Sylvania, Georgia Property Taxes
The median property tax rate in Sylvania, GA is 1.27%, noticeably higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Sylvania at $67,900, the typical annual property tax bill amounts to $804, which is still below the national median of $2,690. Property taxes in Sylvania are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Sylvania'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 Sylvania or another part of Screven County, mastering the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sylvania, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.27%
Estimate Property Tax Bill
$862
$800
Ownwell’s Sylvania Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sylvania with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sylvania to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sylvania, Georgia
Property taxes in Sylvania, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sylvania is 1.27%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Sylvania set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sylvania 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 Sylvania's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30467 has the highest median property tax rate of 1.27%, while the same zip code also has the lowest median tax rate of 1.27%. Understanding how these cities compare with Sylvania provides valuable insights into the varying tax landscape across Screven County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sylvania Tax Rate
1.27%
Average Screven County Tax Rate
1.26%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sylvania, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30467 | 0.87% | 1.14% | 1.27% | 1.37% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Sylvania, Georgia
In Sylvania, 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 Screven 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 Sylvania, 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 Sylvania helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $804.00, found in the 30467 zip code.
Average Sylvania Assessed Value
$67,900
Average Screven County Assessed Value
$66,910
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sylvania, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30467 | $15,116 | $30,100 | $67,900 | $137,800 | $239,376 |
Source: Ownwell
Property Tax Bills Across Sylvania, Georgia
In Sylvania, located in Screven County, GA, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value of the property. This value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Sylvania, the median home price is $67,900. Tax bills can vary significantly, with the 25th percentile tax bill at $410 and the 75th percentile at $1,517, indicating a wide range of property values and tax obligations within the city. The highest median tax bill in Sylvania is $804, aligning with the zip code 30467. These tax bills impact homeowners by contributing to local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Sylvania's rates can be considered moderate, but individual tax burdens can differ based on property assessments and exemptions. Homeowners must stay informed about their property's assessed value and any available exemptions to manage their tax liabilities effectively.
Average Sylvania Tax Bill
$804
Average Screven County Tax Bill
$790
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Sylvania, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30467 | $235 | $410 | $804 | $1,517 | $2,414 |
Source: Ownwell