Box Springs, Georgia Property Taxes
The median property tax rate in Box Springs, GA is 0.90%, 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 $221,630 in Box Springs, the typical annual property tax bill is approximately $1,897, falling below the national median of $2,690. Property taxes in Box Springs are calculated based on the tax assessed value, which generally is lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding the property tax system in Box Springs, exploring available exemptions, and identifying opportunities for reductions can result in significant annual savings. Whether you're in the heart of Box Springs or another part of Muscogee County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Box Springs, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,995
$1,851
Ownwell’s Box Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Box Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Box Springs 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 Box Springs, Georgia
Property taxes in Box Springs, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Box Springs is 0.90%, slightly below the U.S. national median of 0.99%. Local government entities within Box Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Box Springs 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 Box Springs' effective property tax rate to other areas in Georgia and the national median. For comparison, the 31801 zip code has both the highest and lowest median property tax rate at 0.90%. Understanding how these areas compare with Box Springs provides valuable insights into the varying tax landscape across Muscogee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Box Springs Tax Rate
0.90%
Average Muscogee County Tax Rate
1.39%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Box Springs, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31801 | 0.26% | 0.41% | 0.90% | 1.28% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Box Springs, Georgia
In Box Springs, 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 Muscogee 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 Box Springs, 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 Box Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Box Springs is $221,630, with the 25th percentile tax bill at $857 and the 75th percentile at $2,642. The highest and lowest median tax bill is $1,897, both found in the 31801 zip code.
Average Box Springs Assessed Value
$221,630
Average Muscogee County Assessed Value
$109,920
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Box Springs, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31801 | $160,012 | $193,510 | $221,630 | $262,740 | $305,252 |
Source: Ownwell
Property Tax Bills Across Box Springs, Georgia
In Box Springs, property tax bills are calculated based on the assessed value of a home, which is determined by the Muscogee County tax assessor. The assessed value is a percentage of the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For instance, the median home price in Box Springs is $221,630. Property tax bills can vary significantly; homeowners in the 25th percentile pay around $857 annually, while those in the 75th percentile face bills of approximately $2,642. At the 90th percentile, the tax bill can reach up to $3,523. Compared to the national median property tax rate of 0.99%, Box Springs' rates can be relatively high, impacting homeowners' annual expenses. Understanding these factors is crucial for homeowners to budget effectively and anticipate their financial obligations. The highest and lowest median tax bills in the area are both $1,897, indicating some consistency in property tax assessments within the region.
Average Box Springs Tax Bill
$1,897
Average Muscogee County Tax Bill
$1,204
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Box Springs, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31801 | $555 | $857 | $1,897 | $2,642 | $3,523 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
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