Patterson, Georgia Property Taxes
The median property tax rate in Patterson, GA is 1.27%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Patterson, the typical annual property tax bill reaches $809, which is significantly lower than the national median of $2,690. Property taxes in Patterson 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 Patterson'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 Patterson 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
Patterson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$665
$617
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 essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Patterson is 1.27%, significantly higher 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 1.27%, while the same zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with Patterson provides valuable insights into the varying tax landscape across Brantley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Patterson Tax Rate
1.27%
Average Brantley County Tax Rate
1.30%
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 | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
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 Brantley 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 and lowest median tax bills in the area are both $809, found in the 31557 zip code.
Average Patterson Assessed Value
$52,335
Average Brantley County Assessed Value
$59,670
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 | $13,523 | $26,791 | $52,335 | $97,853 | $160,285 |
Source: Ownwell
Property Tax Bills Across Patterson, Georgia
In Patterson, located in Brantley County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Patterson is $52,335. The tax rate in Brantley County is applied to this assessed value to determine the annual tax bill. Factors such as local tax rates, property assessments, and any applicable exemptions influence the final amount. For homeowners in Patterson, the property tax bills are relatively consistent, with the 25th, 75th, and 90th percentiles all paying around $809 annually. This figure is significantly higher than the national median property tax rate of 0.99%, highlighting the importance of understanding local tax obligations. The consistent tax bill across different percentiles indicates a uniform assessment process in the area. Homeowners need to be aware of these costs as they contribute to the overall expense of homeownership, impacting budgeting and financial planning.
Average Patterson Tax Bill
$809
Average Brantley County Tax Bill
$757
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 | $809 | $809 | $809 | $809 | $809 |
Source: Ownwell