Nelson, Georgia Property Taxes
The median property tax rate in Nelson, GA is 0.86%, lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Nelson, the typical annual property tax bill is $977, which is well below the national median of $2,690. Property taxes in Nelson are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Nelson'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 Nelson or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nelson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$979
$951
Ownwell’s Nelson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nelson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nelson 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 Nelson, Georgia
Property taxes in Nelson, Georgia, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Nelson is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities in Nelson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nelson 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 Nelson's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30151 has both the highest and lowest median property tax rate of 0.86%. Understanding how these cities compare with Nelson 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 Nelson Tax Rate
0.86%
Average Pickens County Tax Rate
0.81%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nelson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30151 | 0.86% | 0.86% | 0.86% | 0.86% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Nelson, Georgia
In Nelson, 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 Nelson, 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 Nelson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 30151, both at $977.
Average Nelson Assessed Value
$113,793
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 Nelson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30151 | $79,043 | $91,538 | $113,793 | $157,603 | $193,924 |
Source: Ownwell
Property Tax Bills Across Nelson, Georgia
In Nelson, located in Pickens County, GA, property tax bills are calculated based on the assessed value of the home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Nelson experience a range of property tax bills, with the 25th percentile paying around $786 and the 75th percentile seeing bills up to $1,353. At the 90th percentile, homeowners might pay as much as $1,665. Compared to the national median property tax rate of 0.99%, Nelson's property tax rates can be seen as relatively moderate. Factors influencing these tax bills include the property's assessed value, local tax rates, and any applicable exemptions. The median home price in Nelson stands at $113,793, which plays a significant role in determining the overall tax burden for homeowners. This system ensures that property taxes are proportional to the value of each home, impacting homeowners' annual financial planning and overall cost of living.
Average Nelson Tax Bill
$977
Average Pickens County Tax Bill
$1,802
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Nelson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30151 | $679 | $786 | $977 | $1,353 | $1,665 |
Source: Ownwell