Yatesville, Georgia Property Taxes
The median property tax rate in Yatesville, GA is 0.93%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $93,655 in Yatesville, the typical annual property tax bill is around $871, which is substantially lower than the national median of $2,690. Property taxes in Yatesville are calculated based on the assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Yatesville'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 Yatesville 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
Yatesville, 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 Yatesville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Yatesville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Yatesville 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 Yatesville, Georgia
Property taxes in Yatesville, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Yatesville is 0.93%, which is slightly below the U.S. national median of 0.99%. Local government entities within Yatesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Yatesville 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 Yatesville's effective property tax rate to other areas in Upson County and the national median. For comparison, the zip code 31097 has both the highest and lowest median property tax rate of 0.93%. Understanding how these cities compare with Yatesville provides valuable insights into the varying tax landscape across Upson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Yatesville Tax Rate
0.93%
Average Upson County Tax Rate
1.06%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Yatesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31097 | 0.33% | 0.58% | 0.93% | 1.26% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Yatesville, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Yatesville, 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 Upson 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 Yatesville, 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. This awareness helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Yatesville are both $871, found in the 31097 zip code.
Average Yatesville Assessed Value
$93,655
Average Upson County Assessed Value
$90,355
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Yatesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31097 | $29,535 | $58,026 | $93,655 | $162,304 | $260,031 |
Source: Ownwell
Property Tax Bills Across Yatesville, Georgia
In Yatesville, located in Upson County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is typically a percentage of the market value of the property. Homeowners in Yatesville can expect property tax bills that vary significantly, reflecting the diversity in home values and assessments. For instance, the tax bill at the 25th percentile is $409, while at the 75th percentile, it rises to $1,603, and at the 90th percentile, it reaches $2,516. These figures illustrate how property tax obligations can fluctuate based on the assessed value of the property. The median home price in Yatesville is $93,655, which helps to contextualize these tax amounts. Comparatively, the national median property tax rate is 0.99%, indicating that Yatesville's property tax rates are relatively aligned with national trends. Homeowners in Yatesville should be aware of these factors as they influence the overall cost of homeownership and can impact financial planning and budgeting.
Average Yatesville Tax Bill
$871
Average Upson County Tax Bill
$932
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Yatesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31097 | $164 | $409 | $871 | $1,603 | $2,516 |
Source: Ownwell