Marble Hill, Georgia Property Taxes
The median property tax rate in Marble Hill, GA is 0.81%, which is notably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Marble Hill at $153,845, the typical annual property tax bill amounts to $1,245, falling below the national median of $2,690. Property taxes in Marble Hill are calculated based on the tax assessed value, which usually remains under the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Marble Hill's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Marble Hill or another part of Pickens County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Marble Hill, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$1,246
$1,210
Ownwell’s Marble Hill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marble Hill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marble Hill 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 Marble Hill, Georgia
Property taxes in Marble Hill, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marble Hill is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Marble Hill set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marble Hill 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 Marble Hill's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30148 has both the highest and lowest median property tax rate of 0.81%. Understanding how these areas compare with Marble Hill 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 Marble Hill 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 Marble Hill, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30148 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Marble Hill, Georgia
In Marble Hill, 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 Marble Hill, 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 Marble Hill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,245, found in the 30148 zip code.
Average Marble Hill Assessed Value
$153,845
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 Marble Hill, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30148 | $48,247 | $73,411 | $153,845 | $371,669 | $577,892 |
Source: Ownwell
Property Tax Bills Across Marble Hill, Georgia
In Marble Hill, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The median home price in Marble Hill is $153,845. Property tax rates can vary, but the median property tax rate in Pickens County is 0.81%, which is below the national median of 0.99%. This means that homeowners in Marble Hill generally pay less in property taxes compared to the national average. Several factors influence the final tax bill, including the assessed home value and the specific tax rate applied by local authorities. For instance, homeowners in the 25th percentile can expect a tax bill around $588, while those in the 75th percentile might see bills as high as $3,016. At the 90th percentile, tax bills can reach up to $4,601. The highest and lowest median tax bills in Marble Hill both stand at $1,245, indicating a relatively stable property tax environment. These tax bills significantly impact homeowners' annual expenses, influencing their overall financial planning.
Average Marble Hill Tax Bill
$1,245
Average Pickens County Tax Bill
$1,802
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Marble Hill, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30148 | $390 | $588 | $1,245 | $3,016 | $4,601 |
Source: Ownwell