Five Points, Troup County, Georgia Property Taxes

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

Median Five Points, GA effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Five Points, GA home value: $284,050
Median annual Five Points, GA tax bill: $3,116, $716 higher than the national median property tax bill of $2,400.

How are property taxes in Troup County calculated?

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

Last Updated March 1, 2025

Five Points, Troup County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$3,125

$2,899

Ownwell’s Five Points Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Five Points with just two data points.

By entering your property's estimated assessed value, our calculator applies Five Points’ 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 Troup County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Five Points, Troup County, Georgia

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Five Points’ effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S.

In Five Points, located in Troup County, property owners face a tax rate that is slightly above the national median. Georgia's median property tax rate is 1.10%, which is higher than the national median of 1.02%. This means that homeowners in Five Points may find themselves paying a bit more than the average American household. Understanding these variations can help property owners make informed decisions about their investments and financial planning. By appealing your property tax assessment, you could potentially lower your tax burden and save money.

Property Tax Rates Across Five Points, Troup County, Georgia

Source: Ownwell

1.08%

1.10%

1.12%

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 Five Points Tax Rate

1.10%

Median Effective Troup County Tax Rate

1.12%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Five Points, Troup County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
36855	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Five Points, Troup County, Georgia

When examining property taxes in Five Points, 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 Troup County Tax Assessor's Office 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 Troup 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 Five Points. For example, the median home price in Five Points is $284,050, with tax bills ranging significantly across the county. 30241 has the highest median home price at $369,100.

Property Tax Assessment Values Across Five Points, Troup County, Georgia

Source: Ownwell

$98,910

$138,128

$177,345

Median Five Points Market Value

$284,050

Median Troup County Market Value

$135,885

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Five Points, Troup County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
36855	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Five Points, Troup County, Georgia

In Five Points, located in Troup County, Georgia, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Homeowners in Five Points face a property tax bill that varies, with the 25th percentile at $2,679 and the 75th percentile reaching $3,339. The tax bill at the 90th percentile is $3,691. This range of tax bills indicates that many homeowners in Five Points are paying above the national median property tax bill of $2,400, despite Georgia's generally lower property tax rates. Factors such as local tax rates, property location, and assessed value influence the final tax bill. This can significantly impact homeowners, especially those with properties on the higher end of the value spectrum. Ownwell assists homeowners in Five Points by offering property tax appeal services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners pay a fair tax amount, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Five Points, Troup County, Georgia

Source: Ownwell

$1,010

$1,481

$1,952

Median Five Points Tax Bill

$3,116

Median Troup County Tax Bill

$1,420

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Five Points, Troup County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
36855	N/A	N/A	N/A	N/A	N/A

Source: Ownwell