Patterson, Georgia Property Taxes
The median property tax rate in Patterson, GA is 0.71%, notably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $117,562 in Patterson, the typical annual property tax bill is approximately $684, significantly below the national median of $2,690. Property taxes in Patterson are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. By understanding Patterson's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're in the heart of Patterson or another part of Appling County, a thorough understanding of the local property tax system is crucial for maximizing financial benefits.
Last Updated June 14, 2024
Patterson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.71%
Estimate Property Tax Bill
$835
$775
Ownwell’s Patterson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Patterson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Patterson 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 Patterson, Georgia
Property taxes in Patterson, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Patterson is 0.71%, lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Patterson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Patterson 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 Patterson's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31557 zip code has the highest median property tax rate of 0.71%, while the 31557 zip code also has the lowest median tax rate of 0.71%. Understanding how these cities compare with Patterson provides valuable insights into the varying tax landscape across Appling County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Patterson Tax Rate
0.71%
Average Appling County Tax Rate
0.99%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Patterson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31557 | 0.22% | 0.42% | 0.71% | 0.99% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Patterson, Georgia
In Patterson, 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 Appling 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 Patterson, 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 Patterson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $684 in the 31557 zip code, while the lowest median tax bill is also $684 in the same zip code.
Average Patterson Assessed Value
$117,562
Average Appling County Assessed Value
$61,547
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Patterson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31557 | $54,457 | $71,115 | $117,562 | $203,553 | $262,923 |
Source: Ownwell
Property Tax Bills Across Patterson, Georgia
In Patterson, GA, property tax bills are calculated based on the assessed value of a property, 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 example, in Appling County, where Patterson is located, the median home price is $117,562. Tax bills can vary widely; the 25th percentile tax bill is $352, while the 75th percentile reaches $1,666, and the 90th percentile can be as high as $2,071. Several factors influence the tax bill, including property size, location, and any applicable exemptions. For homeowners, this means that property taxes can significantly impact annual expenses. Compared to the national median property tax rate of 0.99%, Patterson's tax rates can provide a more affordable option for homeowners, although the exact burden will vary based on individual property assessments and local tax policies. This variability highlights the importance of understanding how property taxes are calculated and the potential benefits of appealing assessments when necessary.
Average Patterson Tax Bill
$684
Average Appling County Tax Bill
$389
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Patterson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31557 | $130 | $352 | $684 | $1,666 | $2,071 |
Source: Ownwell