Manor, Georgia Property Taxes
The median property tax rate in Manor, Georgia is 1.15%, higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Manor, the typical annual property tax bill reaches $804, which is significantly lower than the national median of $2,690. Property taxes in Manor are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Manor'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 Manor or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Manor, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Manor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manor 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 Manor, Georgia
Property taxes in Manor, Georgia, play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Manor is 1.25%, which is significantly higher than both the Georgia state median of 0.83% and the U.S. national median of 0.99%. Local government entities within Manor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manor 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 Manor's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31550 zip code has the highest median property tax rate of 1.25%, while the same 31550 zip code has the lowest median tax rate of 1.25%. Understanding how these cities compare with Manor 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 Manor Tax Rate
1.15%
Average Ware County Tax Rate
1.15%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manor, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31550 | 0.33% | 0.64% | 1.15% | 1.16% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Manor, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Manor, Georgia. 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 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. In Manor, 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 Manor 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 31550 at $804.00, while the lowest is also 31550 at $804.00.
Average Manor Assessed Value
$101,359
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 Manor, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31550 | $25,012 | $49,068 | $101,359 | $189,221 | $277,276 |
Source: Ownwell
Property Tax Bills Across Manor, Georgia
In Manor, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the property's market value. Homeowners in Manor, located in Ware County, GA, experience property tax rates that can vary significantly. For instance, the 25th percentile tax bill is around $383, while the 75th percentile tax bill reaches up to $1,473. At the higher end, the 90th percentile tax bill can be as much as $2,612. Several factors influence these tax bills, including the market value of the home, local tax rates, and any applicable exemptions. The median home price in Manor is approximately $101,359, which provides a baseline for calculating individual property taxes. Compared to the national median property tax rate of 0.99%, the tax rates in Manor can have a considerable impact on homeowners, affecting their annual financial planning and overall cost of homeownership. Understanding these factors is crucial for homeowners looking to manage their property tax obligations effectively.
Average Manor Tax Bill
$804
Average Ware County Tax Bill
$742
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Manor, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31550 | $157 | $383 | $804 | $1,473 | $2,612 |
Source: Ownwell