Geneva, Talbot County, Georgia Property Taxes
Median Geneva, GA effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%. Median Geneva, GA home value: $32,734. Median annual Geneva, GA tax bill: $403, $1,997 lower than the national median property tax bill of $2,400.
How are property taxes in Talbot calculated?
Property taxes in Geneva, 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 Geneva’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Geneva, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Geneva, Talbot County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.24%
Estimate Property Tax Bill
$544
$504
Property Tax Rates Across Geneva, Talbot County, Georgia
Local government entities in Georgia set tax rates, which can vary widely across the state. Annually, each county, such as Talbot, estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Geneva’s effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S. Geneva, located in Talbot County, has a median property tax rate of 1.34%, which is above the national median of 1.02%. This higher rate reflects the local government’s need to fund its services. The property tax bill in Geneva is influenced by this rate, potentially leading to higher tax bills than the national median of $2400. Understanding these differences can help property owners make informed decisions about property tax appeals and exemptions.
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 Geneva Tax Rate
1.24%
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 Talbot County Tax Rate
1.32%
Median Effective Georgia Tax Rate
1.00%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Geneva, Talbot County, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31810 | 0.77% | 1.09% | 1.24% | 1.45% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Geneva, Talbot County, Georgia
When examining property taxes in Geneva, 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 trends. The Talbot County Tax Assessor 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 Talbot 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 Geneva.
For example, the median home price in Geneva is $32,734, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Geneva, Talbot County, Georgia
Source: Ownwell
$43,841
$117,455
$191,068
Median Geneva Market Value
$43,841
Median Talbot County Market Value
$81,452
Median Georgia Market Value
$280,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Geneva, Talbot County, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31810 | $11,078 | $25,060 | $43,841 | $79,221 | $114,509 |
Source: Ownwell
Property Tax Bills Across Geneva, Talbot County, Georgia
In Geneva, located in Talbot County, GA, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. For homeowners in Geneva, the tax bill can vary significantly based on the value of their property. With a median home price of $32,734, the property tax bills range from the 25th percentile at $264 to the 90th percentile at $808. This variation indicates that homeowners with more valuable properties pay higher taxes, which can be a significant financial burden compared to the national median property tax bill of $2,400.
Ownwell offers services to help homeowners in Geneva potentially reduce their property tax bills. By analyzing the assessed value and comparing it to similar properties, Ownwell can identify discrepancies and appeal for a reassessment. This process can lead to a reduction in the tax bill, providing substantial savings for homeowners. By ensuring the assessed value accurately reflects the market value, Ownwell helps homeowners manage and potentially lower their property tax obligations.
Median Geneva Tax Bill
$431
Median Talbot County Tax Bill
$1,027
Median Georgia Tax Bill
$2,476
Median United States Tax Bill
$2,400
Property Tax Bills Across Geneva, Talbot County, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31810 | $84 | $221 | $431 | $967 | $1,612 |
Source: Ownwell