Morris, Randolph County, Georgia Property Taxes
The median property tax rate in Morris, GA is 1.37%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Morris, the typical annual property tax bill reaches $809, which is significantly lower than the national median of $2,690. Property taxes in Morris 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 Morris'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 Morris 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
Morris, Randolph County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$965
$896
Ownwell’s Morris Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Morris with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Morris 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 Morris, Randolph County, Georgia
Property taxes in Morris, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Morris is 1.37%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Morris set these rates annually, and they can vary significantly across different neighborhoods. Each year, Morris 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 Morris's effective property tax rate to other counties in Georgia and the national median. For comparison, the 39867 zip code has both the highest and the lowest median property tax rate of 1.37%. Understanding how these areas compare with Morris provides valuable insights into the varying tax landscape across Randolph County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Morris Tax Rate
1.37%
Average Randolph County Tax Rate
1.42%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Morris, Randolph County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39867 | 0.68% | 0.88% | 1.37% | 1.42% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Morris, Randolph County, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Morris, Georgia. The market value represents 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 Randolph 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 Morris, 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 Morris helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 39867 has both the highest and lowest median tax bills at $809, providing a unique insight into the local tax landscape.
Property Tax Assessment Values Across Morris, Randolph County, Georgia
Source: Ownwell
$70,300
$79,343
$88,385
Average Morris Assessed Value
$70,440
Average Randolph County Assessed Value
$74,384
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Morris, Randolph County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39867 | $11,000 | $24,736 | $70,440 | $137,980 | $203,038 |
Source: Ownwell
Property Tax Bills Across Morris, Randolph County, Georgia
In Morris, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. The assessed value is a percentage of your home's market value. Factors such as recent sales of similar properties, improvements made to the home, and overall market conditions are considered. Once the assessed value is established, it's multiplied by the local tax rate to determine the tax bill. For homeowners in Morris, the tax burden can vary significantly. The 25th percentile tax bill is $319, while the 75th percentile reaches $1,667, and the 90th percentile goes up to $2,472. Compared to the national median property tax rate of 0.99%, Morris has a unique landscape for property taxes. Homeowners need to be aware of these variations, as they can impact household budgets and long-term financial planning. Understanding how these factors influence your tax bill can help you better manage your property expenses.
Average Morris Tax Bill
$809
Average Randolph County Tax Bill
$899
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Morris, Randolph County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39867 | $122 | $319 | $809 | $1,667 | $2,472 |
Source: Ownwell