Taylor County Property Taxes
The median property tax rate in Taylor County is 0.92%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Taylor County at $65,765, the typical annual property tax bill is $632, significantly below the national median of $2,690. Property taxes in Taylor County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Taylor County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Butler or another part of Taylor County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Taylor County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$605
$561
Ownwell’s Taylor County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Taylor County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Taylor County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Taylor County, Georgia
Property taxes in Taylor County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Taylor County is 0.92%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Taylor County set these rates annually, and they can vary significantly between different areas within the county. Each year, Taylor County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Taylor County's effective property tax rate with other regions and the national median. For comparison, the city of Reynolds has one of the higher property tax rates in the area at 0.92%, while the city of Ideal also has a similar rate at 0.92%. Analyzing how Taylor County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Taylor County Tax Rate
0.92%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Taylor County, Georgia
In Taylor County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Taylor County Appraisal District. The assessed value, however, 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. Assessment notices in Taylor County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Taylor County residents experience a range of property tax bills, with Ideal having the highest median tax bill at $1,419 and Mauk the lowest at $601. Being aware of these valuation processes in Taylor County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Taylor County Assessed Value
$65,765
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Taylor County, Georgia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Butler | $15,023 | $32,227 | $64,450 | $131,500 | $230,500 |
Ideal | $154,420 | $154,420 | $154,420 | $154,420 | $154,420 |
Junction City | $11,432 | $34,540 | $108,120 | $178,982 | $249,660 |
Mauk | $17,632 | $29,655 | $64,989 | $145,470 | $293,212 |
Reynolds | $16,086 | $33,035 | $66,580 | $126,945 | $211,772 |
Rupert | $20,670 | $35,065 | $73,598 | $158,608 | $263,058 |
Source: Ownwell
Property Tax Bills Across Taylor County, Georgia
In Taylor County, GA, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The local assessment rate determines this assessed value. Once the assessed value is established, the tax rate, known as the millage rate, is applied. This millage rate is set by various local taxing authorities and can vary depending on the services provided in your area. Several factors influence your final tax bill, including property location, home improvements, and any applicable exemptions. For example, properties in Ideal have the highest median tax bill at $1,419, while Mauk boasts the lowest at $601. Homeowners in Taylor County can expect a range in their property tax bills, with the 25th percentile at $306 and the 75th percentile reaching $1,247. For those at the 90th percentile, the tax bill can be as high as $2,129. Compared to the national median property tax rate of 0.99%, Taylor County offers a diverse range of tax bills influenced by local factors.
Average Taylor County Tax Bill
$632
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690