Is my Lake Park property tax too high?

The median annual property tax bill in Lake Park is $2,318 (Census ACS). If your assessed value is higher than what your home would actually sell for, you are paying more than that. Compare your assessed value to recent sales of comparable homes nearby.

How much of my income goes to property taxes in Lake Park?

At the median, Lake Park homeowners pay 4.47% of their household income ($51,813/year) in property taxes. That is a significant burden -- a successful appeal directly increases your take-home.

Why are Lake Park home values higher than the Lowndes County average?

Lake Park's premium reflects demand driven by school quality, proximity to employment centers, and neighborhood amenities. Higher values mean a larger potential overassessment -- a 10% overvaluation costs approximately $240 per year in excess taxes.

How is my Lake Park property tax bill calculated?

Georgia taxes property at 40% of fair market value. For Lake Park's median home ($258,100), the assessed value is $103,240. Multiply by Lowndes County's millage rate of 2.328% to get your annual bill. In smaller communities like Lake Park, the county may rely on limited data to set your value. If your home is unique or the comparable sales used are a poor match, there is a good chance your assessment is off.

What if there are few comparable sales near Lake Park?

In smaller communities, finding 3-5 recent sales of similar homes can be difficult. Expand your search to other parts of Lowndes County -- the BOE panel understands limited inventory in small towns. Look for homes with similar square footage, lot size, and condition even if they are several miles away.

Can my property tax go up if I appeal?

Losing at the Board of Equalization cannot raise your value, with one exception. Under O.C.G.A. § 48-5-311(e)(9), the Board of Equalization, a hearing officer, or an arbitrator can lower your value but cannot raise it above the value the county assessors set. The exception is a value already frozen by an earlier appeal: on an appeal filed while that freeze is in effect, the Board is not capped and could raise the value. That limit applies to the deciding body; the county assessors can still make changes or corrections to your value when they review your appeal.

Lake Park, GA: Is Your Property Tax Assessment Too High? (2026)

By AppealAlly Team · Published April 1, 2026

The median Lake Park homeowner pays $2,318/year in property taxes. That is 4.47% of median household income. See how Lake Park compares and check your savings potential.

Key Takeaways

Appeal deadline: Georgia law sets it at 45 days from the date of your assessment notice. The date printed on your notice controls. Confirm with your county before you file.Median home value: $258,100 in Lake Park.Median annual tax bill: $2,318.Tax burden: 4.47% of median household income in Lake Park.Potential savings: ~$240/year from a 10% reduction, or $720 over 3 years with the 299c freeze (estimated, subject to the statutory exceptions).Filed with: Lowndes County Board of Assessors (not the city).Free to file: the Board of Equalization can lower your value but cannot raise it above the county assessors' figure, except on a value already frozen by an earlier appeal.

Lake Park Appeal Quick Facts

Appeal Deadline: Georgia law sets it at 45 days from the date of the assessment notice. The date printed on your notice controls. Confirm with your county before you file.
Appeal Form: PT-311A
Filed With: Lowndes County Board of Assessors
Assessor Phone: 229-671-2540
Median Home Value: $258,100 (20% above Lowndes County median)
Median Annual Tax Bill: $2,318 (Census ACS 2024)
Tax Burden: 4.47% of median household income

Is your Lake Park property tax assessment too high?

The median home in Lake Park is valued at $258,100, and the typical homeowner pays about $2,318 per year in property tax (Census ACS 2024), based on Lowndes County's 2.328% combined millage applied to 40% of fair market value after exemptions. That means the typical Lake Park homeowner spends 4.47% of household income on property taxes alone. Lake Park combines higher-than-average home values with a heavy tax burden. If your home is overassessed by even 10%, the cost adds up fast. Higher home values mean a larger tax bill and a bigger payoff from a successful appeal. At $258,100, Lake Park home values are 20% above the Lowndes County median, 51% above Georgia's statewide median of $170,200, 18% below the national median of $318,000.

Check If Your Lake Park Home Is Overassessed

How does Lake Park compare to other Lowndes County cities?

What evidence matters for Lake Park appeals?

In smaller communities like Lake Park, finding comparable sales can be harder. Expand your search to other parts of Lowndes County. The Board of Equalization understands limited inventory in small towns. Focus on homes with similar square footage and condition, even if they are several miles away. For the full evidence strategy, exemption details, and step-by-step filing instructions, see our Lowndes County Property Tax Guide.

How much can you save in Lake Park?

Based on a combined tax rate of 2.328%. Your actual rate may vary by tax district. Three-year figures are estimates and apply only if your value is reduced; you can then keep saving for up to three years, subject to the statutory exceptions.

A 10% reduction on the median Lake Park home ($258,100 down by $25,810) would save approximately $240 per year, or $720 over three years (estimated, subject to the statutory exceptions) with the 299c value freeze.

At 4.47% of household income, even a modest reduction in your assessed value makes a real difference in your annual budget.

File your appeal through Lowndes County

Property tax appeals in Lake Park are filed with the Lowndes County Board of Assessors. To appeal, submit a PT-311A form. Georgia law sets the appeal deadline at 45 days from the date of your assessment notice. The date printed on your notice controls. Confirm with your county before you file.

Lowndes County Board of Assessors: 302 North Patterson St., Valdosta, GA 31601 | 229-671-2540 For the full appeal process and deadline details, see our Lowndes County Property Tax Guide.

Explore Lowndes County

Based on 2024 American Community Survey estimates and Lowndes County millage rates.

Frequently Asked Questions

Is my Lake Park property tax too high?: The median annual property tax bill in Lake Park is $2,318 (Census ACS). If your assessed value is higher than what your home would actually sell for, you are paying more than that. Compare your assessed value to recent sales of comparable homes nearby.
Who do I contact to appeal my Lake Park property tax?: Appeals are filed with the Lowndes County Board of Assessors, not at the city level. File a PT-311A form. Georgia law sets the appeal deadline at 45 days from the date of your assessment notice. The date printed on your notice controls. Confirm with your county before you file.
How much of my income goes to property taxes in Lake Park?: At the median, Lake Park homeowners pay 4.47% of their household income ($51,813/year) in property taxes. That is a significant burden -- a successful appeal directly increases your take-home.
Why are Lake Park home values higher than the Lowndes County average?: Lake Park's premium reflects demand driven by school quality, proximity to employment centers, and neighborhood amenities. Higher values mean a larger potential overassessment -- a 10% overvaluation costs approximately $240 per year in excess taxes.
How is my Lake Park property tax bill calculated?: Georgia taxes property at 40% of fair market value. For Lake Park's median home ($258,100), the assessed value is $103,240. Multiply by Lowndes County's millage rate of 2.328% to get your annual bill. In smaller communities like Lake Park, the county may rely on limited data to set your value. If your home is unique or the comparable sales used are a poor match, there is a good chance your assessment is off.
What if there are few comparable sales near Lake Park?: In smaller communities, finding 3-5 recent sales of similar homes can be difficult. Expand your search to other parts of Lowndes County -- the BOE panel understands limited inventory in small towns. Look for homes with similar square footage, lot size, and condition even if they are several miles away.
Can my property tax go up if I appeal?: Losing at the Board of Equalization cannot raise your value, with one exception. Under O.C.G.A. § 48-5-311(e)(9), the Board of Equalization, a hearing officer, or an arbitrator can lower your value but cannot raise it above the value the county assessors set. The exception is a value already frozen by an earlier appeal: on an appeal filed while that freeze is in effect, the Board is not capped and could raise the value. That limit applies to the deciding body; the county assessors can still make changes or corrections to your value when they review your appeal.