Macon, Georgia Property Taxes
The median property tax rate in Macon, GA is 1.21%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Macon at $56,404, the typical annual property tax bill reaches $605, which is significantly lower than the national median of $2,690. Property taxes in Macon 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 Macon'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 Macon 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
Macon, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$682
$633
Ownwell’s Macon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Macon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Macon 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 Macon, Georgia
Property taxes in Macon, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Macon is 1.21%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Macon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Macon 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 Macon's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31201 zip code has the highest median property tax rate of 1.44%, while the 31217 zip code has the lowest median tax rate of 1.21%. Understanding how these cities compare with Macon provides valuable insights into the varying tax landscape across Twiggs County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Macon Tax Rate
1.21%
Average Twiggs County Tax Rate
1.25%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Macon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31201 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
| 31211 | N/A | N/A | N/A | N/A | N/A |
| 31217 | 0.39% | 0.84% | 1.21% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Macon, Georgia
In Macon, 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 Twiggs 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 Macon, 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. For instance, the highest median tax bill in Macon is $608 in the 31217 zip code, while the lowest is $596 in the 31201 zip code. Being aware of these valuation processes in Macon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Macon Assessed Value
$56,404
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 Macon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31201 | $41,541 | $41,541 | $41,541 | $41,541 | $41,541 |
| 31211 | N/A | N/A | N/A | N/A | N/A |
| 31217 | $22,513 | $36,259 | $56,404 | $94,973 | $146,355 |
Source: Ownwell
Property Tax Bills Across Macon, Georgia
In Macon, Twiggs County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value typically represents a percentage of the home's market value. Various factors influence this value, including the property's location, size, and any improvements made. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. For homeowners in Macon, the median home price stands at $56,404. Tax bills can vary significantly, with the 25th percentile at $321 and the 75th percentile at $1,087. The 90th percentile reaches up to $1,764, highlighting the range of tax burdens within the area. Interestingly, the highest median tax bill is $608 in the 31217 zip code, while the lowest is $596 in the 31201 zip code. These property taxes are essential for funding local services and infrastructure, directly impacting homeowners' financial planning and overall cost of living.
Average Macon Tax Bill
$605
Average Twiggs County Tax Bill
$678
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Macon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31201 | $596 | $596 | $596 | $596 | $596 |
| 31211 | N/A | N/A | N/A | N/A | N/A |
| 31217 | $135 | $321 | $608 | $1,088 | $1,767 |
Source: Ownwell