Saint Marys, Georgia Property Taxes
The median property tax rate in Saint Marys, GA is 1.20%, which is considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $241,240 in Saint Marys, the typical annual property tax bill reaches $2,698, slightly exceeding the national median of $2,690. Property taxes in Saint Marys are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Marys' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Marys 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
Saint Marys, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,895
$2,686
Ownwell’s Saint Marys Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saint Marys with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Marys 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 Camden County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Saint Marys, Georgia
Property taxes in Saint Marys, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Marys is 1.20%, significantly higher than the U.S. national median of 0.99%. Local government entities within Saint Marys set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Marys 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 Saint Marys' effective property tax rate to other counties in Georgia and the national median. For comparison, the 31558 zip code has both the highest and lowest median property tax rate of 1.20%. Understanding how these cities compare with Saint Marys provides valuable insights into the varying tax landscape across Camden County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Marys Tax Rate
1.20%
Average Camden County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Marys, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31558 | 1.02% | 1.17% | 1.20% | 1.25% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Saint Marys, Georgia
In Saint Marys, 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 Camden 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 Saint Marys, 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. For instance, the median home price in Saint Marys is $241,240, with tax bills ranging from $2,048 at the 25th percentile to $4,018 at the 75th percentile. The highest and lowest median tax bills are both $2,698 in the 31558 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Saint Marys Assessed Value
$241,240
Average Camden County Assessed Value
$230,457
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Marys, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31558 | $136,088 | $180,416 | $241,240 | $337,625 | $474,346 |
Source: Ownwell
Property Tax Bills Across Saint Marys, Georgia
In Saint Marys, located in Camden County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. Homeowners in this region see tax bills that reflect this assessed value, combined with the local tax rate. For instance, the median home price in Saint Marys is $241,240, and property tax bills can vary significantly. The 25th percentile tax bill is around $2,048, while the 75th percentile tax bill can reach up to $4,018, and the 90th percentile tax bill peaks at $5,868. These tax bills are influenced by various factors, including the home's assessed value and the local tax rate. Comparatively, the national median property tax rate stands at 0.99%, indicating that Saint Marys residents might experience different tax burdens based on their property's assessed value. For homeowners, understanding these factors is crucial as they directly impact annual financial planning and the overall cost of owning a home in this scenic Georgian city.
Average Saint Marys Tax Bill
$2,698
Average Camden County Tax Bill
$2,587
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Marys, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31558 | $1,415 | $2,048 | $2,698 | $4,018 | $5,868 |
Source: Ownwell