Doerun, Georgia Property Taxes
The median property tax rate in Doerun, GA is 0.92%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $79,933 in Doerun, the typical annual property tax bill is $757, significantly below the national median of $2,690. Property taxes in Doerun are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, including primary residence and agricultural exemptions. Understanding Doerun's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Doerun or another part of Colquitt County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Doerun, 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 Doerun Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Doerun with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Doerun 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 Doerun, Georgia
Property taxes in Doerun, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Doerun is 0.92%, which is lower than the U.S. national median of 0.99%. Local government entities within Doerun set these rates annually, and they can vary significantly across different neighborhoods. Each year, Doerun 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 Doerun's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31744 has both the highest and lowest median property tax rate of 0.92%. Understanding how these cities compare with Doerun 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 Doerun Tax Rate
0.92%
Average Colquitt County Tax Rate
0.91%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Doerun, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31744 | 0.70% | 0.82% | 0.92% | 1.06% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Doerun, Georgia
In Doerun, 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 Colquitt 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 Doerun, 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. For instance, the median home price in Doerun is $79,933, with tax bills ranging from $397 at the 25th percentile to $2,208 at the 90th percentile. The highest and lowest median tax bills are both $757, found in the 31744 zip code. 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 Doerun helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Doerun Assessed Value
$79,933
Average Colquitt County Assessed Value
$87,526
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Doerun, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31744 | $23,587 | $43,503 | $79,933 | $145,000 | $265,618 |
Source: Ownwell
Property Tax Bills Across Doerun, Georgia
In Doerun, located in Colquitt County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value typically represents a percentage of the property's market value. Homeowners in Doerun can expect their tax bills to vary significantly; for instance, the 25th percentile tax bill is around $397, while the 75th percentile reaches $1,276, and the 90th percentile can go up to $2,208. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions, such as those for homesteads or seniors. Compared to the national median property tax rate of 0.99%, Doerun's tax rates can result in varying financial impacts. Homeowners with properties in the highest median tax bill zip code, 31744, see consistent tax bills around $757. Understanding these elements helps homeowners anticipate their annual tax obligations and plan their finances accordingly.
Average Doerun Tax Bill
$757
Average Colquitt County Tax Bill
$845
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Doerun, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31744 | $203 | $397 | $757 | $1,276 | $2,208 |
Source: Ownwell