Rex, Georgia Property Taxes
The median property tax rate in REX, GA is 1.44%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in REX, the typical annual property tax bill reaches $3,046, exceeding the national median of $2,690. Property taxes in REX 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 REX'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 REX or another part of Clayton County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rex, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
$1,012
$1,148
Average Rex, Georgia Tax Savings
Ownwell’s REX Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in REX with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in REX to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in REX. 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 Rex, Georgia
Property taxes in Rex, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rex is 1.44%, significantly higher than the U.S. national median of 0.99%. Local government entities within Rex set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rex 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 Rex's effective property tax rate to other regions in Georgia and the national median. For comparison, the zip code 30273 has the highest median property tax rate of 1.44%, while the same zip code also has the lowest median tax rate of 1.44%. Understanding how these areas compare with Rex provides valuable insights into the varying tax landscape across Clayton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rex Tax Rate
1.44%
Average Clayton County Tax Rate
1.44%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rex, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30273 | 1.16% | 1.44% | 1.44% | 1.44% | 1.46% |
Source: Ownwell
$1,148
Average Rex Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Rex, Georgia
In REX, 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 Clayton 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 REX, 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 REX helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in REX is 30273, with a tax bill of $3,046, which is significantly higher than the national median property tax rate of 0.99%.
Average Rex Assessed Value
$215,800
Average Clayton County Assessed Value
$203,200
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rex, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30273 | $157,000 | $186,000 | $215,800 | $252,900 | $293,840 |
Source: Ownwell
$1,148
Average Rex Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Rex, Georgia
In REX, Clayton County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, with a median home price of $215,800, the assessed value is determined and multiplied by the local tax rate to compute the tax bill. Factors such as property location, market trends, and local government budgets influence the assessed value and tax rate. Homeowners in REX face varying tax bills, with the 25th percentile at $2,571 and the 75th percentile at $3,599, reflecting the diverse property values and tax burdens within the area. Ownwell can help homeowners in REX save on their property tax bills by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it with market data, Ownwell identifies discrepancies and inaccuracies. This ensures that homeowners are not overpaying, potentially saving them hundreds or even thousands of dollars annually.
Average Rex Tax Bill
$3,046
Average Clayton County Tax Bill
$2,787
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Rex, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30273 | $1,903 | $2,571 | $3,046 | $3,599 | $4,228 |
Source: Ownwell
$1,148
Average Rex Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 10 |
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Clayton Assessor's Office | |
| Website | publicaccess.claytoncountyga.gov |
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