Camilla, Georgia Property Taxes
The median property tax rate in Camilla, GA is 1.68%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Camilla being $78,700, the typical annual property tax bill reaches $1,249, exceeding the national median of $2,690. Property taxes in Camilla 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 Camilla'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 Camilla 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
Camilla, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Camilla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Camilla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Camilla 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 Camilla, Georgia
Property taxes in Camilla, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Camilla is 0.81%, lower than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Camilla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Camilla 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 Camilla's effective property tax rate to other counties in Georgia and the national median. For comparison, the highest median property tax rate in Georgia is 1.32% in Fulton County, while the lowest median tax rate is 0.45% in Towns County. Understanding how these cities compare with Camilla provides valuable insights into the varying tax landscape across Mitchell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Camilla Tax Rate
1.68%
Average Mitchell County Tax Rate
1.39%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Camilla, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31730 | 1.39% | 1.39% | 1.68% | 1.68% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Camilla, Georgia
In Camilla, 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 Mitchell 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 Camilla, 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 Camilla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Camilla are both $1,249, found in the 31730 zip code, illustrating the uniformity in property tax assessments within the area.
Average Camilla Assessed Value
$78,700
Average Mitchell County Assessed Value
$70,760
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Camilla, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31730 | $26,000 | $47,050 | $78,700 | $135,280 | $231,000 |
Source: Ownwell
Property Tax Bills Across Camilla, Georgia
In Camilla, located in Mitchell County, GA, property tax bills are determined based on the assessed value of a property. The assessed value is typically a percentage of the property's market value, which is calculated by the county tax assessor. Various factors influence the market value, including the property's location, size, and condition. The property tax rate, or millage rate, is then applied to the assessed value to calculate the tax bill. Homeowners in Camilla can expect their property tax bills to vary significantly. For instance, tax bills range from $742 at the 25th percentile to $3,398 at the 90th percentile. With a median home price of $78,700, the property tax rate in Camilla can be compared to the national median property tax rate of 0.99%. Homeowners in Camilla need to be aware of these factors, as property taxes can significantly impact their annual expenses, influencing decisions on budgeting and homeownership.
Average Camilla Tax Bill
$1,249
Average Mitchell County Tax Bill
$1,122
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Camilla, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31730 | $390 | $742 | $1,249 | $2,035 | $3,398 |
Source: Ownwell