Stockton, Georgia Property Taxes
The median property tax rate in Stockton, Georgia 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 Stockton, the typical annual property tax bill reaches $550, which is significantly lower than the national median of $2,690. Property taxes in Stockton 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 Stockton'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 Stockton 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
Stockton, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$551
$512
Ownwell’s Stockton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stockton with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Stockton to project your property tax bill. This valuable tool provides a clear understanding of potential tax liabilities. For those interested in neighborhood-specific trends, more localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Stockton, Georgia
Property taxes in Stockton, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stockton is 1.39%, higher than the U.S. national median of 0.99%. Local government entities within Stockton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stockton 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 Stockton's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31649 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 Stockton 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 Stockton 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 Stockton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31649 | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Stockton, Georgia
In Stockton, 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. In Stockton, 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 Stockton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 31649 has the highest and lowest median tax bill of $550.00.
Average Stockton Assessed Value
$39,675
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 Stockton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31649 | $18,550 | $28,850 | $39,675 | $57,956 | $112,895 |
Source: Ownwell
Property Tax Bills Across Stockton, Georgia
In Stockton, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the home's market value. For example, if the median home price in Stockton is $39,675, the assessed value is a fraction of this amount. The local tax rate, applied to the assessed value, determines the final tax bill. Several factors influence the property tax bill, including the property's location, size, and any applicable exemptions. In Stockton, the 25th percentile tax bill is around $400, while the 75th percentile tax bill is $803. At the higher end, the 90th percentile tax bill reaches $1,564. These figures show that property taxes can vary significantly based on the specific characteristics of each property. For homeowners, understanding these factors is crucial as property taxes impact annual housing costs. Comparing these local rates to the national median property tax rate of 0.99% can help homeowners gauge how their tax burden measures up.
Average Stockton Tax Bill
$550
Average Echols County Tax Bill
$559
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Stockton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31649 | $257 | $400 | $550 | $803 | $1,564 |
Source: Ownwell