Statenville, Georgia Property Taxes
The median property tax rate in Statenville, GA is 1.39%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Statenville, the typical annual property tax bill reaches $288, which is below the national median of $2,690. Property taxes in Statenville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Statenville'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 Statenville 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
Statenville, 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 Statenville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Statenville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Statenville 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 Statenville, Georgia
Property taxes in Statenville, Georgia, are essential for funding key local services such as public schools, road maintenance, and emergency services. The median tax rate in Statenville is 1.39%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Statenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Statenville 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 Statenville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31648 zip code has the highest median property tax rate of 1.39%, while the same zip code also has the lowest median tax rate of 1.39%. Understanding how these cities compare with Statenville provides valuable insights into the varying tax landscape across Echols County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Statenville Tax Rate
1.39%
Average Echols County Tax Rate
1.39%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Statenville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31648 | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Statenville, Georgia
In Statenville, 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 Echols 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 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. In Statenville, the median home price is $20,810, with tax bills ranging from $134 at the 25th percentile to $1,130 at the 90th percentile. The highest and lowest median tax bills in the area are both $288, located in the 31648 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Statenville Assessed Value
$20,810
Average Echols County Assessed Value
$40,335
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Statenville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31648 | $6,000 | $9,750 | $20,810 | $44,490 | $81,574 |
Source: Ownwell
Property Tax Bills Across Statenville, Georgia
In Statenville, GA, property tax bills are determined based on the assessed value of a property, which is a percentage of its market value. The median home price in Statenville is $20,810. Homeowners in Echols County typically see tax bills ranging from $134 at the 25th percentile to $1,130 at the 90th percentile. The highest and lowest median tax bill both stand at $288 in the 31648 zip code, indicating a relatively uniform tax rate across the area. Several factors influence the final tax bill, including the assessed value of the property, local tax rates, and any applicable exemptions. These elements combine to determine how much homeowners owe annually. Compared to the national median property tax rate of 0.99%, Statenville's tax rates can have varying impacts on residents, depending on their property's assessed value. For homeowners, understanding these factors is crucial for budgeting and financial planning, as property taxes represent a significant recurring expense.
Average Statenville Tax Bill
$288
Average Echols County Tax Bill
$559
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Statenville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31648 | $83 | $134 | $288 | $616 | $1,130 |
Source: Ownwell