Funston, Colquitt County, Georgia Property Taxes
Median Funston, GA effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Funston, GA home value: $46,759
Median annual Funston, GA tax bill: $418, $1,982 lower than the national median property tax bill of $2,400.
How are property taxes in Colquitt calculated?
Property taxes in Funston, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Funston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Funston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Funston, Colquitt County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$411
$382
Property Tax Rates Across Funston, Colquitt County, Georgia
Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Votes and laws play a role in setting tax rates and budgets, but this is the annual process in a nutshell.
In Funston, Colquitt County, the effective property tax rate is 0.88%, which is below the national median of 1.02%. This rate is consistent across the county, as the highest and lowest median tax rates are both 0.88% in the zip code 31753. This is a significant advantage for property owners in Funston, as they benefit from lower property tax rates compared to the national average.
Understanding how these rates are determined and how they compare to other areas can provide valuable insights for property owners looking to manage their tax liabilities effectively.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Funston Tax Rate
0.88%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Colquitt County Tax Rate
0.91%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Funston, Colquitt County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31753 | 0.78% | 0.85% | 0.88% | 0.99% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Funston, Colquitt County, Georgia
When examining property taxes in Funston, GA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Colquitt County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Colquitt County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Funston.
For example, the median home price in Funston is $46,759, with tax bills ranging significantly across the county. Zip code 31753 has the highest median home price at $46,759.
Property Tax Assessment Values Across Funston, Colquitt County, Georgia
Source: Ownwell
$33,824
$100,155
$166,486
Median Funston Market Value
$46,759
Median Colquitt County Market Value
$87,526
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Funston, Colquitt County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31753 | $6,548 | $28,428 | $46,759 | $106,785 | $150,631 |
Source: Ownwell
Property Tax Bills Across Funston, Colquitt County, Georgia
Median Funston Tax Bill
$418
Median Colquitt County Tax Bill
$845
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Funston, Colquitt County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31753 | $68 | $237 | $418 | $887 | $1,443 |
Source: Ownwell