Ellijay, Georgia Property Taxes
The median property tax rate in Ellijay, GA is 0.81%, 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 $473,585 in Ellijay, the typical annual property tax bill amounts to $3,853, surpassing the national median of $2,690. Property taxes in Ellijay are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. Gaining a clear understanding of Ellijay's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether residing in the heart of Ellijay or other parts of the city, comprehending the local property tax system is advantageous for 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
0.81%
Estimate Property Tax Bill
$3,836
$3,726
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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellijay is 0.81%, which is lower than both the Georgia state median and 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 counties in Georgia and the national median. For comparison, the 30536 zip code has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Ellijay provides valuable insights into the varying tax landscape across Pickens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellijay Tax Rate
0.81%
Average Pickens County Tax Rate
0.81%
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 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
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 Pickens 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 Ellijay, 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 Ellijay helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $3,853 in zip code 30536, which can be compared to the national median property tax rate of 0.99%.
Average Ellijay Assessed Value
$473,585
Average Pickens County Assessed Value
$215,244
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 | $473,585 | $473,585 | $473,585 | $473,585 | $473,585 |
Source: Ownwell
Property Tax Bills Across Ellijay, Georgia
In Ellijay, located in Pickens County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Ellijay is $473,585. Property taxes are then determined by applying the local tax rate to the assessed value. In this region, the tax rate results in a median tax bill of $3,853, which is significantly higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the specific tax rate set by local authorities. High property taxes can impact homeowners by increasing the cost of homeownership, potentially affecting their financial planning and budgeting. In Ellijay, the tax bill remains consistent across various percentiles, suggesting a uniform application of the tax rate. This consistency can provide homeowners with a predictable annual expense, aiding in financial planning.
Average Ellijay Tax Bill
$3,853
Average Pickens County Tax Bill
$1,802
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 | $3,853 | $3,853 | $3,853 | $3,853 | $3,853 |
Source: Ownwell