Pavo, Georgia Property Taxes
The median property tax rate in Pavo, GA is 0.98%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Pavo at $112,511, the typical annual property tax bill amounts to $1,288, which is lower than the national median of $2,690. Property taxes in Pavo are calculated based on the assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural land. Understanding Pavo'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 Pavo or another part of Thomas County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pavo, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$1,103
$1,071
Ownwell’s Pavo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pavo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pavo to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Thomas County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Pavo, Georgia
Property taxes in Pavo, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pavo is 0.98%, slightly lower than the U.S. national median of 0.99%. Local government entities within Pavo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pavo 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 Pavo's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31778 zip code has the highest median property tax rate of 0.98%, while the same 31778 zip code also has the lowest median tax rate of 0.98%. Understanding how these cities compare with Pavo provides valuable insights into the varying tax landscape across Thomas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pavo Tax Rate
0.98%
Average Thomas County Tax Rate
1.01%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pavo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31778 | 0.89% | 0.98% | 0.98% | 1.55% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Pavo, Georgia
In Pavo, 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 Thomas 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 Pavo, 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. Being aware of these valuation processes in Pavo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 31778, with a median bill of $1,288, while the lowest is also 31778, sharing the same value.
Average Pavo Assessed Value
$112,511
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 Pavo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31778 | $37,211 | $60,824 | $112,511 | $217,132 | $360,855 |
Source: Ownwell
Property Tax Bills Across Pavo, Georgia
In Pavo, located in Thomas County, GA, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The assessed value is typically a percentage of the market value, which is then multiplied by the county's tax rate to calculate the tax bill. For instance, with a median home price of $112,511, homeowners can expect varying tax bills based on this assessed value. Factors such as property improvements, location, and local tax levies influence the final tax amount. In Thomas County, the tax bill for the 25th percentile is around $721, while the 75th percentile sees bills closer to $2,189. For those in the 90th percentile, tax bills can reach up to $3,429. These amounts can significantly impact homeowners' finances, especially when compared to the national median property tax rate of 0.99%. Understanding how these factors come together helps homeowners anticipate their annual property tax obligations and plan their budgets accordingly.
Average Pavo Tax Bill
$1,288
Average Thomas County Tax Bill
$1,363
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Pavo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31778 | $426 | $721 | $1,288 | $2,189 | $3,429 |
Source: Ownwell