Yatesville, Lamar County, Georgia Property Taxes

Name: Property Tax Bills Across Yatesville, Lamar County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Yatesville, GA effective property tax rate: 1.27%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Yatesville, GA home value: $236,166
Median annual Yatesville, GA tax bill: $2,991, $591 higher than the national median property tax bill of $2,400.

How are property taxes in Lamar calculated?

Property taxes in Yatesville, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Yatesville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Yatesville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Yatesville, Lamar County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.27%

Estimate Property Tax Bill

$2,999

$2,783

Ownwell’s Yatesville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Yatesville with just two data points. By entering your property's estimated assessed value, our calculator applies Yatesville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lamar County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Yatesville, Lamar County, Georgia

Local government entities determine property tax rates, which can differ significantly within a state. Each county estimates its annual budget to fund necessary services and divides this by the total assessed value of all taxable properties within its jurisdiction. This calculation establishes the property tax rate. While votes and legislation play roles in setting these rates and budgets, this process is essentially how it unfolds each year.

In Yatesville, located in Lamar County, Georgia, the effective property tax rate is 1.27%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities in Georgia, Yatesville's rate is consistent within the state, reflecting the highest and lowest median tax rates in its zip code. The national median property tax bill is $2,400, and understanding how Yatesville's rate compares can help property owners anticipate their tax obligations.

Being informed about these rates not only aids in financial planning but also highlights the importance of appealing property tax assessments when necessary.

Property Tax Rates Across Yatesville, Lamar County, Georgia

Source: Ownwell

1.27%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Yatesville Tax Rate

1.27%

Median Effective Lamar County Tax Rate

1.27%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Yatesville, Lamar County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
31097	1.27%	1.27%	1.27%	1.27%	1.27%

Source: Ownwell

Property Tax Assessment Values Across Yatesville, Lamar County, Georgia

When examining property taxes in Yatesville, GA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lamar County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Lamar County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Yatesville. For example, the median home price in Yatesville is $236,166, with tax bills ranging significantly across the county. Zip code 31097 has the highest median home price at $236,166.

Property Tax Assessment Values Across Yatesville, Lamar County, Georgia

Source: Ownwell

$55,272

$145,719

$236,166

Median Yatesville Market Value

$236,166

Median Lamar County Market Value

$156,221

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Yatesville, Lamar County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
31097	$69,482	$126,745	$236,166	$338,376	$451,604

Source: Ownwell

Property Tax Bills Across Yatesville, Lamar County, Georgia

In Yatesville, GA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which can fluctuate based on local real estate trends. Factors such as property size, location, and improvements can influence the assessed value, thereby impacting the overall tax bill. For homeowners, this can mean a significant financial obligation, with the tax bill ranging from $1,594 at the 25th percentile to $5,719 at the 90th percentile. Compared to the national median property tax bill of $2,400, Yatesville's tax bills can be relatively high. Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners potentially reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in securing a fairer tax bill, ensuring they only pay their equitable share. This can lead to substantial savings and financial relief for property owners in Yatesville.

Property Tax Bills Across Yatesville, Lamar County, Georgia

Source: Ownwell

$700

$1,846

$2,991

Median Yatesville Tax Bill

$2,991

Median Lamar County Tax Bill

$2,035

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Yatesville, Lamar County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
31097	$880	$1,594	$2,991	$4,271	$5,719

Source: Ownwell