Hephzibah, Georgia Property Taxes
The median property tax rate in Hephzibah, GA is 0.76%, notably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Hephzibah at $66,207, the typical annual property tax bill amounts to $501, which is significantly below the national median of $2,690. Property taxes in Hephzibah are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hephzibah's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Hephzibah 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
Hephzibah, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$503
$489
Ownwell’s Hephzibah Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hephzibah with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hephzibah 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 Hephzibah, Georgia
Property taxes in Hephzibah, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hephzibah is 0.76%, lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Hephzibah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hephzibah 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 Hephzibah's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30815 zip code has the highest median property tax rate of 0.76%, while the same 30815 zip code also has the lowest median tax rate of 0.76%. Understanding how these cities compare with Hephzibah provides valuable insights into the varying tax landscape across Burke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hephzibah Tax Rate
0.76%
Average Burke County Tax Rate
0.79%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hephzibah, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30815 | 0.65% | 0.72% | 0.76% | 0.86% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Hephzibah, Georgia
In Hephzibah, 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 Burke 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 Hephzibah, 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. Hephzibah’s median home price stands at $66,207, with tax bills ranging from $210 at the 25th percentile to $2,139 at the 90th percentile. Notably, the zip code 30815 has both the highest and lowest median tax bill at $501. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hephzibah Assessed Value
$66,207
Average Burke County Assessed Value
$99,724
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hephzibah, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30815 | $14,169 | $26,596 | $66,207 | $171,230 | $286,354 |
Source: Ownwell
Property Tax Bills Across Hephzibah, Georgia
In Hephzibah, located in Burke County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Homeowners in Hephzibah experience varying tax bills. For instance, the 25th percentile tax bill is around $210, while the 75th percentile reaches $1,223. At the higher end, the 90th percentile tax bill can be as much as $2,139. The highest median tax bill in the area is $501, which is notably lower than the national median property tax rate of 0.99%. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Homeowners must stay informed about their property's assessed value and any changes to local tax rates to manage their financial obligations effectively.
Average Hephzibah Tax Bill
$501
Average Burke County Tax Bill
$840
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Hephzibah, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30815 | $122 | $210 | $501 | $1,223 | $2,139 |
Source: Ownwell