Murray County Property Taxes
The median property tax rate in Murray County is 0.96%, which is slightly lower than the national median of 0.99% and significantly below Georgia's state median of 1.08%. With a median home value of $151,210 in Murray County, the typical annual property tax bill is approximately $1,415, considerably less than the national median of $2,690. Property taxes in Murray County are determined based on the assessed value, which is often lower than the market value due to various exemptions like those for primary residences and agricultural properties. Understanding the specific property tax system in Murray County, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Chatsworth or another part of Murray County, gaining a thorough understanding of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Murray County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$1,452
$1,410
Ownwell’s Murray County Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Murray County using just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Murray County to provide an estimate of your property tax bill. This helps you understand potential tax liabilities and make informed decisions. For more localized insights, scroll down to explore trends at the city level. Your property’s assessed value is determined by the county and considers any exemptions you may have.
Property Tax Rates Across Murray County, Georgia
Property taxes in Murray County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Murray County is 0.96%, which is slightly below the U.S. national median of 0.99%. Local government entities within Murray County set these rates annually, and they can vary significantly between different areas within the county. Each year, Murray 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 Chatsworth has one of the higher property tax rates in Georgia at 0.96%, while the city of Resaca also has a rate of 0.96%. Analyzing how Murray County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Murray County Tax Rate
0.96%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Murray County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chatsworth | 0.96% | 0.96% | 0.96% | 0.96% | 1.10% |
| Cisco | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
| Crandall | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
| Dalton | 0.94% | 0.96% | 0.96% | 0.96% | 0.96% |
| Ellijay | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
| Resaca | 0.90% | 0.96% | 0.96% | 0.96% | 0.96% |
| Tennga | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Murray County, Georgia
In Murray 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 Murray 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 Murray 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. In Murray County, the highest median tax bill is found in Ellijay at $1,625, while the lowest is in Tennga at $653. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Murray County Assessed Value
$151,210
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Murray County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chatsworth | $33,747 | $71,988 | $156,835 | $212,975 | $295,000 |
| Cisco | $27,036 | $44,386 | $75,360 | $153,990 | $227,760 |
| Crandall | $32,556 | $63,900 | $133,795 | $216,500 | $323,180 |
| Dalton | $20,879 | $38,016 | $117,300 | $193,175 | $282,990 |
| Ellijay | $91,450 | $120,875 | $169,300 | $231,275 | $302,200 |
| Resaca | $30,739 | $47,495 | $112,400 | $194,055 | $306,400 |
| Tennga | $68,020 | $68,020 | $68,020 | $68,020 | $68,020 |
Source: Ownwell
Property Tax Bills Across Murray County, Georgia
In Murray County, GA, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Local tax authorities determine the assessed value and apply the local tax rate to this figure. The median home price in Murray County stands at $151,210, and the property tax rate is influenced by various factors, including local government budgets and public service funding needs. Homeowners in Murray County can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $578, while at the 75th percentile, it climbs to $2,103. At the 90th percentile, homeowners might see tax bills as high as $2,854. This variation can impact homeowners differently depending on their property's assessed value and the specific tax rate applied. Comparatively, Murray County's property tax rates are relatively low. For example, the highest median tax bill in the county is $1,625 in Ellijay, while the lowest is $653 in Tennga. This range underscores the variability in property tax obligations within the county.
Average Murray County Tax Bill
$1,415
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Murray County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chatsworth | $295 | $620 | $1,483 | $2,126 | $2,847 |
| Cisco | $232 | $400 | $714 | $1,454 | $2,175 |
| Crandall | $276 | $548 | $1,222 | $1,968 | $2,993 |
| Dalton | $194 | $325 | $1,056 | $1,798 | $2,522 |
| Ellijay | $672 | $1,096 | $1,625 | $2,219 | $2,900 |
| Resaca | $242 | $405 | $968 | $1,840 | $2,940 |
| Tennga | $653 | $653 | $653 | $653 | $653 |
Source: Ownwell