Rising Fawn, Georgia Property Taxes
The median property tax rate in Rising Fawn, GA is 0.90%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $231,550 in Rising Fawn, the typical annual property tax bill amounts to $2,074, falling below the national median of $2,690. Property taxes in Rising Fawn are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Rising Fawn'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 Rising Fawn or another part of Dade County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rising Fawn, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$2,084
$2,024
Ownwell’s Rising Fawn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rising Fawn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rising Fawn 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 Rising Fawn, Georgia
Property taxes in Rising Fawn, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rising Fawn is 0.90%, which is below the U.S. national median of 0.99%. Local government entities within Rising Fawn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rising Fawn 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 Rising Fawn's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30738 has both the highest and lowest median property tax rate of 0.90%. Understanding how these cities compare with Rising Fawn provides valuable insights into the varying tax landscape across Dade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rising Fawn Tax Rate
0.90%
Average Dade County Tax Rate
0.90%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rising Fawn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30738 | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Rising Fawn, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Rising Fawn, Georgia. 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 Dade 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. In Rising Fawn, the median home price is $231,550, with tax bills ranging from $1,233 at the 25th percentile to $4,681 at the 90th percentile. The highest and lowest median tax bill in the zip code 30738 is $2,074. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rising Fawn Assessed Value
$231,550
Average Dade County Assessed Value
$197,725
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rising Fawn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30738 | $50,606 | $137,675 | $231,550 | $357,655 | $522,764 |
Source: Ownwell
Property Tax Bills Across Rising Fawn, Georgia
In Rising Fawn, located in Dade County, GA, property tax bills are calculated based on the assessed value of a property. The assessed value is typically a percentage of the market value, determined by the local tax assessor. Homeowners in Rising Fawn can expect their property tax bills to vary significantly. For example, the 25th percentile tax bill is around $1,233, while the 75th percentile reaches up to $3,203, and at the 90th percentile, it can be as high as $4,681. The median home price in Rising Fawn stands at $231,550, which plays a crucial role in determining the tax bill. Compared to the national median property tax rate of 0.99%, Dade County's property tax rates can lead to substantial annual expenses for homeowners. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Therefore, understanding how these bills are calculated and the factors involved is essential for homeowners in managing their finances effectively.
Average Rising Fawn Tax Bill
$2,074
Average Dade County Tax Bill
$1,818
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Rising Fawn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30738 | $453 | $1,233 | $2,074 | $3,203 | $4,681 |
Source: Ownwell