Clayton, Georgia Property Taxes
The median property tax rate in Clayton, GA is 0.47%, significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $287,912 in Clayton, the typical annual property tax bill amounts to $1,063, which is well below the national median of $2,690. Property taxes in Clayton are calculated based on the assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Clayton'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 Clayton 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
Clayton, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$1,353
$1,256
Ownwell’s Clayton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clayton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clayton 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 Clayton, Georgia
Property taxes in Clayton, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clayton is 1.39%, significantly higher than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Clayton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clayton 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 Clayton's effective property tax rate to other counties in Georgia and the national median. For comparison, the highest median property tax rate in Georgia is 1.39%, while the lowest median tax rate is 1.39%. Understanding how these cities compare with Clayton provides valuable insights into the varying tax landscape across Clayton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clayton Tax Rate
0.47%
Average Towns County Tax Rate
0.47%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clayton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30525 | 0.30% | 0.36% | 0.47% | 0.47% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Clayton, Georgia
In Clayton, 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 local 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 Clayton, 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 Clayton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Clayton, the median home price is $287,912, with tax bills ranging from $804 to $2,465 depending on the property's assessed value. The zip code 30525 has the highest and lowest median tax bill of $1,063.
Average Clayton Assessed Value
$287,912
Average Towns County Assessed Value
$254,647
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clayton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30525 | $90,555 | $206,868 | $287,912 | $403,340 | $621,111 |
Source: Ownwell
Property Tax Bills Across Clayton, Georgia
In Clayton, located in Clayton County, GA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. Typically, the county assesses properties at 40% of their market value. The assessed value is then multiplied by the local millage rate, which is the amount per $1,000 of assessed value that homeowners must pay. Several factors influence the final tax bill, including the home's location, its market value, and any applicable exemptions. For instance, the median home price in Clayton is $287,912. Homeowners in the 25th percentile of tax bills pay around $804, while those in the 75th percentile pay approximately $1,546. At the 90th percentile, tax bills can reach up to $2,465. Compared to the national median property tax rate of 0.99%, the property tax burden in Clayton can vary significantly, impacting homeowners differently based on their property’s assessed value and applicable exemptions.
Average Clayton Tax Bill
$1,063
Average Towns County Tax Bill
$1,002
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Clayton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30525 | $378 | $804 | $1,063 | $1,546 | $2,465 |
Source: Ownwell