Blakely, Georgia Property Taxes
The median property tax rate in Blakely, GA is 0.98%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $85,618, the typical annual property tax bill in Blakely is around $749, which is considerably lower than the national median of $2,690. Property taxes in Blakely 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 Blakely'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 Blakely or another part of Early County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Blakely, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$839
$815
Ownwell’s Blakely Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blakely with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blakely 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 Blakely, Georgia
Property taxes in Blakely, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blakely is 0.98%, which is slightly below the U.S. national median of 0.99%. Local government entities within Blakely set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blakely 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 Blakely's effective property tax rate to other areas in Georgia and the national median. For comparison, the 39823 zip code has the highest median property tax rate of 0.98%, while the same 39823 zip code also has the lowest median tax rate of 0.98%. Understanding how these cities compare with Blakely provides valuable insights into the varying tax landscape across Early County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blakely Tax Rate
0.98%
Average Early County Tax Rate
0.98%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blakely, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39823 | 0.44% | 0.79% | 0.98% | 1.01% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Blakely, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Blakely, GA. 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 Early 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 Blakely, 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. Notably, the zip code 39823 has the highest and lowest median tax bill at $749. Being aware of these valuation processes in Blakely helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Blakely Assessed Value
$85,618
Average Early County Assessed Value
$86,923
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blakely, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39823 | $24,992 | $50,088 | $85,618 | $147,994 | $244,312 |
Source: Ownwell
Property Tax Bills Across Blakely, Georgia
In Blakely, located in Early County, GA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, which is then multiplied by the local tax rate. For homeowners in Blakely, the median home price is $85,618. The property tax rate in Early County is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Blakely experience a range of tax bills, with the 25th percentile at $414 and the 75th percentile at $1,314. The 90th percentile can reach up to $2,143. The median tax bill in the zip code 39823 stands at $749, which is below the national median property tax rate of 0.99%. These property taxes are crucial as they fund local services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners should be aware of their property's assessed value and the local tax rate to better understand their annual tax obligations.
Average Blakely Tax Bill
$749
Average Early County Tax Bill
$753
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Blakely, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39823 | $196 | $414 | $749 | $1,314 | $2,143 |
Source: Ownwell