Tift County, Georgia Property Taxes
The median property tax rate in Tift County is 1.19%, 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 Tift County at $88,368, the typical annual property tax bill reaches $893, which is well below the national median of $2,690. Property taxes in Tift 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 Tift 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 Tifton or another part of Tift County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tift County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$1,052
$976
Ownwell’s Tift County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tift County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Tift 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 Tift County, Georgia
Property taxes in Tift County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Tift County is 1.19%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Tift County set these rates annually, and they can vary significantly between different areas within the county. Each year, Tift 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 Tift County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Tifton has one of the higher property tax rates in Georgia at 1.19%, while the city of Ashburn boasts one of the lowest at 0.76%. Analyzing how Tift County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Tift County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tift County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashburn | N/A | N/A | N/A | N/A | N/A |
| Brookfield | N/A | N/A | N/A | N/A | N/A |
| Chula | 0.58% | 0.88% | 1.18% | 1.19% | 1.19% |
| Enigma | 0.56% | 0.86% | 1.19% | 1.19% | 1.19% |
| Lenox | 0.56% | 0.81% | 1.19% | 1.19% | 1.19% |
| Omega | 0.54% | 1.12% | 1.19% | 1.19% | 1.19% |
| Sycamore | 0.35% | 1.06% | 1.19% | 1.19% | 1.19% |
| Tifton | 0.55% | 0.92% | 1.19% | 1.49% | 1.51% |
| Ty Ty | 0.53% | 0.93% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Tift County, Georgia
In Tift 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 Tift 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 Tift 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. Being aware of these valuation processes in Tift County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Tift County, Ashburn has the highest median tax bill at $1,261, while Brookfield has the lowest at $187. Knowing these details will empower you to make informed decisions about your property taxes.
Average Tift County Assessed Value
$88,368
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tift County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashburn | N/A | N/A | N/A | N/A | N/A |
| Brookfield | N/A | N/A | N/A | N/A | N/A |
| Chula | $20,050 | $64,527 | $130,503 | $209,876 | $288,974 |
| Enigma | $14,483 | $26,340 | $64,078 | $106,589 | $152,170 |
| Lenox | $14,002 | $24,755 | $62,077 | $128,743 | $171,593 |
| Omega | $8,101 | $16,960 | $42,800 | $80,014 | $133,734 |
| Sycamore | $28,018 | $32,978 | $57,417 | $75,215 | $100,384 |
| Tifton | $19,474 | $44,442 | $92,527 | $157,277 | $234,742 |
| Ty Ty | $10,140 | $22,655 | $57,563 | $119,964 | $194,472 |
Source: Ownwell
Property Tax Bills Across Tift County, Georgia
In Tift County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Homeowners can expect their tax bills to be influenced by the county’s tax rate and the assessed value of their property. The median home price in Tift County is $88,368. The property tax rate in Tift County is notably lower than the national median of 0.99%. For example, homeowners in Tift County experience a wide range of tax bills. The 25th percentile tax bill is $368, while the 75th percentile reaches $1,707. High-value properties can see tax bills as high as $2,644, as indicated by the 90th percentile. The highest median tax bill in the county is $1,261 in Ashburn, contrasting with the lowest median tax bill of $187 in Brookfield. These variations highlight the significant impact of property values and local tax rates on homeowners' annual tax obligations.
Average Tift County Tax Bill
$893
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Tift County, Georgia
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashburn | N/A | N/A | N/A | N/A | N/A |
| Brookfield | N/A | N/A | N/A | N/A | N/A |
| Chula | $197 | $498 | $1,202 | $2,157 | $3,060 |
| Enigma | $161 | $261 | $506 | $1,023 | $1,430 |
| Lenox | $152 | $283 | $509 | $1,201 | $1,784 |
| Omega | $89 | $166 | $372 | $741 | $1,406 |
| Sycamore | $130 | $286 | $513 | $878 | $1,191 |
| Tifton | $170 | $405 | $953 | $1,762 | $2,698 |
| Ty Ty | $96 | $220 | $536 | $1,142 | $1,950 |
Source: Ownwell