Barnesville, Georgia Property Taxes
The median property tax rate in Barnesville, GA is 1.05%, slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $114,586 in Barnesville, the typical annual property tax bill amounts to $1,197, which is below the national median of $2,690. Property taxes in Barnesville are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Barnesville'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 Barnesville 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
Barnesville, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Barnesville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Barnesville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Barnesville 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 Barnesville, Georgia
Property taxes in Barnesville, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Barnesville is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Barnesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Barnesville 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 Barnesville's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30204 has the highest median property tax rate of 1.05%, while the same zip code also has the lowest median tax rate of 1.05%. Understanding how these cities compare with Barnesville provides valuable insights into the varying tax landscape across Lamar County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Barnesville Tax Rate
1.05%
Average Upson County Tax Rate
1.06%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Barnesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30204 | 0.47% | 0.72% | 1.05% | 1.25% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Barnesville, Georgia
In Barnesville, 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 Upson 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 Barnesville, 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 Barnesville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 30204, with a median tax bill of $1,197.
Average Barnesville Assessed Value
$114,586
Average Upson County Assessed Value
$90,355
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Barnesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30204 | $43,591 | $78,078 | $114,586 | $194,592 | $269,428 |
Source: Ownwell
Property Tax Bills Across Barnesville, Georgia
In Barnesville, located in Upson County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is typically a percentage of the property's market value. For instance, if a home's market value is $114,586, the assessed value would be a fraction of that amount, as defined by local regulations. The property tax rate, or millage rate, is then applied to the assessed value to calculate the annual tax bill. Several factors influence this tax bill, including the property's location, size, and any applicable exemptions. Homeowners in Barnesville can expect a wide range of tax bills. For example, the 25th percentile tax bill is around $608, while the 75th percentile reaches $2,159, and the 90th percentile can go up to $3,271. These variations significantly impact homeowners, as higher property taxes can affect household budgets and overall affordability. The median property tax rate in Barnesville is $1,197, which is above the national median of 0.99%.
Average Barnesville Tax Bill
$1,197
Average Upson County Tax Bill
$932
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Barnesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30204 | $254 | $608 | $1,197 | $2,159 | $3,271 |
Source: Ownwell