Brooklet, Georgia Property Taxes
The median property tax rate in Brooklet, GA is 0.97%, slightly below the national median of 0.99% and significantly lower than the Georgia state median of 1.08%. With the median home value in Brooklet at $207,700, the typical annual property tax bill is around $1,983, which is less than the national median of $2,690. Property taxes in Brooklet are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Brooklet'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 Brooklet 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
Brooklet, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$2,015
$1,957
Ownwell’s Brooklet Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brooklet with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brooklet 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 Brooklet, Georgia
Property taxes in Brooklet, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brooklet is 0.97%, slightly lower than the U.S. national median of 0.99%. Local government entities within Brooklet set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brooklet 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 Brooklet's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 30415 has both the highest and lowest median property tax rate of 0.97%. Understanding how these cities compare with Brooklet provides valuable insights into the varying tax landscape across Bulloch County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brooklet Tax Rate
0.97%
Average Bulloch County Tax Rate
0.97%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brooklet, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30415 | 0.78% | 0.93% | 0.97% | 1.08% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Brooklet, Georgia
In Brooklet, 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 Bulloch 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 Brooklet, 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 Brooklet 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 in Brooklet is 30415, with a median tax bill of $1,983.
Average Brooklet Assessed Value
$207,700
Average Bulloch County Assessed Value
$190,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brooklet, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30415 | $56,828 | $113,818 | $207,700 | $281,342 | $383,990 |
Source: Ownwell
Property Tax Bills Across Brooklet, Georgia
In Brooklet, located in Bulloch County, GA, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the property's market value, which is determined by the local tax assessor. For Brooklet, the median home price stands at $207,700. Factors that influence the tax bill include the property's assessed value, the local tax rate, and any applicable exemptions or deductions. Homeowners in Brooklet can expect varying tax bills. For instance, those at the 25th percentile pay around $1,061, while those at the 75th percentile face bills closer to $2,937. At the 90th percentile, tax bills can reach up to $3,822. These figures highlight the range of property tax burdens within the city. Comparing these numbers to the national median property tax rate of 0.99%, Brooklet's property tax rates are relatively moderate, making it a financially manageable location for homeowners.
Average Brooklet Tax Bill
$1,983
Average Bulloch County Tax Bill
$1,868
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Brooklet, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30415 | $515 | $1,061 | $1,983 | $2,937 | $3,822 |
Source: Ownwell