Enigma, Georgia Property Taxes
The median property tax rate in ENIGMA, GA is 1.19%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in ENIGMA at $64,078, the typical annual property tax bill reaches $506, which is significantly lower than the national median of $2,690. Property taxes in ENIGMA are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding ENIGMA'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 ENIGMA or another part of Tift County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Enigma, 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 ENIGMA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ENIGMA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ENIGMA 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 Enigma, Georgia
Property taxes in Enigma, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Enigma is 1.19%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Enigma set these rates annually, and they can vary significantly across different neighborhoods. Each year, Enigma 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 Enigma's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31749 zip code has the highest median property tax rate of 1.19%, while the 31749 zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Enigma provides valuable insights into the varying tax landscape across Tift County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Enigma Tax Rate
1.19%
Average Tift County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enigma, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31749 | 0.56% | 0.86% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Enigma, Georgia
In Enigma, 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 Tift 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 Enigma, 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 is $64,078, with tax bills ranging from $261 at the 25th percentile to $1,430 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 Enigma helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Enigma Assessed Value
$64,078
Average Tift County Assessed Value
$88,368
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Enigma, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31749 | $14,483 | $26,340 | $64,078 | $106,589 | $152,170 |
Source: Ownwell
Property Tax Bills Across Enigma, Georgia
Property tax bills in Enigma, Tift County, GA, are calculated based on the assessed value of the property and the local tax rate. The assessed value is typically a percentage of the property's market value, which in this area is influenced by the median home price of $64,078. Homeowners can expect their tax bills to vary significantly, with the 25th percentile tax bill at $261 and the 75th percentile reaching $1,023. For those in the 90th percentile, tax bills can be as high as $1,430. These figures indicate that while some homeowners may pay relatively low property taxes, others could face considerably higher bills. The overall impact on homeowners is substantial, as property taxes are a recurring cost that affects annual budgeting. Compared to the national median property tax rate of 0.99%, the tax burden in Enigma can be seen as moderate, but it varies widely depending on specific property assessments and local tax rates. Understanding these factors is crucial for homeowners to manage their finances effectively.
Average Enigma Tax Bill
$506
Average Tift County Tax Bill
$893
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Enigma, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31749 | $161 | $261 | $506 | $1,023 | $1,430 |
Source: Ownwell