Davisboro, Georgia Property Taxes
The median property tax rate in Davisboro, GA is 1.22%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Davisboro at $61,424, the typical annual property tax bill reaches $642, which is significantly lower than the national median of $2,690. Property taxes in Davisboro are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Davisboro'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 Davisboro or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Davisboro, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$749
$728
Ownwell’s Davisboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Davisboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Davisboro 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Davisboro, Georgia
Property taxes in Davisboro, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Davisboro is 1.22%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Davisboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Davisboro 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 Davisboro's effective property tax rate to other areas in Georgia and the national median. For comparison, the 31018 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these areas compare with Davisboro provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Davisboro Tax Rate
1.22%
Average Washington County Tax Rate
1.17%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Davisboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31018 | 0.67% | 0.91% | 1.22% | 1.37% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Davisboro, Georgia
In Davisboro, 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 Washington 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 Davisboro, 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. For example, the median home price in Davisboro is $61,424, with tax bills ranging from $278 at the 25th percentile to $2,051 at the 90th percentile. The highest and lowest median tax bills, both at $642, are found in the 31018 zip code. 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 Davisboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Davisboro Assessed Value
$61,424
Average Washington County Assessed Value
$72,145
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Davisboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31018 | $5,400 | $25,150 | $61,424 | $104,975 | $188,076 |
Source: Ownwell
Property Tax Bills Across Davisboro, Georgia
In Davisboro, Washington County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. For example, with a median home price of $61,424, homeowners can expect varying tax bills depending on their property's assessed value and the local tax rate. Several factors influence the final tax bill, including property location, improvements, and any applicable exemptions. The tax bill in Davisboro can range significantly, with the 25th percentile at $278 and the 75th percentile at $1,238. For those at the 90th percentile, the tax bill can go up to $2,051. These property taxes fund essential local services such as public schools, infrastructure, and emergency services. Homeowners in Davisboro should be aware of their property’s assessed value and stay informed about any changes in tax rates or available exemptions to manage their tax obligations effectively.
Average Davisboro Tax Bill
$642
Average Washington County Tax Bill
$762
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Davisboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31018 | $84 | $278 | $642 | $1,238 | $2,051 |
Source: Ownwell