Statham, Georgia Property Taxes
The median property tax rate in Statham, GA is 0.83%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Statham at $255,650, the typical annual property tax bill is $2,083, falling below the national median of $2,690. Property taxes in Statham are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Statham'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 Statham or another part of Barrow County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Statham, 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 Statham Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Statham with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Statham to provide an accurate estimate of 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 Barrow County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Statham, Georgia
Property taxes in Statham, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Statham is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Statham set these rates annually, and they can vary significantly across different neighborhoods. Each year, Statham 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 Statham's effective property tax rate to other areas in Georgia and the national median. For comparison, the 30666 zip code has the highest and lowest median property tax rate of 0.83%. Understanding how these areas compare with Statham provides valuable insights into the varying tax landscape across Barrow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Statham Tax Rate
0.83%
Average Barrow County Tax Rate
0.85%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Statham, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30666 | 0.66% | 0.76% | 0.83% | 0.92% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Statham, Georgia
In Statham, 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 Barrow 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 Statham, 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 Statham helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Statham is 30666, with a value of $2083.
Average Statham Assessed Value
$255,650
Average Barrow County Assessed Value
$263,792
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Statham, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30666 | $111,403 | $186,725 | $255,650 | $352,001 | $582,491 |
Source: Ownwell
Property Tax Bills Across Statham, Georgia
In Statham, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. For instance, a home with a median price of $255,650 would have its assessed value determined by local assessment practices. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. This rate can vary but is influenced by the needs of the county and city budgets. Factors such as property location, improvements, and exemptions also play a crucial role in determining the final tax bill. In Barrow County, tax bills can range significantly. For example, the 25th percentile tax bill is $1,491, while the 75th percentile tax bill is $2,945. At the higher end, the 90th percentile tax bill reaches $4,993. These figures illustrate the variability in tax obligations, which can impact homeowners' financial planning and overall cost of living. Understanding these factors is essential for homeowners to anticipate and manage their property tax liabilities effectively.
Average Statham Tax Bill
$2,083
Average Barrow County Tax Bill
$2,206
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Statham, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30666 | $684 | $1,491 | $2,083 | $2,945 | $4,993 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
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