Nicholls, Georgia Property Taxes
The median property tax rate in Nicholls, GA is 0.89%, 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 Nicholls at $31,978, the typical annual property tax bill amounts to $259, significantly below the national median of $2,690. Property taxes in Nicholls are calculated based on the tax assessed value, often lower than the market value due to exemptions like primary residence and agricultural exemptions. Understanding Nicholls' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Nicholls or another part of Coffee County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nicholls, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$285
$264
Ownwell’s Nicholls Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Nicholls with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Nicholls 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 Nicholls, Georgia
Property taxes in Nicholls, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Nicholls is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Nicholls set these rates annually, and they can vary significantly across different neighborhoods. Each year, Nicholls 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 Nicholls' effective property tax rate to other counties in Georgia and the national median. For comparison, the 31554 zip code has the highest median property tax rate of 0.89%, while the 31554 zip code also has the lowest median tax rate of 0.89%. Understanding how these cities compare with Nicholls provides valuable insights into the varying tax landscape across Coffee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Nicholls Tax Rate
0.89%
Average Coffee County Tax Rate
0.89%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nicholls, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31554 | 0.32% | 0.62% | 0.89% | 0.97% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Nicholls, Georgia
In Nicholls, 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 Coffee 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 Nicholls 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. Nicholls has a median home price of $31,978. The tax bill can vary significantly, with the 25th percentile tax bill at $115, while the 75th percentile tax bill is $619. Notably, the highest and lowest median tax bills in Nicholls are both $259, found in the zip code 31554. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to effectively manage the tax burden.
Average Nicholls Assessed Value
$31,978
Average Coffee County Assessed Value
$48,124
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nicholls, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31554 | $8,073 | $15,056 | $31,978 | $91,642 | $180,558 |
Source: Ownwell
Property Tax Bills Across Nicholls, Georgia
In Nicholls, Coffee County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the property's market value. For instance, with a median home price of $31,978, the property taxes are relatively low compared to the national median property tax rate of 0.99%. Local tax authorities determine the tax rate, which is applied to the assessed value to calculate the tax bill. Homeowners in Nicholls can expect tax bills to vary widely. The 25th percentile tax bill is around $115, while the 75th percentile tax bill reaches $619. For those at the higher end, the 90th percentile tax bill can be as much as $1,196. The highest and lowest median tax bills both stand at $259 in the ZIP code 31554, indicating a consistent tax rate across the area. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents. Lower property taxes in Nicholls can be an attractive factor for potential homeowners looking for affordable living options.
Average Nicholls Tax Bill
$259
Average Coffee County Tax Bill
$367
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Nicholls, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31554 | $64 | $115 | $259 | $619 | $1,196 |
Source: Ownwell