Millen, Screven County, Georgia Property Taxes
The median property tax rate in Millen, GA is 1.22%, higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Millen being $85,000, the typical annual property tax bill reaches $718, which is below the national median of $2,690. Property taxes in Millen are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Millen'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 Millen or another part of Screven County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Millen, Screven County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$1,037
$962
Ownwell’s Millen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Millen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Millen 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 Millen, Screven County, Georgia
Property taxes in Millen, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Millen is 1.22%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Millen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Millen 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 Millen's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30442 has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these areas compare with Millen provides valuable insights into the varying tax landscape across Screven County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Millen Tax Rate
1.22%
Average Screven County Tax Rate
1.26%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Millen, Screven County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | 0.52% | 0.75% | 1.22% | 1.35% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Millen, Screven County, Georgia
In Millen, 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 Screven 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 Millen, 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. For instance, the median home price in Millen is $85,000, with tax bills ranging from $452 at the 25th percentile to $1,701 at the 90th percentile. By understanding 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Millen, Screven County, Georgia
Source: Ownwell
$60,255
$74,438
$88,620
Average Millen Assessed Value
$85,000
Average Screven County Assessed Value
$66,910
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Millen, Screven County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | $32,500 | $35,790 | $85,000 | $139,000 | $204,270 |
Source: Ownwell
Property Tax Bills Across Millen, Screven County, Georgia
In Millen, property tax bills are calculated based on the assessed value of a home, which is determined by the Screven County tax assessor. The assessed value is typically a percentage of the market value of the property. The tax rate, also known as the millage rate, is then applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the home's assessed value, the local millage rate, and any applicable exemptions or deductions. For example, exemptions for primary residences or senior citizens can reduce the taxable value, resulting in a lower tax bill. In Millen, the median home price is $85,000. Homeowners in the 25th percentile pay around $452 annually, while those in the 75th percentile pay about $1,062. At the 90th percentile, the tax bill can reach up to $1,701. Comparatively, the national median property tax rate is 0.99%, and Millen's tax rates can significantly impact homeowners depending on their property's assessed value and eligibility for exemptions.
Average Millen Tax Bill
$718
Average Screven County Tax Bill
$790
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Millen, Screven County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | $273 | $452 | $718 | $1,062 | $1,701 |
Source: Ownwell