Lowndes County, Georgia Property Taxes
The median property tax rate in Lowndes County is 1.19%, which is significantly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Lowndes County at $120,229, the typical annual property tax bill reaches $1,427, which is below the national median of $2,690. Property taxes in Lowndes County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Lowndes County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Valdosta or another part of Lowndes County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lowndes County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,431
$1,328
Ownwell’s Lowndes County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Lowndes County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Lowndes 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 Lowndes County, Georgia
Property taxes in Lowndes County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Lowndes County is 1.19%, which is higher than the U.S. national median of 0.99%. Local government entities within Lowndes County set these rates annually, and they can vary significantly between different areas within the county. Each year, Lowndes 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 Lowndes County's effective property tax rate with other areas in Georgia and the national median. For comparison, the city of Valdosta has one of the higher property tax rates in Georgia at 1.22%, while the city of Ray City boasts one of the lowest at 0.96%. Analyzing how Lowndes County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Lowndes County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Lowndes County, Georgia
In Lowndes 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 Lowndes 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 Lowndes 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. For instance, Lakeland has the highest median tax bill at $2,107, whereas Ray City has the lowest at $727. Being aware of these valuation processes in Lowndes County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Lowndes County Assessed Value
$120,229
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lowndes County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hahira | $65,345 | $109,437 | $186,087 | $261,560 | $344,758 |
| Lakeland | N/A | N/A | N/A | N/A | N/A |
| Lake Park | $59,443 | $98,430 | $148,155 | $214,496 | $292,504 |
| Naylor | $32,611 | $58,714 | $120,415 | $201,636 | $259,367 |
| Ray City | $31,349 | $49,735 | $81,937 | $134,701 | $212,137 |
| Valdosta | $30,605 | $56,895 | $107,688 | $172,554 | $256,510 |
Source: Ownwell
Property Tax Bills Across Lowndes County, Georgia
In Lowndes County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the tax bill, including the current market conditions, property improvements, and any applicable exemptions. For instance, the median home price in Lowndes County is $120,229, leading to a range of tax bills. Homeowners in the 25th percentile pay around $676, while those in the 75th percentile face bills of approximately $2,224. At the 90th percentile, the tax bill can reach up to $3,213. These variations significantly affect homeowners, as higher property values and improvements can lead to increased tax obligations. Comparing this to the national median property tax rate of 0.99%, Lowndes County homeowners experience a range of tax burdens, influenced by both local rates and property values.
Average Lowndes County Tax Bill
$1,427
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690