Collins, Georgia Property Taxes
The median property tax rate in Collins, GA is 1.09%, slightly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Collins, the typical annual property tax bill reaches $858, which is below the national median of $2,690. Property taxes in Collins 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 Collins'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 Collins 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
Collins, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$841
$817
Ownwell’s Collins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Collins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Collins 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 Collins, Georgia
Property taxes in Collins, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Collins is 1.09%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Collins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Collins 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 Collins' effective property tax rate to other counties in Georgia and the national median. For comparison, the 30421 zip code has the highest median property tax rate of 1.09%, while the same zip code also has the lowest median tax rate of 1.09%. Understanding how these areas compare with Collins provides valuable insights into the varying tax landscape across Tattnall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Collins Tax Rate
1.09%
Average Tattnall County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Collins, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30421 | 1.09% | 1.09% | 1.09% | 1.09% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Collins, Georgia
In Collins, 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 Tattnall 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. Assessment notices in Collins 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 Collins helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 30421 has both the highest and lowest median tax bill, valued at $858.00.
Average Collins Assessed Value
$77,175
Average Tattnall County Assessed Value
$86,100
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Collins, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30421 | $20,850 | $35,878 | $77,175 | $152,180 | $249,250 |
Source: Ownwell
Property Tax Bills Across Collins, Georgia
In Collins, located in Tattnall 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 median home price in Collins is $77,175. Tax rates are applied to this assessed value to determine the annual tax bill. For instance, homeowners in the 25th percentile can expect to pay around $401, while those in the 75th percentile might see bills closer to $1,632. At the higher end, in the 90th percentile, tax bills can reach up to $2,611. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and public safety. Comparing this to the national median property tax rate of 0.99%, residents of Collins experience a varied range of tax burdens depending on their property's assessed value. The highest and lowest median tax bills in the area both sit at $858, reflecting the specific economic conditions and property values within the zip code 30421.
Average Collins Tax Bill
$858
Average Tattnall County Tax Bill
$1,014
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Collins, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30421 | $232 | $401 | $858 | $1,632 | $2,611 |
Source: Ownwell