The Rock, Georgia Property Taxes
The median property tax rate in THE ROCK, GA is 1.20%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in THE ROCK at $147,205, the typical annual property tax bill reaches $1,781, which is below the national median of $2,690. Property taxes in THE ROCK 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 THE ROCK'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 THE ROCK 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
The Rock, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,766
$1,716
Ownwell’s THE ROCK Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in THE ROCK with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in THE ROCK 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 The Rock, Georgia
Property taxes in THE ROCK, Georgia, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in THE ROCK stands at 1.20%, which is higher than the U.S. national median of 0.99%. Local government entities within THE ROCK set these rates annually, and they can vary significantly across different neighborhoods. Each year, THE ROCK 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 THE ROCK's effective property tax rate to other counties in Georgia and the national median. For comparison, the ZIP code 30285 has the highest median property tax rate of 1.20%, while the lowest median tax rate is also 1.20%. Understanding how these cities compare with THE ROCK provides valuable insights into the varying tax landscape across Pike County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average The Rock Tax Rate
1.20%
Average Pike County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across The Rock, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30285 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across The Rock, Georgia
In THE ROCK, 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 Pike 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 THE ROCK, 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. The median home price in THE ROCK is $147,205, with tax bills ranging from $1,168 at the 25th percentile to $4,409 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average The Rock Assessed Value
$147,205
Average Pike County Assessed Value
$183,516
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across The Rock, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30285 | $67,654 | $94,706 | $147,205 | $236,926 | $365,400 |
Source: Ownwell
Property Tax Bills Across The Rock, Georgia
In The Rock, Pike County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The county's tax assessor determines this assessed value, and it is then multiplied by the local tax rate to calculate the annual tax bill. For instance, the median home price in The Rock is $147,205, and property tax bills range significantly, with the 25th percentile at $1,168 and the 75th percentile at $2,822. Several factors influence the tax bill, including the property's location, size, and condition. Local government budgets and required revenues also play a crucial role in determining the tax rate. Homeowners in The Rock may see a substantial impact on their finances, especially compared to the national median property tax rate of 0.99%. The highest median tax bill in the area is $1,781, highlighting the variability within the region. Understanding these factors can help homeowners anticipate their property tax obligations and plan accordingly.
Average The Rock Tax Bill
$1,781
Average Pike County Tax Bill
$2,220
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across The Rock, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30285 | $837 | $1,168 | $1,781 | $2,822 | $4,409 |
Source: Ownwell