Statesboro, Georgia Property Taxes
The median property tax rate in Statesboro, GA is 0.97%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Statesboro at $195,300, the typical annual property tax bill reaches $1,937, which is lower than the national median of $2,690. Property taxes in Statesboro are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Statesboro'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 Statesboro or another part of Bulloch County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Statesboro, 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 Statesboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Statesboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Statesboro 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 Statesboro, Georgia
Property taxes in Statesboro, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Statesboro is 0.97%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Statesboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Statesboro 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 Statesboro's effective property tax rate to other areas in Bulloch County and the national median. For comparison, the zip code 30458 has the highest median property tax rate of 0.99%, while the zip code 30461 has the lowest median tax rate of 0.96%. Understanding how these areas compare with Statesboro provides valuable insights into the varying tax landscape across Bulloch County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Statesboro Tax Rate
0.97%
Average Bulloch County Tax Rate
0.97%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Statesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30458 | 0.94% | 0.96% | 0.99% | 1.15% | 1.15% |
| 30461 | 0.87% | 0.94% | 0.96% | 0.97% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Statesboro, Georgia
In Statesboro, 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 Bulloch 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 Statesboro, 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. For instance, the highest median tax bill in Statesboro is $2,203 in the 30461 zip code, while the lowest is $1,831 in the 30458 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 Statesboro Assessed Value
$195,300
Average Bulloch County Assessed Value
$190,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Statesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30458 | $59,600 | $106,700 | $180,130 | $249,600 | $356,300 |
| 30461 | $108,578 | $162,700 | $232,785 | $327,775 | $419,220 |
Source: Ownwell
Property Tax Bills Across Statesboro, Georgia
In Statesboro, property tax bills are calculated based on the assessed value of your home, which is determined by the Bulloch County tax assessor. The assessed value is a percentage of the market value of your property. Once the assessed value is determined, the local tax rate, or millage rate, is applied to calculate the actual tax bill. Several factors influence the assessed value, including the size, location, and condition of the property. For example, the median home price in Statesboro is $195,300. Homeowners in the 25th percentile can expect a tax bill around $1,276, while those in the 75th percentile might pay approximately $2,652. The highest median tax bill in the area is $2,203 in zip code 30461, whereas the lowest is $1,831 in zip code 30458. This variation in tax bills can significantly impact homeowners, influencing their monthly budgets and long-term financial planning. Comparing these figures to the national median property tax rate of 0.99% provides a clearer perspective on local tax burdens.
Average Statesboro Tax Bill
$1,937
Average Bulloch County Tax Bill
$1,868
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Statesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30458 | $638 | $1,135 | $1,831 | $2,454 | $3,454 |
| 30461 | $942 | $1,534 | $2,203 | $3,061 | $3,912 |
Source: Ownwell