Real Estate Values and Property Tax Valuation in Albany, Georgia

Albany has 28,133 properties with a cumulative value of $2.7B, making up 99.72% of all real estate value in Dougherty County. Property taxes are collected on these properties, with an average of $1,554 per homeowner and a tax rate of 1.61%. Property taxes are based on the assessed value of the property, which is determined by the local tax assessor.

The property tax timeline in Georgia begins on January 1st, when the property values are assessed. Property value notices are then issued between April and July, and property owners have 30 to 45 days after the notices are mailed to file an appeal. Finally, property tax bills are issued on September 1st.

Important Dates
Property Valuation Date:January 1st
Property Value Notices Issued:April - July
Property Tax Appeal Deadline:30 to 45 days after notices mailed
Property Tax Bills Issued:September 1st
Real Property Tax Bill Due (1st of #):May - December, Varies by jurisdiction, Fulton County - October 15th
Available Exemptions
SeniorAvailable
DisabledAvailable
HomesteadAvailable
VeteranAvailable
Solar/WindNot Available
CharitableAvailable

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Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Real Estate Statistics in Albany, Georgia

Total Real Estate Value
$2.7B
Total Real Property Taxes
$43.7M
Average Property Tax Rate
1.61%
# of Real Properties
28,133

Residential Property Tax by ZIP code in Albany, Georgia

Albany, Georgia has an average property tax rate of 1.61%, which is in line with the average property tax rate for Dougherty County. This rate is applied to the assessed value of a property to calculate the total amount of property taxes due. However, property tax rates can vary across Albany ZIP codes due to differences in home values. For example, the ZIP code with the highest effective property tax rate is 31707, with a rate of 1.66%, while the ZIP code with the lowest effective property tax rate is 31721, with a rate of 1.58%. This means that homeowners in 31707 will pay more in property taxes than homeowners in 31721. In 2023, the total amount of property taxes collected in Albany is estimated to be $1,554.

Overall, Albany property tax rates are in line with the rest of Dougherty County, but there are variations across ZIP codes due to differences in home values. Homeowners should be aware of the effective property tax rate in their ZIP code in order to accurately calculate their total property tax bill.

Tax Assessment Value

The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Albany, Georgia. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
31701$21,300$32,200$49,700$73,975$119,910
31705$10,808$29,100$48,000$76,600$109,170
31707$42,200$58,950$81,900$114,400$149,960
31721$61,000$92,900$135,900$190,075$276,270

Property Tax Bill

This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Albany, Georgia.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
31701$328$499$796$1,210$1,994
31705$170$451$763$1,246$1,791
31707$671$961$1,358$1,909$2,542
31721$907$1,523$2,270$3,171$4,579

Effective Property Tax Rate

The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.

ZIP Code10th Percentile25th PercentileMedian75th Percentile90th Percentile
31701 1.54% 1.55% 1.60% 1.64% 1.66%
31705 1.57% 1.55% 1.59% 1.63% 1.64%
31707 1.59% 1.63% 1.66% 1.67% 1.70%
31721 1.49% 1.64% 1.67% 1.67% 1.66%

Reduce your property tax bill with Ownwell

Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

Real Estate Values in Albany, Georgia

Median Sale Price
$237.4K
Total Inventory
49
% Change in Median Sale Price
268.14%
12-month Change

Average Home Value in Albany, Georgia

Last updated: November 2023

Average home value over time in Albany, Georgia

Last updated: November 2023

Total unique home listings in Albany, Georgia

Last updated: November 2023

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Housing Expenses in Albany, Georgia

Housing expenses are a major part of the average household budget in the state. In fact, housing expenses account for nearly one-third of total expenses for the average household. As inflation continues, housing expenses continue to rise, eating up an ever-increasing portion of the household budget. Property taxes are the second largest component of housing expenses for the average property owner in the state, making up a significant portion of the total housing expenses. As housing expenses continue to rise, it is important for households to budget carefully and plan for the future to ensure they can afford their housing expenses.

Monthly Consumer Expenses for South region

Reduce your property tax bill with Ownwell

Ownwell will evaluate your property tax assessment, build a case, and file an appeal. With our Savings-or-Free guarantee, only pay 25% of your property tax bill savings!

With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.

How Ownwell works?

  1. Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
  2. Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
  3. Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
  4. When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.

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Frequently asked questions

We currently operate in Texas, California, Washington, Georgia, Florida and Illinois.
We use a private national data provider that cross-references with county recorder's offices to verify ownership. If in the event our system is unable to verify the property, our team will take further steps to investigate ownership and reach out to the customer for confirmation.
Our success rate varies across geographies; however, in any given year, we typically win more than 70% of our cases, saving clients an average of $1,457 on their property taxes.
Yes, in the market areas we serve, we have a dedicated Property Tax Consultant that is physically present in the market they are servicing. The specialist assigned to your property has the necessary geographical competence to provide exemplary service!
The average property tax rate in Albany is 1.61%.
The following exemptions and discounts are available in Albany: Charitable, Disabled, Homestead and Senior