Alma, Georgia Property Taxes
The median property tax rate in Alma, GA is 0.90%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $151,402 in Alma, the typical annual property tax bill amounts to $1,277, significantly less than the national median of $2,690. Property taxes in Alma are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions, including primary residence and agricultural exemptions. Understanding Alma's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Alma or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alma, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Alma Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alma with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alma to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. For those interested in more detailed information, you can explore trends at the neighborhood level by scrolling down. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Alma, Georgia
Property taxes in Alma, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alma is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Alma set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alma 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 Alma's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31510 has both the highest and lowest median property tax rate of 0.90%. Understanding how these areas compare with Alma provides valuable insights into the varying tax landscape across Pierce County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alma Tax Rate
0.90%
Average Pierce County Tax Rate
1.08%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alma, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31510 | 0.61% | 0.73% | 0.90% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Alma, Georgia
In Alma, 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 Pierce 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. 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 Alma helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 31510 in Alma sees the highest median tax bill at $1,277, which is significantly lower than the national median property tax rate of 0.99%.
Average Alma Assessed Value
$151,402
Average Pierce County Assessed Value
$103,361
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alma, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31510 | $43,191 | $105,342 | $151,402 | $232,156 | $345,422 |
Source: Ownwell
Property Tax Bills Across Alma, Georgia
In Alma, located in Pierce County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county tax assessor. The assessed value is typically a percentage of the property's market value. For instance, if a home has a median market price of $151,402, the assessed value will be a fraction of this amount. Once the assessed value is established, the local tax rate is applied to calculate the annual property tax bill. Factors influencing the tax bill include the home's location, size, and any applicable exemptions. In Alma, homeowners can expect a range of tax bills, with the 25th percentile at $812 and the 75th percentile reaching $1,912. For higher-valued properties, the tax bill can go up to $3,074 at the 90th percentile. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for residents.
Average Alma Tax Bill
$1,277
Average Pierce County Tax Bill
$1,054
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Alma, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31510 | $376 | $812 | $1,277 | $1,912 | $3,074 |
Source: Ownwell