Arabi, Georgia Property Taxes
The median property tax rate in Arabi, GA is 1.26%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Arabi, the typical annual property tax bill reaches $1,214, exceeding the national median of $2,690. Property taxes in Arabi 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 Arabi'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 Arabi 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
Arabi, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.26%
Estimate Property Tax Bill
$1,525
$1,481
Ownwell’s Arabi Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Arabi with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Arabi 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 Arabi, Georgia
Property taxes in Arabi, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Arabi is 1.26%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Arabi set these rates annually, and they can vary significantly across different neighborhoods. Each year, Arabi 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 Arabi's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31712 zip code has the highest median property tax rate of 1.26%, while the same zip code also has the lowest median tax rate of 1.26%. Understanding how these cities compare with Arabi provides valuable insights into the varying tax landscape across Worth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Arabi Tax Rate
1.26%
Average Worth County Tax Rate
1.14%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Arabi, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31712 | 0.54% | 0.76% | 1.26% | 1.46% | 1.74% |
Source: Ownwell
Property Tax Assessment Values Across Arabi, Georgia
In Arabi, 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 Worth 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. 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. In Arabi, the median home price is $121,000, and the tax bill varies significantly, with the 25th percentile at $973 and the 75th percentile at $2,235. The highest and lowest median tax bill is $1,214, found in the 31712 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Arabi Assessed Value
$121,000
Average Worth County Assessed Value
$79,652
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Arabi, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31712 | $55,501 | $68,225 | $121,000 | $188,264 | $454,366 |
Source: Ownwell
Property Tax Bills Across Arabi, Georgia
In Arabi, located in Worth County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners can expect a range of tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is approximately $973, while the 75th percentile tax bill reaches around $2,235, and the 90th percentile tax bill can go up to $3,139. These figures illustrate the variability in tax burdens among homeowners. The assessed value is influenced by factors such as the property's location, size, and condition. Comparing these figures to the national median property tax rate of 0.99%, homeowners in Arabi may find their tax bills relatively manageable. The highest and lowest median tax bills in Worth County both stand at $1,214, suggesting a consistent tax rate across the area. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Arabi Tax Bill
$1,214
Average Worth County Tax Bill
$864
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Arabi, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31712 | $749 | $973 | $1,214 | $2,235 | $3,139 |
Source: Ownwell