Pine Lake, Georgia Property Taxes
The median property tax rate in Pine Lake, GA is 1.80%, significantly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Pine Lake at $221,000, the typical annual property tax bill reaches $4,093, exceeding the national median of $2,690. Property taxes in Pine Lake 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 Pine Lake'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 Pine Lake 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
Pine Lake, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.8%
Estimate Property Tax Bill
$3,978
$3,864
$1,148
Average Pine Lake, Georgia Tax Savings
Ownwell’s Pine Lake Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pine Lake with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pine Lake 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 Pine Lake. 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 Pine Lake, Georgia
Property taxes in Pine Lake, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pine Lake is 1.80%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Pine Lake set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pine Lake 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 Pine Lake's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30072 zip code has the highest median property tax rate of 1.80%, while the same zip code also has the lowest median tax rate of 1.80%. Understanding how these areas compare with Pine Lake provides valuable insights into the varying tax landscape across DeKalb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pine Lake Tax Rate
1.80%
Average Dekalb County Tax Rate
1.22%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pine Lake, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30072 | 1.04% | 1.76% | 1.80% | 1.85% | 2.43% |
Source: Ownwell
$1,148
Average Pine Lake Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Pine Lake, Georgia
In Pine Lake, 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 DeKalb 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 Pine Lake, 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 Pine Lake helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with the highest and lowest median tax bill in Pine Lake is 30072, with a median tax bill of $4,093.
Average Pine Lake Assessed Value
$221,000
Average Dekalb County Assessed Value
$260,700
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pine Lake, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30072 | $164,840 | $183,100 | $221,000 | $268,400 | $320,840 |
Source: Ownwell
$1,148
Average Pine Lake Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Pine Lake, Georgia
In Pine Lake, DeKalb County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For instance, with a median home price of $221,000, homeowners can expect property taxes to be a significant annual expense. The tax bill is influenced by various factors, including local tax rates and any applicable exemptions or deductions. Homeowners in Pine Lake face tax bills ranging from $3,268 at the 25th percentile to $5,929 at the 90th percentile. Notably, the highest median tax bill in the area is $4,093, which is above the national median property tax rate of 0.99%. Ownwell can help homeowners in Pine Lake by offering expert property tax appeal and exemption services. By thoroughly reviewing property assessments and identifying potential errors or overlooked exemptions, Ownwell ensures that homeowners pay only their fair share. This can lead to substantial savings and reduce the financial burden of property taxes.
Average Pine Lake Tax Bill
$4,093
Average Dekalb County Tax Bill
$3,364
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Pine Lake, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30072 | $2,227 | $3,268 | $4,093 | $5,039 | $5,929 |
Source: Ownwell
$1,148
Average Pine Lake Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | July 15 |
Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
Links | |
---|---|
Dekalb Assessor's Office | |
Phone | (404) 371-2468 |
Website | propertyappraisal.dekalbcountyga.gov |
cchicks@dekalbcountyga.gov |
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