Tarrytown, Georgia Property Taxes
The median property tax rate in Tarrytown, GA is 1.03%, slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With the median home value in Tarrytown at $78,500, the typical annual property tax bill amounts to $700, which is well below the national median of $2,690. Property taxes in Tarrytown are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Tarrytown'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 Tarrytown or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tarrytown, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$809
$785
Ownwell’s Tarrytown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tarrytown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tarrytown 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 Tarrytown, Georgia
Property taxes in Tarrytown, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tarrytown is 1.03%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Tarrytown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tarrytown 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 Tarrytown's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30470 zip code has the highest median property tax rate of 1.03%, while the same zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with Tarrytown provides valuable insights into the varying tax landscape across Treutlen County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tarrytown Tax Rate
1.03%
Average Treutlen County Tax Rate
1.05%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tarrytown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30470 | 0.70% | 0.89% | 1.03% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Tarrytown, Georgia
In Tarrytown, 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 Treutlen 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 Tarrytown, 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 Tarrytown is $78,500, with tax bills ranging from $343 at the 25th percentile to $2,766 at the 90th percentile. The zip code with the highest and lowest median tax bill is 30470, at $700. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Tarrytown Assessed Value
$78,500
Average Treutlen County Assessed Value
$53,872
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tarrytown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30470 | $23,216 | $34,000 | $78,500 | $161,600 | $285,260 |
Source: Ownwell
Property Tax Bills Across Tarrytown, Georgia
In Tarrytown, property tax bills are calculated based on the assessed value of a home, which is determined by the Treutlen County tax assessor. The assessed value is typically a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Tarrytown, the tax bill can vary significantly. For instance, the 25th percentile of tax bills is around $343, while the 75th percentile reaches $1,560, and the 90th percentile can be as high as $2,766. These variations are influenced by factors such as property size, location, and any applicable exemptions. The median home price in Tarrytown is $78,500, which provides a basis for understanding typical tax bills in the area. Compared to the national median property tax rate of 0.99%, Tarrytown's tax rates can have a significant impact on homeowners, making it crucial for them to understand their tax assessments and potential savings through appeals or exemptions.
Average Tarrytown Tax Bill
$700
Average Treutlen County Tax Bill
$516
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Tarrytown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30470 | $184 | $343 | $700 | $1,560 | $2,766 |
Source: Ownwell