Gordon, Georgia Property Taxes
The median property tax rate in Gordon, GA is 1.25%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Gordon, the typical annual property tax bill reaches $966, which is significantly lower than the national median of $2,690. Property taxes in Gordon 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 Gordon's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Gordon 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
Gordon, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$1,004
$931
Ownwell’s Gordon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gordon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gordon 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 Gordon, Georgia
Property taxes in Gordon, Georgia, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gordon is 1.25%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Gordon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gordon 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 Gordon's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31031 zip code has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these cities compare with Gordon provides valuable insights into the varying tax landscape across Wilkinson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gordon Tax Rate
1.25%
Average Twiggs County Tax Rate
1.25%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gordon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31031 | 0.65% | 1.02% | 1.25% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Gordon, Georgia
In Gordon, 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 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. Assessment notices in Gordon 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 Gordon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 31031 has the highest median tax bill at $966.00, while also having the lowest median tax bill at the same value.
Average Gordon Assessed Value
$80,292
Average Twiggs County Assessed Value
$60,029
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gordon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31031 | $32,589 | $48,972 | $80,292 | $120,586 | $206,127 |
Source: Ownwell
Property Tax Bills Across Gordon, Georgia
In Gordon, located in Twiggs County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Homeowners in Gordon see their tax bills influenced by several factors, including the median home price, local tax rates, and any applicable exemptions. The median home price in Gordon is $80,292, which helps determine the baseline for tax calculations. The tax bill for homeowners can vary significantly. For instance, the 25th percentile tax bill is $508, while the 75th percentile tax bill reaches $1,419. At the higher end, the 90th percentile tax bill can be as much as $2,410. These figures illustrate the range of property tax obligations that homeowners might face, depending on the assessed value of their property and applicable tax rates. Compared to the national median property tax rate of 0.99%, Gordon's property tax rates provide a context for understanding local tax burdens. Homeowners must stay informed about these factors to manage their property tax liabilities effectively.
Average Gordon Tax Bill
$966
Average Twiggs County Tax Bill
$678
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Gordon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31031 | $274 | $508 | $966 | $1,419 | $2,410 |
Source: Ownwell