Trion, Georgia Property Taxes
The median property tax rate in Trion, GA is 1.06%, slightly higher than the national median of 0.99% but just below the Georgia state median of 1.08%. With a median home value of $61,156 in Trion, the typical annual property tax bill amounts to $498, which is significantly lower than the national median of $2,690. Property taxes in Trion are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Trion'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 Trion or another part of Chattooga County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Trion, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$648
$630
Ownwell’s Trion Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Trion with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Trion 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 Trion, Georgia
Property taxes in Trion, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Trion is 1.06%, significantly higher than the U.S. national median of 0.99%. Local government entities within Trion set these rates annually, and they can vary significantly across different neighborhoods. Each year, Trion 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 Trion's effective property tax rate to other areas and the national median. For comparison, the 30753 zip code has both the highest and lowest median property tax rate of 1.06%. Understanding how these areas compare with Trion provides valuable insights into the varying tax landscape across Chattooga County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Trion Tax Rate
1.06%
Average Chattooga County Tax Rate
1.06%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Trion, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30753 | 0.54% | 0.54% | 1.06% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Trion, Georgia
In Trion, 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 Chattooga 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 Trion, 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 Trion helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Trion is $498 in the 30753 zip code, while the lowest median tax bill is also $498 in the same zip code.
Average Trion Assessed Value
$61,156
Average Chattooga County Assessed Value
$79,999
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Trion, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30753 | $27,558 | $41,578 | $61,156 | $92,798 | $153,405 |
Source: Ownwell
Property Tax Bills Across Trion, Georgia
In Trion, Chattooga 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 this area experience a range of tax bills. For instance, the 25th percentile tax bill is around $312, while the 75th percentile reaches $820, and the 90th percentile can go up to $1,372. These figures are influenced by the median home price in Trion, which is $61,156. The assessed value is then multiplied by the local tax rate to determine the final tax bill. This rate can vary depending on local government decisions and funding needs for public services such as schools and infrastructure. Homeowners in Trion should be aware that their property tax bill can significantly impact their annual budget, with the highest median tax bill in the 30753 zip code being $498. Comparatively, with the national median property tax rate at 0.99%, Trion's property taxes can present a relatively manageable burden for its residents.
Average Trion Tax Bill
$498
Average Chattooga County Tax Bill
$807
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Trion, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30753 | $203 | $312 | $498 | $820 | $1,372 |
Source: Ownwell