Metcalf, Georgia Property Taxes
The median property tax rate in Metcalf, GA is 0.98%, slightly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $81,978 in Metcalf, the typical annual property tax bill is $802, which is significantly less than the national median of $2,690. Property taxes in Metcalf are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Metcalf's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Metcalf or another part of Thomas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Metcalf, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$803
$746
Ownwell’s Metcalf Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Metcalf with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Metcalf 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 Metcalf, Georgia
Property taxes in Metcalf, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Metcalf is 0.98%, slightly below the U.S. national median of 0.99%. Local government entities within Metcalf set these rates annually, and they can vary significantly across different neighborhoods. Each year, Metcalf 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 Metcalf's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31792 ZIP code has the highest median property tax rate of 0.98%, while the same ZIP code also has the lowest median tax rate of 0.98%. Understanding how these cities compare with Metcalf provides valuable insights into the varying tax landscape across Thomas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Metcalf Tax Rate
0.98%
Average Thomas County Tax Rate
1.01%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Metcalf, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31792 | 0.89% | 0.98% | 0.98% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Metcalf, Georgia
In Metcalf, 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 Thomas 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 Metcalf, 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 Metcalf helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Metcalf is $802 in the 31792 zip code, while the lowest median tax bill is also $802 in the same zip code. With a median home price of $81,978, homeowners should be proactive in understanding their property tax assessments to make informed decisions.
Average Metcalf Assessed Value
$81,978
Average Thomas County Assessed Value
$133,872
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Metcalf, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31792 | $34,483 | $50,088 | $81,978 | $131,563 | $345,994 |
Source: Ownwell
Property Tax Bills Across Metcalf, Georgia
In Metcalf, GA, property tax bills are determined by a combination of factors including the assessed value of the property and the applicable tax rate. The assessed value is a percentage of the market value, which is determined by local tax assessors. Homeowners in Metcalf can expect varying tax bills based on the value of their property. For instance, the median home price in Metcalf is $81,978. The property tax bill at the 25th percentile is $471, while at the 75th percentile, it is $1,289. For those at the 90th percentile, the tax bill can reach as high as $3,389. This range shows how property values and corresponding tax bills can vary significantly. Compared to the national median property tax rate of 0.99%, the tax rates in Metcalf reflect the local economic conditions and property values. For homeowners, this means that understanding their property’s assessed value and the local tax rate is crucial in anticipating their annual tax obligations.
Average Metcalf Tax Bill
$802
Average Thomas County Tax Bill
$1,363
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Metcalf, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31792 | $338 | $471 | $802 | $1,289 | $3,389 |
Source: Ownwell