Bristol, Georgia Property Taxes
The median property tax rate in Bristol, GA is 0.93%, which is slightly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Bristol at $89,410, the typical annual property tax bill is $737, well below the national median of $2,690. Property taxes in Bristol are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Bristol'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 Bristol 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
Bristol, 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 Bristol Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bristol with just two simple inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Bristol to provide an estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities, helping you make informed decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, assigned by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Bristol, Georgia
Property taxes in Bristol, Georgia, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Bristol is 1.03%, higher than both the Georgia state median of 0.83% and the U.S. national median of 0.99%. Local government entities within Bristol set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bristol 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 Bristol's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31518 has the highest median property tax rate of 1.03%, while the same zip code also represents the lowest median tax rate of 1.03%. Understanding how these cities compare with Bristol 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 Bristol Tax Rate
0.93%
Average Pierce County Tax Rate
1.08%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bristol, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31518 | 0.56% | 0.70% | 0.93% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Bristol, Georgia
In Bristol, 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. In Bristol, 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. For instance, the median home price in Bristol is $89,410, with tax bills ranging from $376 at the 25th percentile to $2,730 at the 90th percentile. The highest and lowest median tax bills in the area are both $737, found in zip code 31518. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Bristol Assessed Value
$89,410
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 Bristol, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31518 | $24,750 | $37,798 | $89,410 | $194,746 | $312,046 |
Source: Ownwell
Property Tax Bills Across Bristol, Georgia
In Bristol, property tax bills are calculated based on the assessed value of a home, which is determined by the Pierce County tax assessor. The assessed value is a percentage of the property's market value. Homeowners in Bristol can expect their property taxes to be influenced by several factors, including the local tax rate and any applicable exemptions. The median home price in Bristol is $89,410, and the tax bill can vary significantly. For instance, the 25th percentile tax bill is $376, while the 75th percentile reaches $1,901, and the 90th percentile goes up to $2,730. These tax bills are crucial for homeowners as they directly impact annual expenses. Compared to the national median property tax rate of 0.99%, Bristol's property taxes can be relatively moderate or steep, depending on the specific assessed value and exemptions applied. Understanding these factors helps homeowners budget effectively and anticipate their financial obligations.
Average Bristol Tax Bill
$737
Average Pierce County Tax Bill
$1,054
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Bristol, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31518 | $181 | $376 | $737 | $1,901 | $2,730 |
Source: Ownwell