Iron City, Decatur County, Georgia Property Taxes

Name: Property Tax Bills Across Iron City, Decatur County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Iron City, GA effective property tax rate: 0.67%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%. Median Iron City, GA home value: $391,878. Median annual Iron City, GA tax bill: $2,629, $229 higher than the national median property tax bill of $2,400. How are property taxes in Decatur calculated? Property taxes in Iron City, 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 Iron City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Iron City, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Iron City, Decatur County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.67%

Estimate Property Tax Bill

$2,626

$2,436

Ownwell’s Iron City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Iron City with just two data points. By entering your property's estimated assessed value, our calculator applies Iron City’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Decatur. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Iron City, Decatur County, Georgia

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Iron City, located in Decatur County, Georgia, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This makes it an attractive option for property owners looking to minimize their tax burden. The median property tax rate in Georgia is also relatively low compared to the national average, providing further incentive for property investment in the area.

Comparing Iron City’s effective property tax rate to other cities in Georgia and the U.S. highlights the potential savings for property owners. With a lower tax rate, property owners in Iron City can enjoy reduced annual property tax bills, which can significantly impact overall property affordability and investment returns.

Property Tax Rates Across Iron City, Decatur County, Georgia

Source: Ownwell

1.12%

1.16%

1.19%

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 Iron City Tax Rate

0.67%

Median Effective Decatur County Tax Rate

1.16%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Iron City, Decatur County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
39859	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Iron City, Decatur County, Georgia

When examining property taxes in Iron City, GA, 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 Decatur County appraisal district 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 Decatur County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Iron City. For example, the median home price in Iron City is $391,878, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Iron City, Decatur County, Georgia

Source: Ownwell

$64,954

$116,927

$168,899

Median Iron City Market Value

$391,878

Median Decatur County Market Value

$105,240

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Iron City, Decatur County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
39859	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Iron City, Decatur County, Georgia

In Iron City, located in Decatur County, Georgia, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $391,878. Property taxes are calculated using the local tax rate applied to the assessed value. Although the national median property tax rate is 1.02%, Georgia typically has lower rates, which can be beneficial for homeowners. However, even with a favorable rate, tax bills can still be significant. In Iron City, the 25th, 75th, and 90th percentile tax bills are all $2,629, which is above the national median property tax bill of $2,400. This can be a financial burden for many homeowners. Ownwell offers property tax appeal services that can help homeowners in Iron City potentially lower their tax bills. By analyzing property assessments and market trends, Ownwell identifies opportunities for tax reductions, ensuring homeowners pay only their fair share, ultimately saving them money.

Property Tax Bills Across Iron City, Decatur County, Georgia

Source: Ownwell

$704

$1,145

$1,586

Median Iron City Tax Bill

$2,629

Median Decatur County Tax Bill

$1,188

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Iron City, Decatur County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
39859	N/A	N/A	N/A	N/A	N/A

Source: Ownwell