Omega, Tift County, Georgia Property Taxes
Median OMEGA, GA effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median OMEGA, GA home value: $42,800
Median annual OMEGA, GA tax bill: $372, $2,028 lower than the national median property tax bill of $2,400.
How are property taxes in Tift calculated?
Property taxes in OMEGA, 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 OMEGA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in OMEGA, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Omega, Tift County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$509
$473
Property Tax Rates Across Omega, Tift County, Georgia
Local government entities set tax rates, leading to significant variations within a state. This occurs because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In OMEGA, located in Tift County, Georgia, the effective property tax rate is worth noting. Compared to other cities in Georgia, OMEGA's rate aligns with the state's median tax rate of 1.19%. This is notably higher than the national median property tax rate of 1.02%. When examining property tax bills, the national median stands at $2,400, which provides a benchmark for evaluating OMEGA's tax obligations. Understanding these figures can help property owners in OMEGA make informed decisions about their property taxes and explore potential avenues for appeals or exemptions. By staying informed, property owners can navigate the complexities of property taxation more effectively.
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 Omega Tax Rate
1.19%
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 Tift County Tax Rate
1.19%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Omega, Tift County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31775 | 0.54% | 1.12% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Omega, Tift County, Georgia
When examining property taxes in Omega, Georgia, 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 Tift 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.
In Tift County, assessment notices are sent 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 Omega. For example, the median home price in Omega is $42,800, with tax bills ranging significantly across the county. Zip code 31775 has the highest median home price at $42,800.
Property Tax Assessment Values Across Omega, Tift County, Georgia
Source: Ownwell
$42,800
$87,481
$132,161
Median Omega Market Value
$42,800
Median Tift County Market Value
$88,368
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Omega, Tift County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31775 | $8,101 | $16,960 | $42,800 | $80,014 | $133,734 |
Source: Ownwell
Property Tax Bills Across Omega, Tift County, Georgia
Median Omega Tax Bill
$372
Median Tift County Tax Bill
$893
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Omega, Tift County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31775 | $89 | $166 | $372 | $741 | $1,406 |
Source: Ownwell