Ellijay, Georgia Property Taxes
The median property tax rate in Ellijay, GA is 0.96%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Ellijay at $169,300, the typical annual property tax bill is approximately $1,625, which is notably lower than the national median of $2,690. Property taxes in Ellijay are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Ellijay'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 Ellijay or another part of Murray County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ellijay, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$1,625
$1,508
Ownwell’s Ellijay Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellijay with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellijay 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 Ellijay, Georgia
Property taxes in Ellijay, Georgia, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellijay is 0.96%, which is slightly below the U.S. national median of 0.99%. Local government entities within Ellijay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellijay 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 Ellijay's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 30540 has the highest median property tax rate of 0.96%, while the zip code 30536 has the lowest median tax rate of 0.96%. Understanding how these areas compare with Ellijay provides valuable insights into the varying tax landscape across Murray County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellijay Tax Rate
0.96%
Average Murray County Tax Rate
0.96%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
| 30540 | 0.96% | 0.96% | 0.96% | 0.96% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Ellijay, Georgia
In Ellijay, 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 Murray 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. Assessment notices in Ellijay 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 Ellijay helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Ellijay is $1,639 in the 30540 zip code, while the lowest is $1,553 in the 30536 zip code.
Average Ellijay Assessed Value
$169,300
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 Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | $161,800 | $161,800 | $161,800 | $161,800 | $161,800 |
| 30540 | $89,440 | $117,600 | $170,800 | $232,600 | $308,520 |
Source: Ownwell
Property Tax Bills Across Ellijay, Georgia
In Ellijay, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is a percentage of the property's market value, and the tax rate is applied to this assessed value to determine the annual tax bill. For instance, the median home price in Ellijay is $169,300. Property tax bills can vary significantly, with the 25th percentile tax bill at $1,096 and the 75th percentile at $2,219, indicating a broad range of tax liabilities depending on the specific property and its assessed value. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Homeowners in Ellijay's highest taxed zip code, 30540, face a median tax bill of $1,639, while those in the lowest taxed zip code, 30536, have a median bill of $1,553. These property taxes play a crucial role in funding local services, but they also impact homeowners' financial planning and overall cost of living in the area.
Average Ellijay Tax Bill
$1,625
Average Murray County Tax Bill
$1,415
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellijay, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30536 | $1,553 | $1,553 | $1,553 | $1,553 | $1,553 |
| 30540 | $650 | $1,085 | $1,639 | $2,232 | $2,961 |
Source: Ownwell