Alamo, Georgia Property Taxes
The median property tax rate in Alamo, 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 Alamo, the typical annual property tax bill reaches $543, which is significantly lower than the national median of $2,690. Property taxes in Alamo 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 Alamo'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 Alamo 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
Alamo, 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 Alamo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alamo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alamo 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 Alamo, Georgia
Property taxes in Alamo, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Alamo is 1.20%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Alamo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alamo 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 Alamo's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30411 zip code has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Alamo provides valuable insights into the varying tax landscape across Wheeler County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alamo Tax Rate
1.20%
Average Wheeler County Tax Rate
1.21%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alamo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30411 | 0.70% | 0.96% | 1.20% | 1.27% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Alamo, Georgia
In Alamo, 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 Wheeler 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 Alamo, 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 Alamo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 30411 has the highest and lowest median tax bill, both at $543.
Average Alamo Assessed Value
$49,570
Average Wheeler County Assessed Value
$50,100
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alamo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30411 | $15,380 | $27,328 | $49,570 | $93,879 | $167,700 |
Source: Ownwell
Property Tax Bills Across Alamo, Georgia
In Alamo, located in Wheeler County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Alamo typically see a range in their tax bills, with the 25th percentile paying around $286, while those in the 75th percentile face bills closer to $1,085. At the higher end, the 90th percentile tax bill can reach up to $1,712. The median home price in Alamo is $49,570, which significantly influences the tax amount owed. Compared to the national median property tax rate of 0.99%, Alamo's property taxes are relatively modest. Various factors such as local government budgets, public service funding, and school district requirements also play a role in determining the final tax bill. For homeowners, understanding these factors is crucial as they directly impact annual expenses and the overall affordability of owning property in Alamo.
Average Alamo Tax Bill
$543
Average Wheeler County Tax Bill
$553
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Alamo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30411 | $126 | $286 | $543 | $1,085 | $1,712 |
Source: Ownwell