Newnan, Georgia Property Taxes
The median property tax rate in Newnan, GA is 0.83%, which is lower than both the national median of 0.99% and the Georgia state median of 0.92%. With a median home value of $259,700 in Newnan, the typical annual property tax bill amounts to $2,155, significantly below the national median of $2,690. Property taxes in Newnan are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Navigating Newnan's property tax system, exploring available exemptions, and identifying potential reductions can lead to substantial annual savings. Whether you're in the heart of Newnan or another part of Coweta County, understanding the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Newnan, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$4,187
$4,066
$1,148
Average Newnan, Georgia Tax Savings
Ownwell’s Newnan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Newnan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Newnan to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Newnan. 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 Newnan, Georgia
Property taxes in Newnan, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Newnan is 0.99%, aligning with both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Newnan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Newnan 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 Newnan's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30263 has both the highest and lowest median property tax rate of 0.99%. Understanding how these cities compare with Newnan provides valuable insights into the varying tax landscape across Coweta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Newnan Tax Rate
0.99%
Average Fulton County Tax Rate
1.05%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Newnan, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30263 | 0.99% | 0.99% | 0.99% | 0.99% | 0.99% |
Source: Ownwell
$1,148
Average Newnan Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Newnan, Georgia
In Newnan, 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 Fulton 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 Newnan, 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 Newnan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills in Newnan is 30263, with a median tax bill of $4,187.
Average Newnan Assessed Value
$422,900
Average Fulton County Assessed Value
$326,600
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Newnan, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30263 | $422,900 | $422,900 | $422,900 | $422,900 | $422,900 |
Source: Ownwell
$1,148
Average Newnan Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Newnan, Georgia
In Newnan, located in Coweta County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the final tax bill. Factors such as property improvements, location, and market trends can influence the assessed value, ultimately impacting the homeowner's tax obligation. For instance, with a median home price of $422,900, homeowners in Newnan can expect a significant tax bill, often around $4,187. High property tax bills can be burdensome, but Ownwell offers a solution. By leveraging their expertise in property tax appeals and exemptions, Ownwell helps homeowners ensure their property is accurately assessed, potentially lowering their tax obligations. With a national median property tax rate of 0.99%, Ownwell’s assistance can make a substantial difference, providing peace of mind and financial relief to homeowners in Newnan.
Average Newnan Tax Bill
$4,187
Average Fulton County Tax Bill
$3,345
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Newnan, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30263 | $4,187 | $4,187 | $4,187 | $4,187 | $4,187 |
Source: Ownwell
$1,148
Average Newnan Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 2 |
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Fulton Assessor's Office | |
| Phone | (404) 612-6440 |
| Website | qpublic.schneidercorp.com |
| boa@fultoncountyga.gov | |
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