Oliver, Georgia Property Taxes
The median property tax rate in Oliver, GA is 1.27%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Oliver, the typical annual property tax bill reaches $559, which is significantly lower than the national median of $2,690. Property taxes in Oliver 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 Oliver'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 Oliver or another part of Screven County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Oliver, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$573
$557
Ownwell’s Oliver Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Oliver with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Oliver 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 Oliver, Georgia
Property taxes in Oliver, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Oliver is 1.27%, surpassing both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Oliver set these rates annually, and they can vary significantly across different neighborhoods. Each year, Oliver 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 Oliver's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30449 zip code has the highest median property tax rate of 1.27%, while the 30449 zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with Oliver provides valuable insights into the varying tax landscape across Screven County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Oliver Tax Rate
1.27%
Average Screven County Tax Rate
1.26%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oliver, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30449 | 1.24% | 1.25% | 1.27% | 1.30% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Oliver, Georgia
In Oliver, 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 Screven 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 Oliver, 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 Oliver is $45,140, with tax bills ranging from $360 at the 25th percentile to $758 at the 75th percentile, and $878 at the 90th percentile. 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 Oliver helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Oliver Assessed Value
$45,140
Average Screven County Assessed Value
$66,910
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oliver, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30449 | $18,724 | $28,630 | $45,140 | $61,650 | $71,556 |
Source: Ownwell
Property Tax Bills Across Oliver, Georgia
In Oliver, located in Screven County, GA, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. For homeowners in Oliver, the median home price is $45,140. The tax bill is then derived by applying the local tax rate to this assessed value. Various factors such as property size, location, and any exemptions or abatements can influence the final tax bill. For instance, in Oliver, the 25th percentile tax bill is $360, while the 75th percentile tax bill is $758. This range indicates the variability in tax obligations among homeowners, depending on their property's assessed value and applicable exemptions. The 90th percentile tax bill reaches $878, highlighting that higher-valued properties contribute more in taxes. Compared to the national median property tax rate of 0.99%, Oliver's tax rates and bills reflect the local economic and property market conditions, directly impacting homeowners' financial planning and budgeting.
Average Oliver Tax Bill
$559
Average Screven County Tax Bill
$790
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Oliver, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30449 | $240 | $360 | $559 | $758 | $878 |
Source: Ownwell