Toombs County, Georgia Property Taxes
The median property tax rate in Toombs County is 0.58%, which is significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Toombs County, the typical annual property tax bill is $474, far below the national median of $2,690. Property taxes in Toombs 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 Toombs 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 Vidalia or another part of Toombs County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Toombs County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.58%
Estimate Property Tax Bill
$590
$547
Ownwell’s Toombs County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Toombs County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Toombs 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 Toombs County, Georgia
Property taxes in Toombs County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Toombs County is 0.58%, which is lower than the Georgia state median and the U.S. national median of 0.99%. Local government entities within Toombs County set these rates annually, and they can vary significantly between different areas within the county. Each year, Toombs 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 Toombs County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Lyons has one of the higher property tax rates in Georgia at 0.94%, while the city of Uvalda boasts one of the lowest at 0.94%. Analyzing how Toombs County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Toombs County Tax Rate
0.58%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Toombs County, Georgia
In Toombs 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 Toombs 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 Toombs 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 Toombs County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Lyons has the highest median tax bill at $695, while Vidalia has the lowest at $387.
Average Toombs County Assessed Value
$101,684
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Bills Across Toombs County, Georgia
Property tax bills in Toombs County, GA, are calculated based on the assessed value of a property, which is typically a percentage of its market value. The county then applies the local tax rate to this assessed value to determine the tax bill. Several factors influence the final tax amount, including the property's location, size, and any applicable exemptions. For example, homeowners in Lyons face the highest median tax bill at $695, while those in Vidalia experience the lowest at $387. For a broader perspective, the tax bill in Toombs County can range significantly. The 25th percentile tax bill stands at $231, while the 75th percentile reaches $985, and the 90th percentile climbs to $1,805. These figures illustrate how property taxes can vary widely within the county, impacting homeowners differently based on their property's assessed value and location. Compared to the national median property tax rate of 0.99%, Toombs County offers relatively moderate tax bills, providing some relief to its residents.
Average Toombs County Tax Bill
$474
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690