Gordon, Georgia Property Taxes
The median property tax rate in Gordon, GA is 1.36%, significantly higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $59,484 in Gordon, the typical annual property tax bill reaches $713, surpassing the national median of $2,690. Property taxes in Gordon are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Gordon'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 Gordon or another part of the city, familiarizing yourself with 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
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gordon is 0.93%, which is lower than both the Georgia state median of 0.91% 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 zip code 31031 has the highest median property tax rate of 1.36%, while the same zip code also has the lowest median tax rate of 1.36%. 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
1.36%
Average Wilkinson County Tax Rate
1.36%
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 | 0.60% | 0.96% | 1.36% | 1.68% | 1.68% |
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 Wilkinson 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 Gordon, 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 Gordon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 31031 has the highest and lowest median tax bill, both at $713.
Average Gordon Assessed Value
$59,484
Average Wilkinson County Assessed Value
$56,049
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 | $20,092 | $35,556 | $59,484 | $95,864 | $139,919 |
Source: Ownwell
Property Tax Bills Across Gordon, Georgia
In Gordon, property tax bills are calculated based on the assessed value of your home, which is determined by the county assessor. This assessed value is a percentage of your home's market value. For example, if your home has a median market price of $59,484, the assessed value will be a fraction of this amount. The property tax rate in Gordon is then applied to this assessed value to determine your tax bill. Several factors influence your property tax bill, including changes in the market value of your home, local tax rates, and any applicable exemptions or deductions. For instance, the tax bill for homes in the 25th percentile is around $395, whereas homes in the 75th percentile see tax bills closer to $1,211. The highest median tax bill in the area is $713, found in zip code 31031. Understanding how these factors interplay can help homeowners anticipate their tax obligations and plan their finances accordingly.
Average Gordon Tax Bill
$713
Average Wilkinson County Tax Bill
$637
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 | $179 | $395 | $713 | $1,211 | $1,801 |
Source: Ownwell