Meansville, Georgia Property Taxes
The median property tax rate in Meansville, GA is 1.20%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Meansville at $152,531, the typical annual property tax bill reaches $1,796, which is below the national median of $2,690. Property taxes in Meansville 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 Meansville'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 Meansville or another part of Pike County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Meansville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,830
$1,699
Ownwell’s Meansville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Meansville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Meansville 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 Meansville, Georgia
Property taxes in Meansville, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Meansville is 1.20%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Meansville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Meansville 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 Meansville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30256 zip code has the highest median property tax rate of 1.20%, while the 30256 zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Meansville provides valuable insights into the varying tax landscape across Pike County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Meansville Tax Rate
1.20%
Average Pike County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Meansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30256 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Meansville, Georgia
In Meansville, 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 Pike 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 Meansville, 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 Meansville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 30256 has the highest and lowest median tax bill at $1,796.
Average Meansville Assessed Value
$152,531
Average Pike County Assessed Value
$183,516
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Meansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30256 | $54,182 | $84,802 | $152,531 | $241,374 | $326,857 |
Source: Ownwell
Property Tax Bills Across Meansville, Georgia
In Meansville, Pike County, GA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the home's market value, which in Meansville has a median price of $152,531. Local tax authorities then apply the relevant tax rate to this assessed value to determine the annual tax bill. Factors that influence the tax bill include the property's location, size, and any applicable exemptions or deductions. For instance, homeowners in Meansville might see tax bills ranging from $1,000 at the 25th percentile to $3,852 at the 90th percentile. The median tax bill in the area is $1,796, which is lower than the national median property tax rate of 0.99%. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Understanding these factors can help homeowners anticipate and manage their annual property tax obligations effectively.
Average Meansville Tax Bill
$1,796
Average Pike County Tax Bill
$2,220
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Meansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30256 | $644 | $1,000 | $1,796 | $2,844 | $3,852 |
Source: Ownwell