Pitts, Georgia Property Taxes
The median property tax rate in Pitts, GA is 1.01%, slightly higher than the national median of 0.99% but lower than Georgia's state median of 1.08%. With the median home value in Pitts at $124,835, the typical annual property tax bill amounts to $1,022, which is below the national median of $2,690. Property taxes in Pitts 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 Pitts' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Pitts 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
Pitts, 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 Pitts Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pitts with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pitts 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 Pitts, Georgia
Property taxes in Pitts, Georgia, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pitts is 1.01%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Pitts set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pitts 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 Pitts's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31072 zip code has both the highest and the lowest median property tax rate of 1.01%. Understanding how these cities compare with Pitts provides valuable insights into the varying tax landscape across Crisp County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pitts Tax Rate
1.01%
Average Crisp County Tax Rate
1.06%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pitts, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31072 | 0.41% | 0.68% | 1.01% | 1.10% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Pitts, Georgia
In Pitts, 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 Crisp 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 Pitts, 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 Pitts helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Pitts is $1,022 in the 31072 zip code, while the lowest median tax bill is also $1,022 in the same zip code.
Average Pitts Assessed Value
$124,835
Average Crisp County Assessed Value
$77,175
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pitts, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31072 | $27,014 | $64,514 | $124,835 | $177,078 | $198,270 |
Source: Ownwell
Property Tax Bills Across Pitts, Georgia
In Pitts, located in Crisp County, GA, property tax bills are determined by multiplying the assessed value of a home by the local property tax rate. The assessed value is typically a percentage of the home's market value. For homeowners in Pitts, the median home price is $124,835, which serves as a benchmark for calculating property taxes. Several factors influence the final tax bill, including the property's assessed value, any applicable exemptions, and the specific tax rate set by local authorities. Homeowners in Pitts can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is $412, while the 75th percentile reaches $1,651. At the 90th percentile, bills can be as high as $1,896. Comparatively, the median property tax rate in Pitts is below the national median of 0.99%, making it relatively affordable for homeowners. However, the exact tax burden will depend on individual property assessments and any available exemptions, which can help reduce the overall tax liability.
Average Pitts Tax Bill
$1,022
Average Crisp County Tax Bill
$736
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Pitts, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31072 | $120 | $412 | $1,022 | $1,651 | $1,896 |
Source: Ownwell