Peach County, Georgia Property Taxes
The median property tax rate in Peach County is 1.26%, 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 $119,400 in Peach County, the typical annual property tax bill is around $1,691, which is below the national median of $2,690. Property taxes in Peach County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Peach 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 Fort Valley or another part of Peach County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Peach County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$1,504
$1,396
Ownwell’s Peach County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Peach County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Peach 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 Peach County, Georgia
Property taxes in Peach County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Peach County is 1.26%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Peach County set these rates annually, and they can vary significantly between different areas within the county. Each year, Peach 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 Peach County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Byron has one of the higher property tax rates in Georgia at 1.26%, while the city of Perry boasts one of the lowest at 1.26%. Analyzing how Peach County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Peach County Tax Rate
1.26%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Peach County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byron | 1.26% | 1.26% | 1.26% | 1.62% | 1.62% |
| Fort Valley | 1.26% | 1.26% | 1.26% | 1.85% | 1.86% |
| Perry | 1.25% | 1.26% | 1.26% | 1.26% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Peach County, Georgia
In Peach 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 Peach 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 Peach 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. Being aware of these valuation processes in Peach County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Perry has the highest median tax bill at $3,109, while Fort Valley has the lowest at $1,163.
Average Peach County Assessed Value
$119,400
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Peach County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byron | $40,884 | $93,750 | $165,200 | $224,300 | $285,340 |
| Fort Valley | $24,796 | $44,400 | $77,240 | $136,150 | $235,746 |
| Perry | $37,036 | $68,870 | $247,730 | $543,700 | $632,280 |
Source: Ownwell
Property Tax Bills Across Peach County, Georgia
Property tax bills in Peach County, GA, are determined by assessing the market value of a property and applying the local tax rate. The assessed value typically represents a percentage of the market value, which is then multiplied by the tax rate to calculate the annual tax bill. For instance, with a median home price of $119,400, homeowners can expect varying tax bills depending on their property's assessed value and the specific rates set by local authorities. Several factors influence the tax bill, including property size, location, and any applicable exemptions. In Peach County, tax bills can range significantly, with the 25th percentile at $861 and the 90th percentile reaching $3,979. This variance highlights how individual property characteristics and local tax policies impact what homeowners pay. Comparatively, Peach County's tax bills can be lower or higher than the national median property tax rate of 0.99%, affecting homeowners' financial planning and overall cost of living. For example, the highest median tax bill in Perry is $3,109, while Fort Valley has the lowest at $1,163, illustrating the diversity within the county.
Average Peach County Tax Bill
$1,691
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Peach County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Byron | $536 | $1,330 | $2,395 | $3,359 | $4,146 |
| Fort Valley | $410 | $701 | $1,163 | $1,953 | $3,158 |
| Perry | $465 | $864 | $3,109 | $7,944 | $10,356 |
Source: Ownwell