Quitman County Property Taxes
The median property tax rate in Quitman County is 1.59%, which is significantly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Quitman County, the typical annual property tax bill reaches $719, which is considerably lower than the national median of $2,690. Property taxes in Quitman County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Quitman 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 Georgetown or another part of Quitman County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Quitman County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.59%
Estimate Property Tax Bill
$775
$753
Ownwell’s Quitman Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Quitman with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Quitman 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. The assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Quitman County, Georgia
Property taxes in Quitman County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Quitman County is 1.59%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Quitman County set these rates annually, and they can vary significantly between different areas within the county. Each year, Quitman 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 Quitman County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Georgetown has one of the higher property tax rates in Georgia at 1.60%, while the city of Morris boasts one of the lowest at 1.32%. Analyzing how Quitman County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Quitman County Tax Rate
1.59%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Quitman County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Georgetown | 0.85% | 1.31% | 1.60% | 2.09% | 2.88% |
Morris | 0.77% | 0.97% | 1.32% | 1.63% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Quitman County, Georgia
In Quitman 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 Quitman 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 Quitman 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 Quitman County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Quitman County, Morris has the highest median tax bill at $1,196, while Georgetown has the lowest at $707. By understanding these differences, homeowners can better plan and manage their property tax obligations.
Average Quitman County Assessed Value
$48,765
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Quitman County, Georgia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Georgetown | $13,624 | $24,751 | $47,474 | $98,836 | $182,135 |
Morris | $18,362 | $42,518 | $112,275 | $188,375 | $267,227 |
Source: Ownwell
Property Tax Bills Across Quitman County, Georgia
Property tax bills in Quitman County, Georgia, are calculated based on the assessed value of a property, which is typically a percentage of its market value. The median home price in Quitman County is $48,765. To determine the tax bill, the assessed value is multiplied by the local tax rate. The tax rate in Quitman County varies, but the national median property tax rate is 0.99%. Homeowners in Quitman County can expect their tax bills to fall within a range, depending on their property's assessed value. For instance, the 25th percentile tax bill is $497, while the 75th percentile tax bill reaches $1,261. At the higher end, the 90th percentile tax bill is $2,073. The city of Morris has the highest median tax bill at $1,196, whereas Georgetown has the lowest at $707. These property taxes fund essential local services such as schools, infrastructure, and public safety. Understanding how these factors influence property tax bills can help homeowners manage their finances and plan for future expenses.
Average Quitman County Tax Bill
$719
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Quitman County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Georgetown | $377 | $495 | $707 | $1,214 | $1,980 |
Morris | $405 | $647 | $1,196 | $1,874 | $2,893 |
Source: Ownwell