Pavo, Georgia Property Taxes
The median property tax rate in Pavo, GA is 0.83%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $107,421 in Pavo, the typical annual property tax bill comes to $835, significantly below the national median of $2,690. Property taxes in Pavo are calculated based on the tax assessed value, which is often less than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Pavo's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Pavo or another part of Colquitt County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pavo, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$892
$866
Ownwell’s Pavo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pavo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pavo 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 Pavo, Georgia
Property taxes in Pavo, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pavo is 0.83%, which is lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Pavo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pavo 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 Pavo's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31778 zip code has both the highest and lowest median property tax rates at 0.83%. Understanding how these cities compare with Pavo 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 Pavo Tax Rate
0.83%
Average Colquitt County Tax Rate
0.91%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pavo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31778 | 0.48% | 0.75% | 0.83% | 0.90% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Pavo, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Pavo, 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 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 Pavo, 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. Being aware of these valuation processes in Pavo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Pavo is $835 in the zip code 31778, while the lowest median tax bill is also $835 in the same zip code.
Average Pavo Assessed Value
$107,421
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 Pavo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31778 | $33,223 | $42,440 | $107,421 | $184,931 | $274,843 |
Source: Ownwell
Property Tax Bills Across Pavo, Georgia
In Pavo, located in Colquitt County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Homeowners in Pavo see a median property tax bill of $835, which is determined by multiplying the assessed value by the local tax rate. This tax rate is influenced by various factors, including the county’s budgetary needs and the value of properties within the area. For instance, the median home price in Pavo is $107,421, which means the assessed value would be a fraction of this amount. The tax bill can vary significantly, with the 25th percentile paying around $349 and the 90th percentile paying up to $2332. These variations are due to differences in property values and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Pavo’s property taxes can be considered relatively moderate, providing a balanced approach for homeowners while supporting local services and infrastructure.
Average Pavo Tax Bill
$835
Average Colquitt County Tax Bill
$845
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Pavo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31778 | $239 | $349 | $835 | $1,305 | $2,332 |
Source: Ownwell