Valdosta, Georgia Property Taxes
The median property tax rate in Valdosta, GA is 0.99%, aligning precisely with the national median of 0.99% but still lower than the Georgia state median of 1.08%. With a median home value of $170,925 in Valdosta, the typical annual property tax bill comes to $1,690, which is below the national median of $2,690. Property taxes in Valdosta are calculated based on the tax assessed value, generally lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Valdosta'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 Valdosta or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Valdosta, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$1,692
$1,643
Ownwell’s Valdosta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Valdosta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Valdosta 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 Valdosta, Georgia
Property taxes in Valdosta, Georgia, are crucial for funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Valdosta is 0.83%, lower than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Valdosta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Valdosta 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 Valdosta's effective property tax rate to other counties in Georgia and the national median. For comparison, 30318 has the highest median property tax rate of 1.42%, while 31705 has the lowest median tax rate of 0.64%. Understanding how these cities compare with Valdosta 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 Valdosta Tax Rate
0.99%
Average Brooks County Tax Rate
1.04%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Valdosta, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31602 | 0.96% | 0.98% | 0.99% | 1.02% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Valdosta, Georgia
In Valdosta, 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 local 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. 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 Valdosta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Valdosta is $1690, found in the 31602 zip code, while the lowest median tax bill is also $1690 in the same zip code. The 25th percentile tax bill is $1182, and the 75th percentile tax bill is $2154, with the 90th percentile reaching $2796.
Average Valdosta Assessed Value
$170,925
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 Valdosta, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31602 | $38,849 | $120,328 | $170,925 | $216,005 | $281,580 |
Source: Ownwell
Property Tax Bills Across Valdosta, Georgia
In Valdosta, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the Brooks County tax assessor. The assessed value is typically a percentage of the market value of the property. Homeowners in Valdosta can expect their tax bills to vary significantly depending on the value of their property. For example, the tax bill for homes in the 25th percentile is around $1,182, while those in the 75th percentile see bills closer to $2,154. At the higher end, the 90th percentile tax bill can reach up to $2,796. The highest median tax bill in Valdosta, recorded in the 31602 zip code, stands at $1,690. This is notably lower than the national median property tax rate of 0.99%, making Valdosta relatively affordable for homeowners. Factors such as property size, location, and any applicable exemptions also play a crucial role in determining the final tax bill. Understanding these elements can help homeowners better anticipate their annual property tax obligations.
Average Valdosta Tax Bill
$1,690
Average Brooks County Tax Bill
$1,212
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Valdosta, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31602 | $423 | $1,182 | $1,690 | $2,154 | $2,796 |
Source: Ownwell