Talbot County, Georgia Property Taxes
The median property tax rate in Talbot County is 1.23%, 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 Talbot County, the typical annual property tax bill reaches $942, which is below the national median of $2,690. Property taxes in Talbot County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Talbot 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 Talbotton or another part of Talbot County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Talbot County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$877
$814
Ownwell’s Talbot County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Talbot County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Talbot 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's 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 Talbot County, Georgia
Property taxes in Talbot County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Talbot County is 1.23%, which is higher than the U.S. national median of 0.99%. Local government entities within Talbot County set these rates annually, and they can vary significantly between different areas within the county. Each year, Talbot 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 Talbot County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Geneva has one of the higher property tax rates in Georgia at 1.34%, while the city of Shiloh boasts one of the lowest at 1.23%. Analyzing how Talbot County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Talbot County Tax Rate
1.23%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Talbot County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Box Springs | 1.23% | 1.23% | 1.23% | 1.23% | 1.30% |
| Geneva | N/A | N/A | N/A | N/A | N/A |
| Junction City | 1.23% | 1.23% | 1.23% | 1.32% | 1.32% |
| Manchester | 1.23% | 1.23% | 1.23% | 1.91% | 1.91% |
| Shiloh | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
| Talbotton | 1.23% | 1.23% | 1.23% | 1.63% | 1.63% |
| Waverly Hall | 1.23% | 1.23% | 1.23% | 1.23% | 1.23% |
| Woodland | 1.23% | 1.23% | 1.23% | 1.75% | 1.75% |
Source: Ownwell
Property Tax Assessment Values Across Talbot County, Georgia
In Talbot 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 Talbot 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 Talbot 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, Waverly Hall has the highest median tax bill at $1,924, while Geneva has the lowest at $403. Being aware of these valuation processes in Talbot County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Talbot County Assessed Value
$71,281
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Talbot County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Box Springs | $18,497 | $34,778 | $82,600 | $155,292 | $227,501 |
| Geneva | N/A | N/A | N/A | N/A | N/A |
| Junction City | $11,533 | $19,551 | $41,345 | $117,716 | $227,106 |
| Manchester | $23,793 | $53,218 | $89,281 | $119,437 | $185,062 |
| Shiloh | $18,000 | $27,898 | $50,279 | $108,832 | $192,048 |
| Talbotton | $11,921 | $24,233 | $49,149 | $118,061 | $230,922 |
| Waverly Hall | $38,113 | $110,978 | $156,213 | $216,665 | $265,565 |
| Woodland | $14,323 | $33,314 | $82,051 | $169,222 | $298,279 |
Source: Ownwell
Property Tax Bills Across Talbot County, Georgia
In Talbot County, GA, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including property location, property type, and any applicable exemptions or abatements. For homeowners in Talbot County, the median home price is $71,281. The property tax bill can vary significantly, with the 25th percentile paying around $397, while the 75th percentile faces a bill of approximately $1,897. At the higher end, the 90th percentile sees tax bills nearing $3,040. Notably, the city of Waverly Hall has the highest median tax bill at $1,924, whereas Geneva has the lowest at $403. These variations can significantly impact homeowners, influencing their overall housing costs and financial planning. Compared to the national median property tax rate of 0.99%, Talbot County’s rates reflect a diverse range of tax obligations for its residents.
Average Talbot County Tax Bill
$942
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Talbot County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Box Springs | $228 | $429 | $1,020 | $1,913 | $2,839 |
| Geneva | N/A | N/A | N/A | N/A | N/A |
| Junction City | $148 | $252 | $544 | $1,471 | $2,886 |
| Manchester | $304 | $656 | $1,364 | $2,004 | $2,805 |
| Shiloh | $222 | $344 | $619 | $1,341 | $2,366 |
| Talbotton | $155 | $335 | $688 | $1,619 | $2,932 |
| Waverly Hall | $469 | $1,367 | $1,924 | $2,669 | $3,271 |
| Woodland | $210 | $481 | $1,137 | $2,111 | $3,674 |
Source: Ownwell