Mcdonough, Georgia Property Taxes
The median property tax rate in McDonough, GA is 1.51%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in McDonough at $242,000, the typical annual property tax bill reaches $3,644, exceeding the national median of $2,690. Property taxes in McDonough 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 McDonough'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 McDonough 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
Mcdonough, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.51%
Estimate Property Tax Bill
$3,654
$3,391
$1,148
Average Tax Savings
Ownwell’s McDonough Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in McDonough with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in McDonough to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in McDonough. 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 Mcdonough, Georgia
Property taxes in McDonough, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in McDonough is 1.51%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within McDonough set these rates annually, and they can vary significantly across different neighborhoods. Each year, McDonough 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 McDonough's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30252 zip code has the highest median property tax rate of 1.51%, while the 30252 zip code also has the lowest median tax rate of 1.51%. Understanding how these cities compare with McDonough provides valuable insights into the varying tax landscape across Rockdale County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mcdonough Tax Rate
1.51%
Average Rockdale County Tax Rate
1.51%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mcdonough, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30252 | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
Source: Ownwell
$1,148
Average Mcdonough Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Mcdonough, Georgia
In McDonough, 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 local 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 McDonough, 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 McDonough helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, McDonough's median home price is $242,000, with tax bills varying significantly. The 25th percentile tax bill is $2,110, while the 75th percentile reaches $5,355, and the 90th percentile can be as high as $7,121. Notably, the zip code 30252 has both the highest and lowest median tax bill at $3,644.
Average Mcdonough Assessed Value
$242,000
Average Rockdale County Assessed Value
$211,100
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mcdonough, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30252 | $86,820 | $139,950 | $242,000 | $360,050 | $475,280 |
Source: Ownwell
$1,148
Average Mcdonough Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Mcdonough, Georgia
In McDonough, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the local county assessor. The assessed value is a percentage of the market value of the property. Various factors, such as location, property size, and improvements, influence this assessed value. Homeowners in McDonough can expect a median home price of $242,000, with tax bills ranging from $2,110 at the 25th percentile to $7,121 at the 90th percentile. The highest median tax bill in the area is $3,644, found in the 30252 zip code. High property taxes can significantly impact homeowners, making it essential to manage these costs effectively. This is where Ownwell steps in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners challenge their assessed values, potentially lowering their tax bills. With a deep understanding of local tax codes and regulations, Ownwell ensures homeowners pay only their fair share, offering peace of mind and financial savings.
Average Mcdonough Tax Bill
$3,644
Average Rockdale County Tax Bill
$3,362
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Mcdonough, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30252 | $1,309 | $2,110 | $3,644 | $5,355 | $7,121 |
Source: Ownwell
$1,148
Average Mcdonough Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
Links | |
---|---|
Rockdale Assessor's Office | |
Website | qpublic.schneidercorp.com |
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