Lindale, Georgia Property Taxes
The median property tax rate in Lindale, GA is 1.18%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Lindale at $112,732, the typical annual property tax bill reaches $1,040, which is below the national median of $2,690. Property taxes in Lindale are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Lindale'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 Lindale 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
Lindale, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$1,330
$1,292
Ownwell’s Lindale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lindale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lindale 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 Lindale, Georgia
Property taxes in Lindale, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Lindale is 1.18%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Lindale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lindale 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 Lindale's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30147 zip code has both the highest and lowest median property tax rate of 1.18%. Understanding how these areas compare with Lindale provides valuable insights into the varying tax landscape across Floyd County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lindale Tax Rate
1.18%
Average Floyd County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lindale, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30147 | 0.22% | 0.61% | 1.18% | 1.43% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Lindale, Georgia
In Lindale, 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 Floyd 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. 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 Lindale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $1,040 in the 30147 zip code.
Average Lindale Assessed Value
$112,732
Average Floyd County Assessed Value
$141,916
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lindale, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30147 | $41,023 | $69,984 | $112,732 | $165,928 | $236,904 |
Source: Ownwell
Property Tax Bills Across Lindale, Georgia
In Lindale, GA, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Various factors influence the tax bill, including the property's location, size, and any applicable exemptions. For homeowners in Lindale, the median home price is $112,732. The tax bills can vary significantly, with the 25th percentile at $520 and the 75th percentile reaching $1,719. At the 90th percentile, tax bills can go up to $2,535. Despite these variations, the median tax bill in the area is $1,040, which is considerably higher than the national median property tax rate of 0.99%. This higher rate can impact homeowners by increasing their annual financial obligations, making it essential to understand and potentially appeal their property assessments.
Average Lindale Tax Bill
$1,040
Average Floyd County Tax Bill
$1,460
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Lindale, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30147 | $177 | $520 | $1,040 | $1,719 | $2,535 |
Source: Ownwell