Graysville, Georgia Property Taxes
The median property tax rate in Graysville, GA is 0.90%, 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 $66,904 in Graysville, the typical annual property tax bill is $496, significantly below the national median of $2,690. Property taxes in Graysville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Graysville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Graysville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Graysville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$602
$585
Ownwell’s Graysville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Graysville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Graysville 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 Graysville, Georgia
Property taxes in Graysville, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Graysville is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Graysville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Graysville 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 Graysville's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 30726 has both the highest and lowest median property tax rate of 0.90%. Understanding how these cities compare with Graysville provides valuable insights into the varying tax landscape across Catoosa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Graysville Tax Rate
0.90%
Average Catoosa County Tax Rate
0.90%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Graysville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30726 | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Graysville, Georgia
In Graysville, 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 Catoosa 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 Graysville, 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 Graysville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 30726 has both the highest and lowest median tax bill, recorded at $496.
Average Graysville Assessed Value
$66,904
Average Catoosa County Assessed Value
$192,792
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Graysville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30726 | $11,864 | $36,634 | $66,904 | $110,708 | $160,092 |
Source: Ownwell
Property Tax Bills Across Graysville, Georgia
In Graysville, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. For homeowners in Graysville, the median home price is $66,904. Property tax bills can vary significantly, with the 25th percentile tax bill at $167 and the 75th percentile tax bill reaching $1,014. The 90th percentile tax bill can be as high as $1,440. These figures illustrate the range of tax burdens that homeowners might face, depending on the assessed value of their property and any applicable exemptions. The median tax bill in the area is $496, which is lower than the national median property tax rate of 0.99%. This relatively lower tax burden can make homeownership more affordable in Graysville compared to other regions, potentially attracting more residents to the area. Homeowners should stay informed about their property's assessed value and any changes in local tax rates to manage their tax obligations effectively.
Average Graysville Tax Bill
$496
Average Catoosa County Tax Bill
$1,597
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Graysville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30726 | $94 | $167 | $496 | $1,014 | $1,440 |
Source: Ownwell