Morris, Georgia Property Taxes
The median property tax rate in Morris, GA is 0.94%, slightly lower 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 $3,657, surpassing 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, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$3,915
$3,633
Ownwell’s Morris Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Morris with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Morris to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is the value determined by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Morris, Georgia
Property taxes in Morris, Georgia, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in Morris is 0.94%, slightly below 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. Understanding how these cities compare with Morris provides valuable insights into the varying tax landscape across Quitman County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Morris Tax Rate
0.94%
Average Stewart County Tax Rate
1.06%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Morris, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39867 | 0.87% | 0.90% | 0.94% | 0.98% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Morris, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Morris, Georgia. 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 Stewart 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. The zip code 39867 has the highest median tax bill at $3,657. 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.
Average Morris Assessed Value
$416,500
Average Stewart County Assessed Value
$39,600
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Morris, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39867 | $180,820 | $269,200 | $416,500 | $563,800 | $652,180 |
Source: Ownwell
Property Tax Bills Across Morris, Georgia
In Morris, located in Stewart County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Morris is $416,500, and the tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax amount, including the property's location, size, and any applicable exemptions. For homeowners in Morris, property tax bills can vary significantly. At the 25th percentile, the tax bill is approximately $2,454, while at the 75th percentile, it rises to around $4,860. For those at the 90th percentile, the bill can reach up to $5,581. These figures indicate a broad range of tax liabilities, reflecting differences in property values and assessments within the area. Compared to the national median property tax rate of 0.99%, Morris's tax rates can be seen as relatively moderate. However, the impact on homeowners can still be substantial, influencing monthly budgets and overall financial planning.
Average Morris Tax Bill
$3,657
Average Stewart County Tax Bill
$383
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Morris, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39867 | $1,732 | $2,454 | $3,657 | $4,860 | $5,581 |
Source: Ownwell