Ivey, Wilkinson County, Georgia Property Taxes
Median Ivey, GA effective property tax rate: 1.57%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Ivey, GA home value: $34,599
Median annual Ivey, GA tax bill: $421, $1,979 lower than the national median property tax bill of $2,400.
How are property taxes in Wilkinson calculated?
Property taxes in Ivey, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Ivey’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ivey, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ivey, Wilkinson County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.57%
Estimate Property Tax Bill
$543
$504
Property Tax Rates Across Ivey, Wilkinson County, Georgia
Local government entities are responsible for setting tax rates, which can differ significantly within a state. Each county determines its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Ivey, Wilkinson County, Georgia, the effective property tax rate is a reflection of this process. When comparing Ivey’s rate to other cities in Georgia and the national median, it becomes evident how local factors influence tax rates. Georgia's median property tax rate is higher than the national median of 1.02%, showcasing the variation within states. Understanding these differences can help property owners navigate their tax obligations more effectively. While Ivey’s rate is consistent with the state’s highest and lowest rates, it highlights the unique financial landscape property owners must consider.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ivey Tax Rate
1.57%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wilkinson County Tax Rate
1.36%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ivey, Wilkinson County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31031 | 0.54% | 1.07% | 1.57% | 1.57% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across Ivey, Wilkinson County, Georgia
When examining property taxes in Ivey, Georgia, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Wilkinson County Tax Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Wilkinson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Ivey. For example, the median home price in Ivey is $34,599, with tax bills ranging significantly across the county. Zip code 31031 has the highest median home price at $34,599.
Property Tax Assessment Values Across Ivey, Wilkinson County, Georgia
Source: Ownwell
$34,599
$70,454
$106,308
Median Ivey Market Value
$34,599
Median Wilkinson County Market Value
$56,049
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ivey, Wilkinson County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31031 | $9,643 | $18,500 | $34,599 | $68,910 | $107,720 |
Source: Ownwell
Property Tax Bills Across Ivey, Wilkinson County, Georgia
Median Ivey Tax Bill
$421
Median Wilkinson County Tax Bill
$637
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Ivey, Wilkinson County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31031 | $79 | $194 | $421 | $939 | $1,502 |
Source: Ownwell