Scotland, Georgia Property Taxes
The median property tax rate in Scotland, GA is 1.19%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Scotland, the typical annual property tax bill reaches $117, which is significantly lower than the national median of $2,690. Property taxes in Scotland are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Scotland'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 Scotland or another part of Telfair County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Scotland, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$117
$114
Ownwell’s Scotland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Scotland with just two simple data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Scotland to provide an estimate of your property tax bill. This valuable tool helps you grasp potential tax liabilities effortlessly. If you're interested in exploring trends at a neighborhood level, scroll down for more detailed information. Your property’s assessed value is the value assigned by Telfair County for property tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Scotland, Georgia
Property taxes in Scotland, Georgia, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Scotland is 1.19%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Scotland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Scotland 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 Scotland's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31083 has both the highest and lowest median property tax rate of 1.19%. Understanding how these cities compare with Scotland provides valuable insights into the varying tax landscape across Telfair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Scotland Tax Rate
1.19%
Average Telfair County Tax Rate
1.07%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scotland, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31083 | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Scotland, Georgia
In Scotland, 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 Telfair 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 Scotland, 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. With a median home price of $9,839 and tax bills ranging from $67 at the 25th percentile to $198 at the 90th percentile, being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Scotland Assessed Value
$9,839
Average Telfair County Assessed Value
$41,812
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Scotland, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31083 | $3,065 | $5,605 | $9,839 | $14,073 | $16,613 |
Source: Ownwell
Property Tax Bills Across Scotland, Georgia
In Scotland, GA, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. For homeowners in Telfair County, the median home price stands at $9,839. Property tax rates in this region are relatively low compared to the national median property tax rate of 0.99%. To determine the tax bill, the assessed value is multiplied by the local tax rate. Various factors, such as property improvements, location, and market trends, influence the assessed value. For Scotland, GA, the tax bill can vary significantly. For instance, the 25th percentile tax bill is $67, while the 75th percentile tax bill is $168, and the 90th percentile tax bill reaches $198. These property taxes directly impact homeowners by contributing to local services such as schools, public safety, and infrastructure. Understanding how these bills are calculated can help homeowners better manage their finances and anticipate annual expenses.
Average Scotland Tax Bill
$117
Average Telfair County Tax Bill
$435
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Scotland, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31083 | $37 | $67 | $117 | $168 | $198 |
Source: Ownwell