Stephens County, Georgia Property Taxes
The median property tax rate in Stephens County is 1.19%, which is higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Stephens County at $95,255, the typical annual property tax bill comes to $930, which is below the national median of $2,690. Property taxes in Stephens County are calculated based on the assessed value, which often falls below the market value due to various property tax exemptions, including those for primary residences and agricultural properties. Understanding Stephens County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you reside in Toccoa or another part of Stephens County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stephens County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,134
$1,052
Ownwell’s Stephens County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Stephens County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Stephens 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 Stephens County, Georgia
Property taxes in Stephens County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Stephens County is 1.19%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Stephens County set these rates annually, and they can vary significantly between different areas within the county. Each year, Stephens 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 Stephens County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Baldwin has one of the higher property tax rates in Georgia at 1.19%, while the city of Mount Airy boasts one of the lowest at 1.12%. Analyzing how Stephens County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Stephens County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stephens County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwin | N/A | N/A | N/A | N/A | N/A |
| Eastanollee | 0.39% | 1.03% | 1.17% | 1.19% | 1.19% |
| Martin | 0.77% | 1.10% | 1.19% | 1.19% | 1.19% |
| Mount Airy | N/A | N/A | N/A | N/A | N/A |
| Toccoa | 0.48% | 1.10% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Stephens County, Georgia
In Stephens 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 Stephens 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 Stephens 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 instance, the highest median tax bill in Stephens County is in Martin at $1,350, while Eastanollee has the lowest median tax bill at $857. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Stephens County, Georgia
Source: Ownwell
$92,252
$115,207
$138,162
Average Stephens County Assessed Value
$95,255
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stephens County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwin | N/A | N/A | N/A | N/A | N/A |
| Eastanollee | $30,296 | $54,970 | $92,252 | $143,094 | $197,198 |
| Martin | $25,733 | $53,948 | $138,162 | $270,338 | $380,606 |
| Mount Airy | N/A | N/A | N/A | N/A | N/A |
| Toccoa | $28,813 | $55,326 | $92,867 | $148,815 | $232,052 |
Source: Ownwell
Property Tax Bills Across Stephens County, Georgia
In Stephens County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence this calculation, including the market value of the property, any applicable exemptions, and the county's tax rate. For example, the median home price in Stephens County is $95,255. Homeowners at the 25th percentile pay around $488 annually, while those at the 75th percentile face a tax bill of approximately $1,649. The tax burden can be significantly higher for more valuable properties, with the 90th percentile reaching up to $2,799. Comparatively, the national median property tax rate is 0.99%, making it important for homeowners in Stephens County to understand their local tax obligations. Cities within the county, like Martin and Eastanollee, show variation in median tax bills, with Martin having the highest at $1,350 and Eastanollee the lowest at $857. Understanding these factors helps homeowners budget effectively and plan for their annual expenses.
Average Stephens County Tax Bill
$930
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Stephens County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwin | N/A | N/A | N/A | N/A | N/A |
| Eastanollee | $218 | $480 | $857 | $1,447 | $2,069 |
| Martin | $243 | $534 | $1,350 | $2,942 | $4,338 |
| Mount Airy | N/A | N/A | N/A | N/A | N/A |
| Toccoa | $224 | $486 | $913 | $1,536 | $2,513 |
Source: Ownwell