Sale City, Georgia Property Taxes
The median property tax rate in Sale City, GA is 1.39%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Sale City, the typical annual property tax bill reaches $1,224, which is lower than the national median of $2,690. Property taxes in Sale City 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 Sale City'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 Sale City or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sale City, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.39%
Estimate Property Tax Bill
$1,019
$989
Ownwell’s Sale City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sale City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sale City 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 Sale City, Georgia
Property taxes in Sale City, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sale City is 1.39%, significantly higher than the U.S. national median of 0.99%. Local government entities within Sale City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sale City 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 Sale City's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31784 ZIP code has both the highest and lowest median property tax rate of 1.39%. Understanding how these cities compare with Sale City provides valuable insights into the varying tax landscape across Mitchell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sale City Tax Rate
1.39%
Average Mitchell County Tax Rate
1.39%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sale City, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31784 | 1.39% | 1.39% | 1.39% | 1.83% | 1.83% |
Source: Ownwell
Property Tax Assessment Values Across Sale City, Georgia
In Sale City, 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 Mitchell 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 Sale City, 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 Sale City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Sale City is $1,224 in the 31784 zip code, while the lowest is also $1,224 in the same zip code.
Average Sale City Assessed Value
$73,275
Average Mitchell County Assessed Value
$70,760
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sale City, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31784 | $18,466 | $38,610 | $73,275 | $149,645 | $300,800 |
Source: Ownwell
Property Tax Bills Across Sale City, Georgia
In Sale City, located in Mitchell County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county tax assessor. The assessed value is typically a percentage of the home's market value. Homeowners in Sale City can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $632, while at the 75th percentile, it reaches $2,385, and at the 90th percentile, it can be as high as $4,404. The median home price in Sale City stands at $73,275, which influences the overall tax bill. Compared to the national median property tax rate of 0.99%, the property taxes in Sale City can be seen as a significant expense for homeowners. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life in the community.
Average Sale City Tax Bill
$1,224
Average Mitchell County Tax Bill
$1,122
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Sale City, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31784 | $325 | $632 | $1,224 | $2,385 | $4,404 |
Source: Ownwell