Mershon, Pierce County, Georgia Property Taxes
The median property tax rate in Mershon, GA is 0.95%, slightly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Mershon, the typical annual property tax bill is $1,005, which is below the national median of $2,690. Property taxes in Mershon 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 Mershon'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 Mershon 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
Mershon, Pierce County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$1,071
$993
Ownwell’s Mershon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mershon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mershon 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 Mershon, Pierce County, Georgia
Property taxes in Mershon, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Mershon is 0.95%, which is slightly below the U.S. national median of 0.99%. Local government entities within Mershon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mershon 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 Mershon's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31551 in Pierce County has both the highest and lowest median property tax rate of 0.95%. Understanding how these areas compare with Mershon provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mershon Tax Rate
0.95%
Average Pierce County Tax Rate
1.08%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mershon, Pierce County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31551 | 0.50% | 0.71% | 0.95% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Mershon, Pierce County, Georgia
In Mershon, 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 Pierce 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 Mershon, 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 Mershon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Mershon is $112,689, with tax bills ranging from $496 at the 25th percentile to $2,579 at the 90th percentile. The zip code 31551 has the highest and lowest median tax bill at $1,005.
Property Tax Assessment Values Across Mershon, Pierce County, Georgia
Source: Ownwell
$89,410
$120,406
$151,402
Average Mershon Assessed Value
$112,689
Average Pierce County Assessed Value
$103,361
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mershon, Pierce County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31551 | $29,209 | $61,358 | $112,689 | $202,333 | $290,638 |
Source: Ownwell
Property Tax Bills Across Mershon, Pierce County, Georgia
In Mershon, located in Pierce County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is a percentage of the property's market value. Homeowners in Mershon can expect varying tax bills, influenced by the assessed value and local tax rates. The median home price in Mershon is $112,689. For many homeowners, this translates into tax bills that can range significantly. For instance, the 25th percentile tax bill is around $496, while the 75th percentile tax bill is approximately $1,724. At the higher end, the 90th percentile tax bill can reach up to $2,579. The highest and lowest median tax bills in the area are both $1,005, specifically for the zip code 31551. These property taxes fund essential public services such as schools, infrastructure, and emergency services. While Mershon’s property tax rate may vary, it is crucial for homeowners to understand how their tax bill is determined to manage their financial planning effectively.
Average Mershon Tax Bill
$1,005
Average Pierce County Tax Bill
$1,054
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Mershon, Pierce County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31551 | $266 | $496 | $1,005 | $1,724 | $2,579 |
Source: Ownwell