 | 0.80% | 1.01% | 1.15% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Ailey, Georgia
In Ailey, 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 Montgomery 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 Ailey, 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 Ailey helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Ailey are both $1,028, found in zip code 30410.
Average Ailey Assessed Value
$97,930
Average Montgomery County Assessed Value
$76,171
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ailey, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30410 | $23,472 | $47,534 | $97,930 | $166,306 | $255,575 |
Source: Ownwell
Property Tax Bills Across Ailey, Georgia
In Ailey, located in Montgomery County, GA, property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. For example, a home with a median market price of $97,930 will have its assessed value calculated, and the property tax rate is then applied to this assessed value. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. Homeowners in Ailey can expect a range of property tax bills. At the 25th percentile, the tax bill is approximately $493, while at the 75th percentile, it is around $1,846. The 90th percentile sees tax bills as high as $2,873. These property tax bills contribute to local services such as schools, infrastructure, and emergency services, directly impacting homeowners by funding community amenities and public services. Compared to the national median property tax rate of 0.99%, Ailey's property tax rates reflect the local economic conditions and public service requirements.
Average Ailey Tax Bill
$1,028
Average Montgomery County Tax Bill
$816
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Ailey, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30410 | $224 | $493 | $1,028 | $1,846 | $2,873 |
Source: Ownwell