Fitzgerald, Georgia Property Taxes
The median property tax rate in Fitzgerald, GA is 1.20%, which is considerably higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Fitzgerald at $94,405, the typical annual property tax bill reaches $1,080, still below the national median of $2,690. Property taxes in Fitzgerald 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 Fitzgerald'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 Fitzgerald or another part of Irwin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fitzgerald, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,133
$1,051
Ownwell’s Fitzgerald Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fitzgerald with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fitzgerald 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 Fitzgerald, Georgia
Property taxes in Fitzgerald, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fitzgerald is 1.20%, higher than the U.S. national median of 0.99%. Local government entities within Fitzgerald set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fitzgerald 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 Fitzgerald's effective property tax rate to other areas and the national median. For comparison, the 31750 zip code has both the highest and lowest median property tax rate of 1.20%. Understanding how these areas compare with Fitzgerald provides valuable insights into the varying tax landscape across Irwin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fitzgerald Tax Rate
1.20%
Average Irwin County Tax Rate
1.23%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fitzgerald, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31750 | 0.77% | 1.05% | 1.20% | 1.26% | 1.26% |
Source: Ownwell
Property Tax Assessment Values Across Fitzgerald, Georgia
In Fitzgerald, 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 local 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 in Fitzgerald 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 Fitzgerald helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Fitzgerald is $1080 in zip code 31750, which is the same as the lowest median tax bill.
Average Fitzgerald Assessed Value
$94,405
Average Irwin County Assessed Value
$67,066
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fitzgerald, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31750 | $30,787 | $53,408 | $94,405 | $166,939 | $262,903 |
Source: Ownwell
Property Tax Bills Across Fitzgerald, Georgia
In Fitzgerald, located in Irwin County, GA, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of the market value. Homeowners in this region experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $602, while at the 75th percentile, it rises to $1765. The 90th percentile tax bill can be as high as $2606. The median home price in Fitzgerald is $94,405, and the median property tax bill is $1080, which is slightly above the national median property tax rate of 0.99%. Factors influencing the tax bill include the property's assessed value and local tax rates. These taxes fund essential services such as public schools, infrastructure, and emergency services, directly impacting the quality of life for homeowners. Understanding these factors can help property owners anticipate their annual tax obligations and budget accordingly.
Average Fitzgerald Tax Bill
$1,080
Average Irwin County Tax Bill
$893
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Fitzgerald, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31750 | $345 | $602 | $1,080 | $1,765 | $2,606 |
Source: Ownwell