Du Pont, Georgia Property Taxes
The median property tax rate in Du Pont, GA is 1.26%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Du Pont, the typical annual property tax bill reaches $578, which is significantly lower than the national median of $2,690. Property taxes in Du Pont 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 Du Pont'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 Du Pont 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
Du Pont, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$608
$590
Ownwell’s DU PONT Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in DU PONT with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in DU PONT 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 Du Pont, Georgia
Property taxes in Du Pont, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Du Pont is 1.26%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Du Pont set these rates annually, and they can vary significantly across different neighborhoods. Each year, Du Pont 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 Du Pont's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31630 has both the highest and lowest median property tax rate of 1.26%. Understanding how these areas compare with Du Pont provides valuable insights into the varying tax landscape across Clinch County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Du Pont Tax Rate
1.26%
Average Clinch County Tax Rate
1.30%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Du Pont, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31630 | 0.69% | 1.05% | 1.26% | 1.33% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Du Pont, Georgia
In Du Pont, 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 Clinch 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 Du Pont, 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 Du Pont helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Du Pont is $578.00 in the 31630 zip code, while the lowest is also $578.00 in the same zip code.
Average Du Pont Assessed Value
$48,245
Average Clinch County Assessed Value
$46,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Du Pont, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31630 | $12,304 | $24,142 | $48,245 | $94,912 | $212,170 |
Source: Ownwell
Property Tax Bills Across Du Pont, Georgia
In Du Pont, Clinch County, GA, property tax bills are calculated based on the assessed value of the property. The assessed value is a percentage of the property's market value, which is determined by the county tax assessor. For example, if the median home price in Du Pont is $48,245, the assessed value will be a fraction of this amount, depending on local assessment ratios. The tax rate, also known as the millage rate, is then applied to the assessed value to determine the annual property tax bill. In Du Pont, property tax bills can vary significantly, with the 25th percentile tax bill at $278 and the 75th percentile tax bill at $1,146. The 90th percentile tax bill can reach up to $2,422, indicating a wide range of tax burdens among homeowners. These property taxes fund essential services such as public schools, infrastructure, and emergency services. Homeowners in Du Pont should be aware of these factors as they can significantly impact their annual expenses and overall cost of homeownership. Comparing Du Pont's property tax rate to the national median of 0.99% can help homeowners understand their relative tax burden.
Average Du Pont Tax Bill
$578
Average Clinch County Tax Bill
$564
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Du Pont, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31630 | $121 | $278 | $578 | $1,146 | $2,422 |
Source: Ownwell