Smithville, Lee County, Georgia Property Taxes
Median Smithville, GA effective property tax rate: 1.13%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%. Median Smithville, GA home value: $73,220. Median annual Smithville, GA tax bill: $761, $1,639 lower than the national median property tax bill of $2,400.
How are property taxes in Lee County calculated?
Property taxes in Smithville, 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 Smithville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Smithville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Smithville, Lee County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.13%
Estimate Property Tax Bill
$827
$768
Property Tax Rates Across Smithville, Lee County, Georgia
Local government entities determine property tax rates, which can vary significantly within Georgia. Each county annually estimates the necessary budget to provide essential services and divides that by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the yearly process.
Smithville in Lee County, Georgia, has a property tax rate that reflects this calculation. When comparing Smithville's effective property tax rate to other cities in Georgia, it's important to consider both local and national contexts. The median property tax rate in Georgia is 1.13%, which is slightly above the national median rate of 1.02%. This means that property owners in Smithville may experience higher property tax rates compared to the national average. However, understanding these rates in the context of local services and budgets can provide a clearer picture of how property taxes are determined and utilized.
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 Smithville Tax Rate
1.13%
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 Lee County Tax Rate
1.13%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Smithville, Lee County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31787 | 0.77% | 1.03% | 1.13% | 1.13% | 1.39% |
Source: Ownwell
Property Tax Assessment Values Across Smithville, Lee County, Georgia
When examining property taxes in Smithville, 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 Lee County Board of Assessors 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 Lee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Smithville. For example, the median home price in Smithville is $73,220, with tax bills ranging significantly across the county. 31787 has the highest median home price at $73,220.
Property Tax Assessment Values Across Smithville, Lee County, Georgia
Source: Ownwell
$73,220
$148,910
$224,600
Median Smithville Market Value
$73,220
Median Lee County Market Value
$158,600
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Smithville, Lee County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31787 | $11,717 | $31,455 | $73,220 | $133,162 | $274,800 |
Source: Ownwell
Property Tax Bills Across Smithville, Lee County, Georgia
Median Smithville Tax Bill
$761
Median Lee County Tax Bill
$1,734
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Smithville, Lee County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31787 | $141 | $344 | $761 | $1,410 | $2,778 |
Source: Ownwell