Lyons, Georgia Property Taxes
The median property tax rate in Lyons, GA is 1.09%, slightly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $97,000 in Lyons, the typical annual property tax bill reaches $1,054, surpassing the national median of $2,690. Property taxes in Lyons 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 Lyons' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Lyons 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
Lyons, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$1,057
$1,027
Ownwell’s Lyons Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lyons with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lyons 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 Lyons, Georgia
Property taxes in Lyons, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lyons is 1.09%, higher than the U.S. national median of 0.99%. Local government entities within Lyons set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lyons 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 Lyons' effective property tax rate to other counties in Georgia and the national median. For comparison, the 30436 zip code has the highest median property tax rate of 1.09%, while the same 30436 zip code has the lowest median tax rate of 1.09%. Understanding how these cities compare with Lyons provides valuable insights into the varying tax landscape across Tattnall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lyons Tax Rate
1.09%
Average Tattnall County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lyons, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30436 | 1.06% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Lyons, Georgia
In Lyons, 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 Tattnall 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 Lyons, 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 Lyons helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1054, found in the zip code 30436.
Average Lyons Assessed Value
$97,000
Average Tattnall County Assessed Value
$86,100
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lyons, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30436 | $32,332 | $40,040 | $97,000 | $176,500 | $265,076 |
Source: Ownwell
Property Tax Bills Across Lyons, Georgia
In Lyons, located in Tattnall County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Lyons is $97,000. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors influencing the tax bill include the home's assessed value, the local tax rate, and any applicable exemptions or deductions. Homeowners in Lyons experience a range of property tax bills. At the 25th percentile, the tax bill is $435, while at the 75th percentile, it rises to $1,918. For those in the 90th percentile, the tax bill can reach as high as $2,881. Comparatively, the national median property tax rate is 0.99%, highlighting how local rates and home values impact the final amount due. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Lyons Tax Bill
$1,054
Average Tattnall County Tax Bill
$1,014
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Lyons, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30436 | $351 | $435 | $1,054 | $1,918 | $2,881 |
Source: Ownwell