Good Hope, Morgan County, Georgia Property Taxes
Median Good Hope, GA effective property tax rate: 0.98%, slightly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Good Hope, GA home value: $207,683
Median annual Good Hope, GA tax bill: $2,032, $368 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan calculated?
Property taxes in Good Hope, 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 Good Hope’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Good Hope, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Good Hope, Morgan County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$2,035
$1,889
Property Tax Rates Across Good Hope, Morgan County, Georgia
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is due to each county's annual process of estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Good Hope, located in Morgan County, Georgia, the effective property tax rate provides a point of comparison to other cities across the state and the nation. Georgia's median property tax rate is slightly below the national median of 1.02%. This means that property owners in Good Hope might experience a lower tax burden compared to other regions in the U.S., where property tax rates are higher. Understanding these rates can empower property owners to make informed decisions about appealing their property taxes or seeking exemptions. By comparing Good Hope's tax rate with state and national medians, homeowners can better assess their property tax obligations and potential savings.
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 Good Hope Tax Rate
0.98%
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 Morgan County Tax Rate
0.98%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Good Hope, Morgan County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30641 | 0.98% | 0.98% | 0.98% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Good Hope, Morgan County, Georgia
When examining property taxes in Good Hope, 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 Morgan 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.
In Morgan 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 Good Hope. For example, the median home price in Good Hope is $207,683, with tax bills ranging significantly across the county. Zip code 30641 has the highest median home price at $207,683.
Property Tax Assessment Values Across Good Hope, Morgan County, Georgia
Source: Ownwell
$176,431
$262,335
$348,239
Median Good Hope Market Value
$207,683
Median Morgan County Market Value
$223,250
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Good Hope, Morgan County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30641 | $67,858 | $114,411 | $207,683 | $317,727 | $456,229 |
Source: Ownwell
Property Tax Bills Across Good Hope, Morgan County, Georgia
In Good Hope, Morgan County, GA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value. Homeowners in Good Hope experience varying tax bills, with the 25th percentile at $1,090 and the 75th percentile reaching $3,083. The highest median tax bill in the area is $2,032, which is below the national median of $2,400. These figures illustrate how property tax rates can significantly impact homeowners' finances, especially when compared to the national median property tax rate of 1.02%.
Ownwell offers valuable assistance to homeowners looking to reduce their property tax bills. By providing expert property tax appeal services, Ownwell helps ensure that homeowners are not overpaying on their property taxes. This can lead to substantial savings, particularly for those in areas with higher tax bills. With Ownwell's support, homeowners can navigate the complexities of property tax assessments and potentially lower their annual expenses.
Median Good Hope Tax Bill
$2,032
Median Morgan County Tax Bill
$2,264
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Good Hope, Morgan County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30641 | $664 | $1,090 | $2,032 | $3,083 | $4,355 |
Source: Ownwell