Danielsville, Georgia Property Taxes
The median property tax rate in Danielsville, GA is 0.84%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $119,556 in Danielsville, the typical annual property tax bill is $1,005, significantly below the national median of $2,690. Property taxes in Danielsville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Danielsville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you reside in the heart of Danielsville or another part of Banks County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Danielsville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$1,004
$975
Ownwell’s Danielsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Danielsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Danielsville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Danielsville, Georgia
Property taxes in Danielsville, Georgia, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Danielsville is 0.64%, significantly lower than both the Georgia state median of 0.83% and the U.S. national median of 0.99%. Local government entities within Danielsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Danielsville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Danielsville's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30633 has the highest median property tax rate of 0.64%, while the same zip code also has the lowest median tax rate of 0.64%. Understanding how these cities compare with Danielsville provides valuable insights into the varying tax landscape across Madison County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Danielsville Tax Rate
0.84%
Average Banks County Tax Rate
0.79%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Danielsville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30633 | 0.40% | 0.52% | 0.84% | 0.85% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Danielsville, Georgia
In Danielsville, Georgia, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Banks County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Danielsville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Danielsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1005, found in zip code 30633.
Average Danielsville Assessed Value
$119,556
Average Banks County Assessed Value
$198,598
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Danielsville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30633 | $53,674 | $94,065 | $119,556 | $229,939 | $326,141 |
Source: Ownwell
Property Tax Bills Across Danielsville, Georgia
In Danielsville, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Banks County, where Danielsville is located, see their tax bills influenced by several factors, including the assessed value and the local tax rate. The median home price in Danielsville is $119,556, which helps determine the assessed value for tax purposes. The tax bill can vary significantly, with the 25th percentile at $369, the 75th percentile at $2,290, and the 90th percentile reaching $2,733. This variation highlights the impact of property value and local tax rates on individual tax bills. For instance, the highest median tax bill in the area is $1,005, found in the 30633 zip code. Compared to the national median property tax rate of 0.99%, property taxes in Danielsville can be a significant consideration for homeowners. Understanding how these taxes are calculated helps homeowners budget accordingly and plan for their financial obligations.
Average Danielsville Tax Bill
$1,005
Average Banks County Tax Bill
$1,442
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Danielsville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30633 | $362 | $369 | $1,005 | $2,290 | $2,733 |
Source: Ownwell