Seminole County Property Taxes
The median property tax rate in Seminole County is 1.28%, 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 Seminole County at $85,332, the typical annual property tax bill reaches $1,036, which is below the national median of $2,690. Property taxes in Seminole 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 Seminole 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 Donalsonville or another part of Seminole County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Seminole County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$1,092
$1,061
Ownwell’s Seminole County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Seminole County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Seminole 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 Seminole County, Georgia
Property taxes in Seminole County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Seminole County is 1.28%, which is higher than the U.S. national median of 0.99%. Local government entities within Seminole County set these rates annually, and they can vary significantly between different areas within the county. Each year, Seminole 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 Seminole County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Donalsonville has one of the higher property tax rates in Georgia at 1.29%, while the city of Jakin boasts one of the lowest at 1.15%. Analyzing how Seminole County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Seminole County Tax Rate
1.28%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Seminole County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brinson | 0.67% | 0.94% | 1.27% | 1.32% | 1.32% |
Donalsonville | 0.89% | 1.15% | 1.29% | 1.32% | 1.32% |
Iron City | 0.63% | 1.07% | 1.26% | 1.32% | 1.32% |
Jakin | 0.95% | 1.06% | 1.15% | 1.17% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Seminole County, Georgia
In Seminole 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 Seminole 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 Seminole 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. For example, property owners in Jakin face the highest median tax bill at $1,662, while those in Donalsonville have the lowest at $1,022. Being aware of these valuation processes in Seminole County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Seminole County, Georgia
Source: Ownwell
$83,907
$112,863
$141,818
Average Seminole County Assessed Value
$85,332
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Seminole County, Georgia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brinson | $40,136 | $51,682 | $110,335 | $166,057 | $230,259 |
Donalsonville | $22,740 | $45,377 | $83,907 | $153,610 | $240,158 |
Iron City | $17,407 | $48,008 | $96,996 | $172,744 | $295,654 |
Jakin | $40,318 | $52,679 | $141,818 | $206,226 | $256,813 |
Source: Ownwell
Property Tax Bills Across Seminole County, Georgia
In Seminole County, GA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. Homeowners in Seminole County experience a range of tax bills, with the 25th percentile at $516 and the 75th percentile at $1,912. The tax bill can reach up to $2,972 for the 90th percentile. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. For instance, Jakin has the highest median tax bill at $1,662, while Donalsonville has the lowest at $1,022. These figures illustrate the variability within the county, reflecting differences in market values and local tax policies. Compared to the national median property tax rate of 0.99%, Seminole County's tax rates can significantly impact homeowners, making it essential for them to understand how their tax bills are calculated and what factors contribute to the final amount.
Average Seminole County Tax Bill
$1,036
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Seminole County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brinson | $330 | $618 | $1,207 | $2,044 | $2,535 |
Donalsonville | $231 | $511 | $1,022 | $1,900 | $2,956 |
Iron City | $185 | $565 | $1,113 | $2,025 | $3,117 |
Jakin | $424 | $587 | $1,662 | $2,213 | $3,106 |
Source: Ownwell