Albany, Worth County, Georgia Property Taxes

Name: Property Tax Bills Across Albany, Worth County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Albany, GA effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Albany, GA home value: $50,978
Median annual Albany, GA tax bill: $355, $2,045 lower than the national median property tax bill of $2,400.

How are property taxes in Worth County calculated?

Property taxes in Albany, 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 Albany’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Albany, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Albany, Worth County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$464

$430

Ownwell’s Albany Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Albany with just two data points. By entering your property's estimated assessed value, our calculator applies Albany’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Worth County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Albany, Worth County, Georgia

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Albany in Worth County, Georgia, has an effective property tax rate of 0.91%. This rate aligns with the highest and lowest median tax rates within the same zip code, indicating a consistent approach to property taxation in the area. Compared to the national median property tax rate of 1.02%, Albany's rate is lower, providing potential savings for property owners. The national median property tax bill is $2,400, which offers a benchmark for understanding local tax obligations. By assessing property taxes, Albany residents can better manage their finances and ensure they are not overpaying. Understanding these local tax dynamics can empower property owners to make informed decisions and potentially appeal for adjustments if discrepancies are found.

Property Tax Rates Across Albany, Worth County, Georgia

Source: Ownwell

0.90%

1.13%

1.36%

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 Albany Tax Rate

0.91%

Median Effective Worth County Tax Rate

1.14%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Albany, Worth County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
31705	0.55%	0.66%	0.91%	1.15%	1.57%

Source: Ownwell

Property Tax Assessment Values Across Albany, Worth County, Georgia

When examining property taxes in Albany, GA, 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 Worth 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 Worth 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 Albany. For example, the median home price in Albany is $50,978, with tax bills ranging significantly across the county. Zip code 31705 has the highest median home price at $50,978.

Property Tax Assessment Values Across Albany, Worth County, Georgia

Source: Ownwell

$50,978

$92,423

$133,868

Median Albany Market Value

$50,978

Median Worth County Market Value

$79,652

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Albany, Worth County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
31705	$16,487	$30,600	$50,978	$81,036	$125,088

Source: Ownwell

Property Tax Bills Across Albany, Worth County, Georgia

In Albany, located in Worth County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $50,978, the property tax bill can vary significantly, ranging from $264 at the 25th percentile to $1,461 at the 90th percentile. The median tax bill stands at $355, which is considerably lower than the national median property tax bill of $2,400. This disparity highlights the region's relatively low property tax burden. However, even with lower taxes, homeowners may still face challenges due to fluctuating property values and changes in local tax rates. This is where Ownwell steps in to assist. By providing expert property tax appeal and exemption services, Ownwell helps homeowners in Albany ensure their tax assessments are fair, potentially reducing their tax bills. With Ownwell's support, homeowners can navigate the complexities of property taxes and achieve significant savings, making homeownership more affordable.

Property Tax Bills Across Albany, Worth County, Georgia

Source: Ownwell

$355

$886

$1,416

Median Albany Tax Bill

$355

Median Worth County Tax Bill

$864

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Albany, Worth County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
31705	$171	$264	$355	$885	$1,461

Source: Ownwell