Average Tax Assessment in Troup County
Real Estate Values and Property Tax Valuation in Troup County, Georgia
Troup County has a total of 22,977 properties with a cumulative value of $3.2B, representing 0.40% of all real estate value in Georgia. Property taxes in Troup County are collected across these properties, totaling $36.1M. The average homeowner in Troup County pays $1,573 in property taxes, which is lower than the state average of $2,360. The average property tax rate in Troup County is 1.12%, which is higher than the state average of 1.00%. Properties are valued for tax purposes based on their fair market value.
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.
Updated November 01, 2023
| Important Links | |
|---|---|
| Troup Assessor | (706) 883-1625 |
| Troup Clerk of Court | (706) 883-1740 |
| Troup Tax Commissioner | (706) 883-1620 |
| 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 | |
|---|---|
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Not Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Troup County
Residential Property Taxes by Cities in Troup County
Troup County has an average property tax rate of 1.12%, which is slightly lower than the national average of 1.19%. This rate is applied to all properties in the county, regardless of location. However, the effective property tax rate can vary significantly from city to city. For example, Hogansville has the highest effective property tax rate in the county at 1.17%, while Pine Mountain has the lowest at 0.99%. This means that homeowners in Hogansville will pay more in property taxes than those in Pine Mountain.
Overall, Troup County has a relatively low property tax rate compared to other counties in the state. This makes it an attractive option for homeowners looking to save money on their property taxes. However, it is important to note that the effective property tax rate can vary significantly from city to city, so it is important to research the rates in each city before making a decision.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Troup County. 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.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hogansville | $26,000 | $46,900 | $93,000 | $156,695 | $235,240 |
| Lagrange | $31,400 | $59,900 | $117,900 | $179,615 | $271,090 |
| Pine Mountain | $52,858 | $83,400 | $138,220 | $222,330 | $336,658 |
| West Point | $32,600 | $52,900 | $81,400 | $134,730 | $200,840 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Troup County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hogansville | $265 | $528 | $1,101 | $1,920 | $2,748 |
| Lagrange | $298 | $612 | $1,317 | $2,068 | $3,098 |
| Pine Mountain | $481 | $820 | $1,489 | $2,281 | $3,397 |
| West Point | $271 | $520 | $876 | $1,510 | $2,247 |
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.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hogansville | 1.02% | 1.13% | 1.18% | 1.23% | 1.17% |
| Lagrange | 0.95% | 1.02% | 1.12% | 1.15% | 1.14% |
| Pine Mountain | 0.91% | 0.98% | 1.08% | 1.03% | 1.01% |
| West Point | 0.83% | 0.98% | 1.08% | 1.12% | 1.12% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Troup County
The data from Redfin shows that home prices in Troup County, Georgia have decreased significantly from October 2022 to October 2023, with a decrease of 36.72%. This is likely due to the decrease in home inventory, which dropped from 157 in October 2022 to 200 in October 2023. This suggests that there is less demand for homes in Troup County, resulting in lower prices. This trend is likely reflective of the overall housing market in Georgia, as home prices have been decreasing across the state.
Average Home Value in Troup County, Georgia
Last updated: November 2023
Percent Change in Total Home Sales in Troup County
Last updated: November 2023
Percent Change in New Home Listings in Troup County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Troup County
Troup County has a total of $865.8M in outstanding home mortgage loans, with 6.1K loans in total. This represents a significant portion of the total home value in the county, indicating that many residents are taking advantage of the low interest rates to purchase or refinance their homes. The median mortgage rate in Troup County varies across cities, with the highest rate being 4.03% in West Point and the lowest rate being 3.93% in Hogansville. This variation in rates across cities allows residents to shop around and find the best rate for their needs. Overall, Troup County has a strong mortgage market, with a large number of outstanding loans and competitive rates.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Troup County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hogansville | $48,165 | $73,794 | $119,401 | $184,332 | $236,872 |
| Lagrange | $52,043 | $83,070 | $124,978 | $179,717 | $249,483 |
| Pine Mountain | $51,095 | $80,991 | $129,145 | $172,079 | $257,886 |
| West Point | $41,860 | $63,243 | $109,427 | $147,013 | $202,947 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Troup County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Hogansville | 2.90% | 3.41% | 3.93% | 4.50% | 5.50% |
| Lagrange | 2.90% | 3.37% | 3.93% | 4.62% | 5.86% |
| Pine Mountain | 2.90% | 3.29% | 3.94% | 4.71% | 5.74% |
| West Point | 2.90% | 3.40% | 4.03% | 4.78% | 5.79% |
Housing Expenses in Troup County, Georgia
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- 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.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- 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.
- 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.