Axson, Georgia Property Taxes
The median property tax rate in Axson, GA is 1.11%, slightly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Axson at $52,411, the typical annual property tax bill reaches $425, which is significantly lower than the national median of $2,690. Property taxes in Axson 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 Axson'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 Axson 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
Axson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$582
$540
Ownwell’s Axson Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Axson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Axson 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 Axson, Georgia
Property taxes in Axson, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Axson is 1.11%, which is significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Axson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Axson 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 Axson's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31624 zip code has both the highest and lowest median property tax rate of 1.11%. Understanding how these cities compare with Axson provides valuable insights into the varying tax landscape across Ware County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Axson Tax Rate
1.11%
Average Ware County Tax Rate
1.15%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Axson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31624 | 0.17% | 0.81% | 1.11% | 1.16% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Axson, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Axson, Georgia. The market value represents 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 Ware 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 Axson 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. The median home price in Axson is $52,411, with tax bills ranging from $141 at the 25th percentile to $2,191 at the 90th percentile. The zip code 31624 has both the highest and lowest median tax bills at $425. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Axson Assessed Value
$52,411
Average Ware County Assessed Value
$82,583
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Axson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31624 | $15,593 | $33,791 | $52,411 | $117,244 | $197,858 |
Source: Ownwell
Property Tax Bills Across Axson, Georgia
In Axson, located in Ware County, GA, property tax bills are calculated based on the assessed value of a home. This assessed value is typically a percentage of the home's market value. For example, if a home’s market value is $52,411, the assessed value might be a fraction of this amount, depending on local regulations. The tax rate is then applied to the assessed value to determine the tax bill. Factors such as property location, home improvements, and market trends can influence the assessed value. Homeowners in Axson experience a range of tax bills, with the 25th percentile at $141 and the 75th percentile at $638. The highest median tax bill in the area is $425, which is relatively low compared to the national median property tax rate of 0.99%. This means that, overall, property taxes in Axson are more affordable, potentially making homeownership more accessible and less financially burdensome for residents.
Average Axson Tax Bill
$425
Average Ware County Tax Bill
$742
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Axson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31624 | $68 | $141 | $425 | $638 | $2,191 |
Source: Ownwell