Pavo, Georgia Property Taxes
The median property tax rate in Pavo, GA is 1.02%, slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $120,123 in Pavo, the typical annual property tax bill amounts to $1,202, which is below the national median of $2,690. Property taxes in Pavo are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Pavo'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 Pavo or another part of Brooks County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pavo, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$1,225
$1,190
Ownwell’s Pavo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pavo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pavo 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 Pavo, Georgia
Property taxes in Pavo, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pavo is 1.02%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Pavo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pavo 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 Pavo's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31778 zip code has the highest median property tax rate of 1.02%, while the same zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Pavo provides valuable insights into the varying tax landscape across Brooks County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pavo Tax Rate
1.02%
Average Brooks County Tax Rate
1.04%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pavo, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31778 | 0.85% | 0.89% | 1.02% | 1.11% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Pavo, Georgia
In Pavo, 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 Brooks 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 Pavo, 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 Pavo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Pavo are both $1202, found in the 31778 zip code.
Average Pavo Assessed Value
$120,123
Average Brooks County Assessed Value
$119,130
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pavo, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31778 | $36,583 | $57,751 | $120,123 | $234,098 | $482,795 |
Source: Ownwell
Property Tax Bills Across Pavo, Georgia
In Pavo, located in Brooks 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 median home price in Pavo is $120,123. Homeowners in this area can expect their tax bills to vary significantly, with the 25th percentile tax bill at $658 and the 75th percentile at $2,327. The highest median tax bill in the region is $1,202, which aligns with the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the assessed value of the property, local tax rates, and any applicable exemptions. These factors collectively determine how much homeowners will owe annually. For example, those with homes in the lower value range might see tax bills closer to the 25th percentile, while higher-value properties could see bills approaching the 75th percentile or even the 90th percentile, which is $4,873. Understanding these elements helps homeowners better anticipate their financial obligations.
Average Pavo Tax Bill
$1,202
Average Brooks County Tax Bill
$1,212
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Pavo, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31778 | $391 | $658 | $1,202 | $2,327 | $4,873 |
Source: Ownwell