Sasser, Georgia Property Taxes
The median property tax rate in Sasser, GA is 1.18%, which is considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Sasser, the typical annual property tax bill reaches $536, which is significantly lower than the national median of $2,690. Property taxes in Sasser 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 Sasser'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 Sasser 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
Sasser, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$510
$496
Ownwell’s Sasser Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sasser with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sasser 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 Sasser, Georgia
Property taxes in Sasser, Georgia, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Sasser is 1.18%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Sasser set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sasser 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 Sasser's effective property tax rate to other counties in Georgia and the national median. For comparison, the 39885 zip code has the highest median property tax rate of 1.18%, while the 39885 zip code also has the lowest median tax rate of 1.18%. Understanding how these cities compare with Sasser provides valuable insights into the varying tax landscape across Terrell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sasser Tax Rate
1.18%
Average Terrell County Tax Rate
1.24%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sasser, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39885 | 0.91% | 1.13% | 1.18% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Sasser, Georgia
In Sasser, 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 Terrell 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 Sasser, 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. The median home price in Sasser is $43,240, with tax bills ranging from $222 at the 25th percentile to $961 at the 90th percentile. The zip code 39885 has both the highest and lowest median tax bill at $536. By understanding 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 Sasser helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Sasser Assessed Value
$43,240
Average Terrell County Assessed Value
$67,472
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sasser, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39885 | $13,828 | $19,068 | $43,240 | $66,752 | $82,517 |
Source: Ownwell
Property Tax Bills Across Sasser, Georgia
In Sasser, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is typically a percentage of the property's market value. For homeowners in Terrell County, the median home price stands at $43,240. Property tax rates in this area are influenced by various factors, including local government budgets and public service funding needs. Homeowners in Sasser can expect tax bills that vary significantly. For instance, the 25th percentile tax bill is around $222, while the 75th percentile reaches $706. At the higher end, the 90th percentile tax bill is approximately $961. These figures highlight the range of property tax burdens that residents might face, depending on their property's assessed value and specific tax rate. Comparatively, the national median property tax rate is 0.99%. Understanding these local property tax dynamics is essential for homeowners, as they directly impact annual financial planning and long-term investment in their property.
Average Sasser Tax Bill
$536
Average Terrell County Tax Bill
$779
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Sasser, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39885 | $124 | $222 | $536 | $706 | $961 |
Source: Ownwell