Manchester, Georgia Property Taxes
The median property tax rate in Manchester, GA is 1.23%, noticeably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Manchester, the typical annual property tax bill reaches $1,364, which is still below the national median of $2,690. Property taxes in Manchester are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Manchester'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 Manchester 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
Manchester, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,098
$1,019
Ownwell’s Manchester Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manchester with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manchester 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 Manchester, Georgia
Property taxes in Manchester, Georgia, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Manchester is 1.23%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Manchester set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manchester 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 Manchester's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31816 zip code has the highest median property tax rate of 1.23%, while the 31816 zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Manchester provides valuable insights into the varying tax landscape across Talbot County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manchester Tax Rate
1.23%
Average Talbot County Tax Rate
1.23%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manchester, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31816 | 1.23% | 1.23% | 1.23% | 1.91% | 1.91% |
Source: Ownwell
Property Tax Assessment Values Across Manchester, Georgia
In Manchester, 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 Talbot 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 Manchester, 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 Manchester helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Manchester is $1,364 in the 31816 zip code, while the lowest median tax bill is also $1,364 in the same zip code.
Average Manchester Assessed Value
$89,281
Average Talbot County Assessed Value
$71,281
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manchester, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31816 | $23,793 | $53,218 | $89,281 | $119,437 | $185,062 |
Source: Ownwell
Property Tax Bills Across Manchester, Georgia
In Manchester, located in Talbot 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 Manchester is $89,281. Local tax authorities determine the assessed value and apply the local tax rate to calculate the annual tax bill. Factors influencing the tax bill include property size, location, and any applicable exemptions. Homeowners in Manchester experience a range of tax bills. For instance, those at the 25th percentile pay around $656 annually, while those at the 75th percentile pay approximately $2,004. At the 90th percentile, the tax bill can reach up to $2,805. The highest median tax bill in the area is $1,364, which is consistent across the zip code 31816. Compared to the national median property tax rate of 0.99%, Manchester's rates reflect local economic conditions and funding needs, impacting homeowners' annual financial planning and housing affordability.
Average Manchester Tax Bill
$1,364
Average Talbot County Tax Bill
$942
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Manchester, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31816 | $304 | $656 | $1,364 | $2,004 | $2,805 |
Source: Ownwell