Lizella, Georgia Property Taxes
The median property tax rate in Lizella, GA is 1.20%, which is notably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value in Lizella, the typical annual property tax bill reaches $1,086, surpassing the national median of $2,690. Property taxes in Lizella are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Lizella'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 Lizella 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
Lizella, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Lizella Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lizella with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lizella 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 Lizella, Georgia
Property taxes in Lizella, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lizella is 1.20%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Lizella set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lizella 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 Lizella's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31052 zip code has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Lizella provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lizella Tax Rate
1.20%
Average Crawford County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lizella, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31052 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Lizella, Georgia
In Lizella, 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 for tax purposes by the local appraisal district. 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 Lizella, 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 Lizella is $90,716, with tax bills ranging from $530 at the 25th percentile to $2,588 at the 90th percentile. The highest and lowest median tax bills are both $1,086, found in the 31052 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 Lizella Assessed Value
$90,716
Average Crawford County Assessed Value
$75,482
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lizella, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31052 | $22,987 | $44,413 | $90,716 | $154,766 | $219,201 |
Source: Ownwell
Property Tax Bills Across Lizella, Georgia
In Lizella, property tax bills are determined by assessing the value of a home and applying the local tax rate. The assessed value is a percentage of the market value of the property, which is then multiplied by the tax rate set by Crawford County. This rate is crucial in calculating the final tax bill that homeowners receive. For example, with a median home price of $90,716, homeowners in Lizella can expect a tax bill that varies significantly based on their property's assessed value and applicable exemptions. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Lizella typically see tax bills ranging from $530 at the 25th percentile to $1,849 at the 75th percentile, with the highest bills reaching up to $2,588 at the 90th percentile. These taxes contribute to local services and infrastructure, impacting the overall cost of homeownership. Compared to the national median property tax rate of 0.99%, Lizella’s tax bills reflect a localized approach to funding community needs.
Average Lizella Tax Bill
$1,086
Average Crawford County Tax Bill
$910
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Lizella, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31052 | $268 | $530 | $1,086 | $1,849 | $2,588 |
Source: Ownwell