Lyons, Georgia Property Taxes
The median property tax rate in Lyons, GA is 0.94%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Lyons, the typical annual property tax bill reaches $695, significantly lower than the national median of $2,690. Property taxes in Lyons 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 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
0.94%
Estimate Property Tax Bill
$854
$793
Ownwell’s Lyons Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers to 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 provide an accurate estimate of your property tax bill. This intuitive tool helps you understand potential tax liabilities and plan your finances accordingly. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county and is used for property tax calculations, taking into account any applicable exemptions.
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 0.94%, which is slightly below 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 areas in Georgia and the national median. For comparison, the zip code 30436 has the highest median property tax rate of 0.94%, while the same zip code also has the lowest median tax rate of 0.94%. Understanding how these cities compare with Lyons provides valuable insights into the varying tax landscape across Toombs County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lyons Tax Rate
0.94%
Average Toombs County Tax Rate
0.58%
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 | 0.45% | 0.62% | 0.94% | 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 Toombs 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 zip code with the highest median tax bill is 30436 at $695, which is also the lowest.
Average Lyons Assessed Value
$90,899
Average Toombs County Assessed Value
$101,684
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 | $18,905 | $40,579 | $90,899 | $166,396 | $280,541 |
Source: Ownwell
Property Tax Bills Across Lyons, Georgia
In Lyons, GA, located in Toombs County, 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 Lyons stands at $90,899. Homeowners can expect their tax bills to vary significantly, with the 25th percentile tax bill being $333 and the 75th percentile reaching $1,279. For those at the 90th percentile, tax bills can go up to $2,103. The property tax rate in Lyons is influenced by local government budgets and the need to fund public services such as schools, infrastructure, and emergency services. This rate is applied to the assessed value of the property to determine the final tax bill. Compared to the national median property tax rate of 0.99%, homeowners in Lyons experience a range of tax obligations depending on their property's value and location within the city. Understanding these factors can help homeowners anticipate their tax responsibilities and manage their finances effectively.
Average Lyons Tax Bill
$695
Average Toombs County Tax Bill
$474
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 | $163 | $333 | $695 | $1,279 | $2,103 |
Source: Ownwell