Centerville, Georgia Property Taxes
The median property tax rate in Centerville, GA is 1.40%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Centerville at $131,500, the typical annual property tax bill reaches $1,973, exceeding the national median of $2,690. Property taxes in Centerville 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 Centerville'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 Centerville 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
Centerville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$1,841
$1,788
Ownwell’s Centerville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Centerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Centerville 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 Centerville, Georgia
Property taxes in Centerville, Georgia, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Centerville is 1.40%, significantly higher than the U.S. national median of 0.99%. Local government entities within Centerville set these rates annually, and they can vary across different neighborhoods. Each year, Centerville 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 Centerville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31028 zip code has both the highest and lowest median property tax rate of 1.40%. Understanding how these areas compare with Centerville provides valuable insights into the varying tax landscape across Houston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Centerville Tax Rate
1.40%
Average Houston County Tax Rate
1.32%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Centerville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31028 | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Centerville, Georgia
In Centerville, 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 Houston 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 Centerville, 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. The median home price here is $131,500, with tax bills ranging from $1,404 at the 25th percentile to $4,471 at the 90th percentile. The zip code 31028 has the highest and lowest median tax bill at $1,973. 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 Centerville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Centerville Assessed Value
$131,500
Average Houston County Assessed Value
$137,400
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Centerville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31028 | $52,740 | $93,200 | $131,500 | $201,650 | $312,520 |
Source: Ownwell
Property Tax Bills Across Centerville, Georgia
In Centerville, part of Houston 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 local tax rate is then applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $131,500, homeowners can expect varying tax bills depending on their property's assessed value and the specific tax rate applied. Several factors influence these tax bills, including the property's location within specific school districts or special assessment zones, and any applicable exemptions. For Centerville, tax bills range significantly: the 25th percentile tax bill is around $1,404, while the 75th percentile reaches $2,995, and the 90th percentile can be as high as $4,471. These property taxes play a crucial role in funding local services such as schools, roads, and emergency services. Understanding how these elements come together helps homeowners anticipate their financial obligations and plan accordingly.
Average Centerville Tax Bill
$1,973
Average Houston County Tax Bill
$1,709
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Centerville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31028 | $1,154 | $1,404 | $1,973 | $2,995 | $4,471 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
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