Athens, Georgia Property Taxes
The median property tax rate in Athens, GA is 0.86%, 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 $446,254 in Athens, the typical annual property tax bill is $3,711, surpassing the national median of $2,690. Property taxes in Athens are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Athens'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 Athens 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
Athens, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$3,838
$3,727
Ownwell’s Athens Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Athens with just two simple inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Athens to provide an accurate estimate of your property tax bill. This tool is designed to give you a clear understanding of your potential tax liabilities. For those interested in more detailed trends at the neighborhood level, further localized information is available below. Your property's assessed value, determined by the county, is crucial for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Athens, Georgia
Property taxes in Athens, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Athens is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Athens set these rates annually, and they can vary significantly across different neighborhoods. Each year, Athens 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. For comparison, the 30606 zip code has the highest median property tax rate of 0.86%, while the 30605 zip code has the lowest median tax rate of 0.77%. Understanding how these areas compare with Athens provides valuable insights into the varying tax landscape across Oconee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Athens Tax Rate
0.86%
Average Oconee County Tax Rate
0.83%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Athens, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30605 | 0.46% | 0.74% | 0.77% | 0.88% | 0.91% |
| 30606 | 0.72% | 0.80% | 0.86% | 0.93% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Athens, Georgia
In Athens, 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 Oconee 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 Athens, 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. For instance, the median home price in Athens is approximately $446,254. The highest median tax bill is $3,788 in the 30606 zip code, while the lowest is $2,625 in the 30605 zip code. 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 Athens helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Athens Assessed Value
$446,254
Average Oconee County Assessed Value
$356,314
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Athens, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30605 | $167,754 | $286,643 | $343,406 | $412,928 | $555,774 |
| 30606 | $160,520 | $333,080 | $456,682 | $617,218 | $847,365 |
Source: Ownwell
Property Tax Bills Across Athens, Georgia
In Athens, located in Oconee County, GA, property tax bills are calculated based on the assessed value of the home, which is typically a percentage of the market value. The median home price in Athens is $446,254. The assessed value is then multiplied by the local property tax rate to determine the tax bill. Various factors such as property location, home improvements, and exemptions play a role in the final assessment. For homeowners in Athens, the property tax bill can vary significantly. At the 25th percentile, the tax bill is around $2,566, while at the 75th percentile, it goes up to $5,158. The top 10% of tax bills can reach as high as $7,405. The highest median tax bill is found in the 30606 zip code at $3,788, whereas the lowest median tax bill is in the 30605 zip code at $2,625. These tax bills can have a substantial impact on homeowners, influencing overall housing affordability and financial planning.
Average Athens Tax Bill
$3,711
Average Oconee County Tax Bill
$2,870
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Athens, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30605 | $1,112 | $1,968 | $2,625 | $3,203 | $4,011 |
| 30606 | $1,655 | $2,647 | $3,788 | $5,273 | $7,540 |
Source: Ownwell