Smithville, Sumter County, Georgia Property Taxes
Median Smithville, GA effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Smithville, GA home value: $68,060
Median annual Smithville, GA tax bill: $820, $1,580 lower than the national median property tax bill of $2,400.
How are property taxes in Sumter County calculated?
Property taxes in Smithville, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Smithville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Smithville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Smithville, Sumter County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.25%
Estimate Property Tax Bill
$851
$789
Property Tax Rates Across Smithville, Sumter County, Georgia
Local government entities determine property tax rates, leading to significant variation within a state. Each year, counties estimate the budget required for public services and divide this by the total value of taxable property, resulting in the property tax rate. Though votes and legislation play roles in setting these rates and budgets, this is the essence of the annual process.
In Smithville, located in Sumter County, GA, property tax rates reflect the county's budgetary needs and property values. Comparing Smithville's effective property tax rate with other cities in Georgia, as well as with state and national medians, provides valuable insight. Georgia's median property tax rate is higher than the national median of 1.02%, indicating a more significant tax burden compared to the national average. However, Smithville's rates align with those found in the highest and lowest median tax rate areas within Sumter County, suggesting consistency in how property taxes are assessed locally. By understanding these rates, property owners can better anticipate their annual tax obligations and explore potential savings through appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Smithville Tax Rate
1.25%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Sumter County Tax Rate
1.25%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Smithville, Sumter County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31787 | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Smithville, Sumter County, Georgia
When examining property taxes in Smithville, Georgia, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Sumter County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Sumter County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Smithville.
For example, the median home price in Smithville is $68,060, with tax bills ranging significantly across the county. Zip code 31787 has the highest median home price at $68,060.
Property Tax Assessment Values Across Smithville, Sumter County, Georgia
Source: Ownwell
$36,100
$96,825
$157,550
Median Smithville Market Value
$68,060
Median Sumter County Market Value
$58,440
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Smithville, Sumter County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31787 | $19,960 | $38,460 | $68,060 | $134,475 | $278,288 |
Source: Ownwell
Property Tax Bills Across Smithville, Sumter County, Georgia
In Smithville, Sumter County, GA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the home's market value, and in Georgia, this is typically 40% of the market value. Homeowners in Smithville can expect a median tax bill that is significantly lower than the national median of $2,400. The highest median tax bill in the area is $820, which is associated with the zip code 31787. However, tax bills can vary widely, with some homeowners paying as little as $462 while others pay as much as $3,712, depending on the assessed value of their property and applicable exemptions.
Ownwell assists homeowners by providing property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and market conditions, Ownwell identifies discrepancies and opportunities for savings, ensuring homeowners are not overpaying. This service can be particularly beneficial in areas like Smithville, where property tax bills can vary significantly.
Median Smithville Tax Bill
$820
Median Sumter County Tax Bill
$921
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Smithville, Sumter County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31787 | $244 | $462 | $820 | $1,674 | $3,712 |
Source: Ownwell