Shellman, Terrell County, Georgia Property Taxes

Name: Property Tax Bills Across Shellman, Terrell County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Shellman, GA effective property tax rate: 1.14%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Shellman, GA home value: $98,405
Median annual Shellman, GA tax bill: $954, $1,446 lower than the national median property tax bill of $2,400.

How are property taxes in Terrell County calculated?

Property taxes in Shellman, 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 Shellman’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shellman, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Shellman, Terrell County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.14%

Estimate Property Tax Bill

$1,122

$1,041

Ownwell’s Shellman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shellman with just two data points. By entering your property's estimated assessed value, our calculator applies Shellman’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Terrell County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Shellman, Terrell County, Georgia

Local government entities are responsible for setting tax rates, and these can vary significantly within a state. Annually, each county determines the budget needed to provide essential services and divides this by the total value of all taxable property in its jurisdiction. This calculation results in the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is the basic annual process.

In Shellman, located in Terrell County, Georgia, the effective property tax rate is a topic of interest when compared to other cities in the state and the national median. Georgia's median property tax rate stands at 1.14%, which is higher than the national median of 1.02%. This reflects the variance in how different regions approach funding for local services. Understanding these differences can be crucial for property owners seeking to manage their tax liabilities effectively. By comparing Shellman's rates to both state and national figures, residents can gain insights into their local tax landscape and explore potential savings through appeals and exemptions.

Property Tax Rates Across Shellman, Terrell County, Georgia

Source: Ownwell

1.14%

1.19%

1.24%

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 Shellman Tax Rate

1.14%

Median Effective Terrell County Tax Rate

1.24%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Shellman, Terrell County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
39886	0.73%	0.84%	1.14%	1.20%	1.24%

Source: Ownwell

Property Tax Assessment Values Across Shellman, Terrell County, Georgia

When examining property taxes in Shellman, GA, 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 Terrell 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. Assessment notices: Terrell County sends assessment notices in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Shellman. For example, the median home price in Shellman is $98,405, with tax bills ranging significantly across the county. 39886 has the highest median home price at $98,405.

Property Tax Assessment Values Across Shellman, Terrell County, Georgia

Source: Ownwell

$43,240

$85,613

$127,986

Median Shellman Market Value

$98,405

Median Terrell County Market Value

$67,472

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Shellman, Terrell County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
39886	$43,308	$57,181	$98,405	$150,818	$210,810

Source: Ownwell

Property Tax Bills Across Shellman, Terrell County, Georgia

In Shellman, Terrell County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of the property's market value. The median home price in Shellman is $98,405. Homeowners in this area can expect a median property tax bill of $954, which is significantly lower than the national median of $2,400. However, tax bills can vary considerably, with the 25th percentile at $633 and the 75th percentile reaching $1,537. Factors such as property improvements and changes in market conditions can influence these assessments, impacting the final tax bill. For homeowners, these taxes are a significant expense, affecting overall affordability and financial planning. Ownwell offers services to help homeowners in Shellman potentially lower their property tax bills through appeals and exemptions. By analyzing property assessments and market data, Ownwell identifies opportunities to challenge over-assessments, ensuring homeowners pay no more than their fair share. This service can lead to substantial savings, providing financial relief and peace of mind.

Property Tax Bills Across Shellman, Terrell County, Georgia

Source: Ownwell

$536

$1,043

$1,550

Median Shellman Tax Bill

$954

Median Terrell County Tax Bill

$779

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Shellman, Terrell County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
39886	$420	$633	$954	$1,537	$1,804

Source: Ownwell