Soperton, Montgomery County, Georgia Property Taxes
The median property tax rate in Soperton, GA is 1.14%, higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Soperton, the typical annual property tax bill reaches $1,169, which is below the national median of $2,690. Property taxes in Soperton 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 Soperton'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 Soperton or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Soperton, Montgomery County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$1,153
$1,070
Ownwell’s Soperton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Soperton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Soperton 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 Soperton, Montgomery County, Georgia
Property taxes in Soperton, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Soperton is 0.99%, which aligns precisely with the U.S. national median of 0.99%. Local government entities within Soperton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Soperton 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 Soperton's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30457 zip code has the highest median property tax rate of 1.14%, while the same 30457 zip code also has the lowest median tax rate of 1.14%. Understanding how these areas compare with Soperton provides valuable insights into the varying tax landscape across Treutlen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Soperton Tax Rate
1.14%
Average Montgomery County Tax Rate
1.16%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Soperton, Montgomery County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30457 | 0.79% | 0.94% | 1.14% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Soperton, Montgomery County, Georgia
In Soperton, 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 Montgomery 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 Soperton, 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. 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 Soperton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 30457 in Montgomery County has the highest median tax bill at $1169, which is significantly lower than the national median property tax rate of 0.99%.
Property Tax Assessment Values Across Soperton, Montgomery County, Georgia
Source: Ownwell
$41,106
$77,478
$113,850
Average Soperton Assessed Value
$101,160
Average Montgomery County Assessed Value
$76,171
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Soperton, Montgomery County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30457 | $29,544 | $42,794 | $101,160 | $206,305 | $251,854 |
Source: Ownwell
Property Tax Bills Across Soperton, Montgomery County, Georgia
In Soperton, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, if a home has a market value of $101,160, the assessed value is typically a fraction of this amount, determined by local assessment rates. The property tax rate in Soperton, part of Montgomery County, is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property location, improvements, and exemptions. Homeowners in Soperton can expect varying tax bills; the 25th percentile tax bill is around $424, while the 75th percentile reaches up to $2,006. For those in the 90th percentile, tax bills can be as high as $2,746. These tax rates can significantly impact homeowners, affecting their monthly mortgage payments and overall financial planning. Compared to the national median property tax rate of 0.99%, Soperton's rates reflect the local economic conditions and municipal requirements, ensuring community services and infrastructure are adequately funded.
Average Soperton Tax Bill
$1,169
Average Montgomery County Tax Bill
$816
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Soperton, Montgomery County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30457 | $306 | $424 | $1,169 | $2,006 | $2,746 |
Source: Ownwell