Ellenton, Georgia Property Taxes
The median property tax rate in Ellenton, GA is 1.15%, which is higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Ellenton, the typical annual property tax bill reaches $410, significantly lower than the national median of $2,690. Property taxes in Ellenton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ellenton'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 Ellenton 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
Ellenton, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$389
$378
Ownwell’s Ellenton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellenton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellenton 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 Ellenton, Georgia
Property taxes in Ellenton, Georgia, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellenton is 1.15%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Ellenton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellenton 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 Ellenton's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31747 zip code has both the highest and lowest median property tax rate of 1.15%. Understanding how these cities compare with Ellenton provides valuable insights into the varying tax landscape across Colquitt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellenton Tax Rate
1.15%
Average Colquitt County Tax Rate
0.91%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellenton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31747 | 0.90% | 1.04% | 1.15% | 1.50% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Ellenton, Georgia
In Ellenton, 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 Colquitt 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 Ellenton, 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. The median home price in Ellenton is $33,824, with tax bills ranging from $208 at the 25th percentile to $963 at the 90th percentile. The highest and lowest median tax bills are both $410, found in the 31747 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Ellenton Assessed Value
$33,824
Average Colquitt County Assessed Value
$87,526
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ellenton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31747 | $9,190 | $17,914 | $33,824 | $57,728 | $91,090 |
Source: Ownwell
Property Tax Bills Across Ellenton, Georgia
In Ellenton, Colquitt County, GA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Ellenton is $33,824, and property tax rates are applied to this assessed value to calculate the annual tax bill. Various factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners in Ellenton, the tax bill can vary significantly. The 25th percentile tax bill is around $208, while the 75th percentile tax bill is approximately $655. At the higher end, the 90th percentile tax bill reaches up to $963. These figures illustrate the range of property tax burdens that homeowners might face, depending on the value of their property and the specific tax rates applied. Compared to the national median property tax rate of 0.99%, Ellenton’s property tax rates are relatively moderate, offering some relief to homeowners. Understanding these factors can help homeowners better anticipate their annual property tax obligations and manage their finances accordingly.
Average Ellenton Tax Bill
$410
Average Colquitt County Tax Bill
$845
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellenton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31747 | $133 | $208 | $410 | $655 | $963 |
Source: Ownwell