Naylor, Georgia Property Taxes
The median property tax rate in Naylor, GA is 1.22%, which is notably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $66,120 in Naylor, the typical annual property tax bill amounts to $745, still below the national median of $2,690. Property taxes in Naylor are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Naylor'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 Naylor or another part of Lanier County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Naylor, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$807
$783
Ownwell’s Naylor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Naylor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Naylor 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 Naylor, Georgia
Property taxes in Naylor, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Naylor is 1.22%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Naylor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Naylor 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 Naylor's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31641 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these areas compare with Naylor provides valuable insights into the varying tax landscape across Lanier County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Naylor Tax Rate
1.22%
Average Lanier County Tax Rate
1.27%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Naylor, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31641 | 0.71% | 1.08% | 1.22% | 1.27% | 1.27% |
Source: Ownwell
Property Tax Assessment Values Across Naylor, Georgia
In Naylor, 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 Lanier 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 Naylor, 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. The median home price in Naylor is $66,120, significantly below the national median. Homeowners in the 25th percentile can expect a tax bill around $331, while those in the 75th percentile might see bills as high as $1,466. The highest and lowest median tax bills are both in the 31641 zip code, standing at $745. 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 Naylor Assessed Value
$66,120
Average Lanier County Assessed Value
$72,982
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Naylor, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31641 | $14,760 | $30,784 | $66,120 | $127,975 | $191,069 |
Source: Ownwell
Property Tax Bills Across Naylor, Georgia
In Naylor, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Naylor is $66,120. Property tax rates in Naylor are influenced by Lanier County's tax policies, and the median property tax bill is $745.00. This figure is notably lower than the national median property tax rate of 0.99%. The tax bill homeowners receive is determined by multiplying the assessed value of their property by the local tax rate. Various factors, such as property improvements and changes in market conditions, can affect the assessed value. For instance, the tax bill at the 25th percentile is $331, while at the 75th percentile, it rises to $1,466, and at the 90th percentile, it reaches $2,177. These variations illustrate how different property values and assessments can significantly impact the amount homeowners are required to pay, affecting their financial planning and housing affordability.
Average Naylor Tax Bill
$745
Average Lanier County Tax Bill
$989
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Naylor, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31641 | $166 | $331 | $745 | $1,466 | $2,177 |
Source: Ownwell