Thomas County, Georgia Property Taxes
The median property tax rate in Thomas County is 1.01%, which is slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With the median home value in Thomas County at $133,872, the typical annual property tax bill amounts to $1,363, which is below the national median of $2,690. Property taxes in Thomas County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Thomas 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 Thomasville or another part of Thomas County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Thomas County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.01%
Estimate Property Tax Bill
$1,352
$1,255
Ownwell’s Thomas County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Thomas County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Thomas 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 Thomas County, Georgia
Property taxes in Thomas County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Thomas County is 1.01%, which is higher than the U.S. national median of 0.99%. Local government entities within Thomas County set these rates annually, and they can vary significantly between different areas within the county. Each year, Thomas 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 Thomas County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Meigs has one of the higher property tax rates in Georgia at 1.66%, while the city of Pelham boasts one of the lowest at 0.98%. Analyzing how Thomas County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Thomas County Tax Rate
1.01%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Thomas County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barwick | 1.53% | 1.53% | 1.53% | 1.53% | 1.53% |
| Boston | 0.89% | 0.98% | 0.98% | 1.56% | 1.56% |
| Coolidge | 0.89% | 0.98% | 0.98% | 1.59% | 1.59% |
| Meigs | 0.96% | 0.98% | 1.66% | 1.66% | 1.66% |
| Metcalf | 0.89% | 0.98% | 0.98% | 0.98% | 0.98% |
| Ochlocknee | 0.89% | 0.98% | 0.98% | 0.98% | 1.39% |
| Pavo | 0.89% | 0.98% | 0.98% | 1.55% | 1.55% |
| Pelham | 0.98% | 0.98% | 0.98% | 0.98% | 0.98% |
| Thomasville | 0.98% | 1.00% | 1.13% | 1.13% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Thomas County, Georgia
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Thomas County, Georgia. 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 Thomas 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 Thomas 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. For example, Pelham has the highest median tax bill at $1,427, while Barwick has the lowest at $501. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Thomas County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Thomas County Assessed Value
$133,872
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Thomas County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barwick | $13,235 | $19,252 | $32,948 | $67,396 | $93,314 |
| Boston | $21,731 | $52,454 | $110,650 | $219,522 | $399,977 |
| Coolidge | $23,476 | $48,562 | $97,698 | $216,943 | $357,765 |
| Meigs | $19,871 | $33,297 | $63,418 | $155,425 | $352,700 |
| Metcalf | $34,483 | $50,088 | $81,978 | $131,563 | $345,994 |
| Ochlocknee | $30,785 | $55,770 | $136,320 | $254,314 | $387,622 |
| Pavo | $37,211 | $60,824 | $112,511 | $217,132 | $360,855 |
| Pelham | $53,055 | $126,178 | $145,642 | $351,409 | $379,966 |
| Thomasville | $30,490 | $67,652 | $139,823 | $230,964 | $381,547 |
Source: Ownwell
Property Tax Bills Across Thomas County, Georgia
In Thomas County, GA, property tax bills are determined based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Thomas County is $133,872, and homeowners can expect varying tax bills depending on their property's assessed value. For instance, the tax bill at the 25th percentile is around $644, while at the 75th percentile, it rises to approximately $2,314. At the 90th percentile, homeowners might see tax bills as high as $3,700. Several factors influence the final tax bill, including the property's location within the county. For example, Pelham has the highest median tax bill at $1,427, whereas Barwick has the lowest at $501. Compared to the national median property tax rate of 0.99%, Thomas County's rates reflect the local government's revenue needs and property values. This variability affects homeowners by impacting their annual financial obligations and the affordability of living in different areas within the county.
Average Thomas County Tax Bill
$1,363
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Thomas County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Barwick | $202 | $294 | $501 | $1,028 | $1,423 |
| Boston | $302 | $607 | $1,301 | $2,470 | $3,872 |
| Coolidge | $296 | $538 | $1,131 | $2,195 | $3,502 |
| Meigs | $278 | $440 | $927 | $1,739 | $3,415 |
| Metcalf | $338 | $471 | $802 | $1,289 | $3,389 |
| Ochlocknee | $325 | $612 | $1,322 | $2,462 | $3,663 |
| Pavo | $426 | $721 | $1,288 | $2,189 | $3,429 |
| Pelham | $520 | $1,236 | $1,427 | $3,442 | $3,722 |
| Thomasville | $326 | $674 | $1,409 | $2,312 | $3,740 |
Source: Ownwell