Moultrie, Georgia Property Taxes
The median property tax rate in Moultrie, GA is 0.93%, slightly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Moultrie at $88,618, the typical annual property tax bill comes to $919, which is significantly below the national median of $2,690. Property taxes in Moultrie are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Moultrie'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 Moultrie 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
Moultrie, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$824
$765
Ownwell’s Moultrie Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Moultrie with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Moultrie to provide an estimated property tax bill. This valuable 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 Moultrie, Georgia
Property taxes in Moultrie, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moultrie is 0.85%, which is lower than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Moultrie set these rates annually, and they can vary significantly across different neighborhoods. Each year, Moultrie 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 Moultrie's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31768 zip code has the highest median property tax rate of 0.85%, while the same 31768 zip code also has the lowest median tax rate of 0.85%. Understanding how these cities compare with Moultrie provides valuable insights into the varying tax landscape across Colquitt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moultrie Tax Rate
0.93%
Average Worth County Tax Rate
1.14%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moultrie, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31768 | 0.69% | 0.75% | 0.93% | 1.43% | 1.91% |
Source: Ownwell
Property Tax Assessment Values Across Moultrie, Georgia
In Moultrie, 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 local 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 Moultrie, 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 Moultrie helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 31768 has both the highest and lowest median tax bill at $919, reflecting the uniformity in tax assessments within the area.
Average Moultrie Assessed Value
$88,618
Average Worth County Assessed Value
$79,652
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moultrie, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31768 | $39,488 | $50,360 | $88,618 | $137,204 | $232,514 |
Source: Ownwell
Property Tax Bills Across Moultrie, Georgia
In Moultrie, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the property's market value. For instance, the median home price in Moultrie is $88,618. The tax rate in the area is applied to this assessed value to determine the annual tax bill. Factors such as local government budget needs, school funding, and public services influence the tax rate. Homeowners in Moultrie can expect tax bills that vary significantly. The 25th percentile tax bill is $766, while the 75th percentile reaches $1,197, and the 90th percentile can go up to $1,654. The highest median tax bill recorded in the area is $919 in the 31768 zip code. These variations can have a notable impact on homeowners' finances, making it essential to understand how local assessments and tax rates affect individual tax responsibilities. Compared to the national median property tax rate of 0.99%, Moultrie's rates reflect the unique economic and budgetary needs of the area.
Average Moultrie Tax Bill
$919
Average Worth County Tax Bill
$864
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Moultrie, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31768 | $592 | $766 | $919 | $1,197 | $1,654 |
Source: Ownwell