Glascock County, Georgia Property Taxes
The median property tax rate in Glascock County is 1.04%, which is slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With the median home value in Glascock County at $71,330, the typical annual property tax bill is $736, significantly below the national median of $2,690. Property taxes in Glascock County are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. By understanding Glascock County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions, homeowners can achieve substantial annual savings. Whether you live in Gibson or another part of Glascock County, gaining a thorough understanding of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glascock County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$742
$688
Ownwell’s Glascock County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glascock County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Glascock County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Glascock County, Georgia
Property taxes in Glascock County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Glascock County is 1.04%, which is higher than the U.S. national median of 0.99%. Local government entities within Glascock County set these rates annually, and they can vary significantly between different areas within the county. Each year, Glascock County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Glascock County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Edge Hill has one of the higher property tax rates in Georgia at 1.09%, while the city of Warrenton boasts one of the lowest at 0.97%. Analyzing how Glascock County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Glascock County Tax Rate
1.04%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Glascock County, Georgia
In Glascock County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Glascock County Appraisal District. The assessed value, however, 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 in Glascock County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Glascock County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. For instance, Edge Hill has the highest median tax bill at $1,234, while Stapleton has the lowest at $641.
Average Glascock County Assessed Value
$71,330
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glascock County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Avera | N/A | N/A | N/A | N/A | N/A |
| Edge Hill | $53,629 | $76,977 | $112,190 | $133,239 | $138,396 |
| Gibson | $17,985 | $36,058 | $71,324 | $123,561 | $177,010 |
| Mitchell | $18,748 | $41,378 | $69,537 | $132,948 | $199,892 |
| Stapleton | $7,202 | $29,531 | $61,390 | $148,521 | $190,283 |
| Warrenton | $34,068 | $44,274 | $72,266 | $128,489 | $371,544 |
Source: Ownwell
Property Tax Bills Across Glascock County, Georgia
In Glascock County, GA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, and this percentage can vary. Factors such as property location, size, and improvements made to the home can influence its assessed value. Homeowners in Glascock County face varying tax bills, with the 25th percentile tax bill at $383 and the 75th percentile at $1,332. The 90th percentile tax bill reaches up to $1,929, indicating a significant range based on property values and assessments. For comparison, the national median property tax rate is 0.99%, but individual tax bills in Glascock County can be higher or lower depending on the specific assessed value of the property. For instance, Edge Hill has the highest median tax bill at $1,234, while Stapleton has the lowest at $641. These variations can significantly impact homeowners, influencing their annual financial planning and overall cost of homeownership.
Average Glascock County Tax Bill
$736
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690