Shiloh, Georgia Property Taxes
The median property tax rate in Shiloh, GA is 1.23%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Shiloh, the typical annual property tax bill reaches $619, which is significantly lower than the national median of $2,690. Property taxes in Shiloh 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 Shiloh'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 Shiloh 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
Shiloh, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$618
$601
Ownwell’s Shiloh Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Shiloh with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Shiloh 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 Shiloh, Georgia
Property taxes in Shiloh, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Shiloh is 1.23%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Shiloh set these rates annually, and they can vary significantly across different neighborhoods. Each year, Shiloh 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 Shiloh's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31826 zip code has both the highest and lowest median property tax rate of 1.23%. Understanding how these cities compare with Shiloh provides valuable insights into the varying tax landscape across Talbot County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Shiloh Tax Rate
1.23%
Average Talbot County Tax Rate
1.23%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shiloh, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31826 | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Shiloh, Georgia
In Shiloh, 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 Talbot 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 Shiloh, 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 Shiloh helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Shiloh is $50,279, with the highest and lowest median tax bill both being $619 in zip code 31826.
Average Shiloh Assessed Value
$50,279
Average Talbot County Assessed Value
$71,281
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shiloh, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31826 | $18,000 | $27,898 | $50,279 | $108,832 | $192,048 |
Source: Ownwell
Property Tax Bills Across Shiloh, Georgia
In Shiloh, Talbot County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $50,279, homeowners can expect varying tax bills. The 25th percentile tax bill is around $344, while the 75th percentile reaches approximately $1,341. At the 90th percentile, tax bills can go up to $2,366. The highest and lowest median tax bills in the area both stand at $619, indicating a consistent rate within the zip code 31826. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents. Compared to the national median property tax rate of 0.99%, Shiloh's rates can vary significantly, influencing how much homeowners need to budget annually for their property taxes.
Average Shiloh Tax Bill
$619
Average Talbot County Tax Bill
$942
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Shiloh, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31826 | $222 | $344 | $619 | $1,341 | $2,366 |
Source: Ownwell