Garden City, Georgia Property Taxes
The median property tax rate in Garden City, GA is 1.37%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Garden City at $153,000, the typical annual property tax bill reaches $2,100, which is below the national median of $2,690. Property taxes in Garden City 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 Garden City'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 Garden City 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
Garden City, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$2,096
$1,945
Ownwell’s Garden City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Garden City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Garden City 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 Garden City, Georgia
Property taxes in Garden City, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Garden City is 1.37%, significantly higher than the U.S. national median of 0.99%. Local government entities within Garden City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Garden City 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 Garden City's effective property tax rate to other areas in Georgia and the national median. For comparison, the 31408 zip code has the highest median property tax rate of 1.37%, while the 31408 zip code also has the lowest median tax rate of 1.37%. Understanding how these areas compare with Garden City provides valuable insights into the varying tax landscape across Chatham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garden City Tax Rate
1.37%
Average Chatham County Tax Rate
0.97%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garden City, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31408 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Garden City, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Garden City, Georgia. 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 Chatham 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. Assessment notices in Garden City 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 Garden City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Garden City are both $2100, specifically in the 31408 zip code.
Average Garden City Assessed Value
$153,000
Average Chatham County Assessed Value
$207,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garden City, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31408 | $153,000 | $153,000 | $153,000 | $153,000 | $153,000 |
Source: Ownwell
Property Tax Bills Across Garden City, Georgia
In Garden City, GA, property tax bills are calculated based on the assessed value of your home. The assessed value is typically a percentage of the market value, which is determined by the local tax assessor. In Chatham County, where Garden City is located, the median home price is $153,000. The property tax rate is then applied to this assessed value to determine your tax bill. Several factors influence the assessed value, including the property's location, size, and condition. In Garden City, the property tax bill is consistently around $2,100, as indicated by the 25th, 75th, and 90th percentiles all showing the same value. This suggests a uniformity in tax assessments across different properties within the area. For homeowners, this means a predictable and relatively stable tax bill, which can be beneficial for budgeting and financial planning. However, it's essential to stay informed about any changes in property values or tax rates, as these can affect your overall tax obligation. Compared to the national median property tax rate of 0.99%, Garden City's tax rate offers a competitive landscape for homeowners.
Average Garden City Tax Bill
$2,100
Average Chatham County Tax Bill
$1,873
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Garden City, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31408 | $2,100 | $2,100 | $2,100 | $2,100 | $2,100 |
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 |
Links | |
|---|---|
| Chatham Assessor's Office | |
| Website | www.chathamtax.org |