Surrency, Georgia Property Taxes
The median property tax rate in Surrency, GA is 0.99%, aligning with the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $62,685 in Surrency, the typical annual property tax bill is $431, significantly below the national median of $2,690. Property taxes in Surrency are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Surrency'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 Surrency 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
Surrency, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$621
$603
Ownwell’s Surrency Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Surrency with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Surrency 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 Surrency, Georgia
Property taxes in Surrency, Georgia, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Surrency is 0.99%, which aligns with the U.S. national median of 0.99%. Local government entities within Surrency set these rates annually, and they can vary significantly across different neighborhoods. Each year, Surrency 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 Surrency's effective property tax rate to other areas in Appling County and the national median. For comparison, the zip code 31563 has both the highest and lowest median property tax rate of 0.99%. Understanding how these areas compare with Surrency provides valuable insights into the varying tax landscape across Appling County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Surrency Tax Rate
0.99%
Average Appling County Tax Rate
0.99%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Surrency, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31563 | 0.12% | 0.57% | 0.99% | 0.99% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Surrency, Georgia
In Surrency, GA, 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 Appling 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. Assessment notices in Surrency 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. For instance, the highest and lowest median tax bills in Surrency are both $431.00, found in the 31563 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Surrency Assessed Value
$62,685
Average Appling County Assessed Value
$61,547
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Surrency, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31563 | $14,614 | $29,710 | $62,685 | $116,906 | $192,373 |
Source: Ownwell
Property Tax Bills Across Surrency, Georgia
In Surrency, located in Appling County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. For example, if the median home price is $62,685, the assessed value might be a fraction of this amount, depending on local assessment rates. The tax rate, expressed as a percentage, is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location, its assessed value, and any applicable exemptions. In Surrency, the tax bills can vary significantly. For instance, the 25th percentile tax bill is $167, while the 75th percentile tax bill is $876, and the 90th percentile tax bill can reach up to $1,624. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, Surrency's property tax rates offer a range of financial obligations for residents, reflecting the diverse property values within the area.
Average Surrency Tax Bill
$431
Average Appling County Tax Bill
$389
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Surrency, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31563 | $29 | $167 | $431 | $876 | $1,624 |
Source: Ownwell