Covington, Newton County, Georgia Property Taxes
Median Covington, GA effective property tax rate: 1.08%, slightly higher than the national median of 1.02%, but equal to the Georgia state median of 1.08%.
Median Covington, GA home value: $205,100
Median annual Covington, GA tax bill: $2,143, $257 lower than the national median property tax bill of $2,400.
How are property taxes in Newton County calculated?
Property taxes in Covington, 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 Covington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Covington, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Covington, Newton County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.08%
Estimate Property Tax Bill
$2,215
$2,056
Property Tax Rates Across Covington, Newton County, Georgia
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is due to each county's annual estimation of its budget requirements to provide essential services. The county then divides this budget by the total value of all taxable properties in its jurisdiction, resulting in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is the annual process in a nutshell.
In Covington, located in Newton County, Georgia, the effective property tax rate is a reflection of these calculations. When comparing Covington's property tax rate to other cities in Georgia, it's important to consider the median property tax rates within the state and across the United States. Covington's tax rate offers a unique perspective on how local governments balance budgetary needs with property values. Understanding these rates can provide valuable insights for property owners looking to manage their tax obligations effectively.
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 Covington Tax Rate
1.08%
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 Newton County Tax Rate
1.07%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Covington, Newton County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30014 | 0.74% | 1.04% | 1.09% | 1.26% | 1.30% |
| 30016 | 0.76% | 1.04% | 1.07% | 1.10% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Covington, Newton County, Georgia
When examining property taxes in Covington, 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 Newton 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 Newton 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 Covington. For example, the median home price in Covington is $205,100, with tax bills ranging significantly across the county. Zip code 30016 has the highest median home price at $207,200.
Property Tax Assessment Values Across Covington, Newton County, Georgia
Source: Ownwell
$105,600
$212,725
$319,850
Median Covington Market Value
$205,100
Median Newton County Market Value
$206,600
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Covington, Newton County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30014 | $72,800 | $126,600 | $198,350 | $273,300 | $354,200 |
| 30016 | $135,400 | $174,300 | $207,200 | $252,950 | $299,800 |
Source: Ownwell
Property Tax Bills Across Covington, Newton County, Georgia
In Covington, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. Newton County homeowners typically face a median property tax bill ranging from $2,111 to $2,153, depending on the zip code. These figures are slightly lower than the national median property tax bill of $2,400. Factors influencing the tax bill include the home's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Covington may find their property tax bills vary significantly, with the 25th percentile at $1,593 and the 75th percentile at $2,743, illustrating the range of tax burdens in the area.
Ownwell offers valuable assistance by providing property tax appeal and exemption services. By analyzing each homeowner's specific situation, Ownwell can identify opportunities for tax reductions, potentially saving homeowners significant amounts on their property tax bills. This is especially beneficial for those in Covington, where tax bills can reach up to the 90th percentile of $3,410, making professional guidance a worthwhile investment.
Median Covington Tax Bill
$2,143
Median Newton County Tax Bill
$2,153
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Covington, Newton County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30014 | $639 | $1,282 | $2,111 | $2,965 | $3,932 |
| 30016 | $1,094 | $1,729 | $2,153 | $2,663 | $3,159 |
Source: Ownwell