Chauncey, Georgia Property Taxes
The median property tax rate in Chauncey, GA is 1.03%, slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $101,140 in Chauncey, the typical annual property tax bill amounts to $1,062, which is below the national median of $2,690. Property taxes in Chauncey are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Chauncey'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 Chauncey or another part of Dodge County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chauncey, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Chauncey Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chauncey with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chauncey 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 Chauncey, Georgia
Property taxes in Chauncey, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Chauncey is 1.03%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Chauncey set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chauncey 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 Chauncey's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31011 zip code has the highest median property tax rate of 1.03%, while it also has the lowest median tax rate of 1.03%. Understanding how these cities compare with Chauncey provides valuable insights into the varying tax landscape across Dodge County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chauncey Tax Rate
1.03%
Average Dodge County Tax Rate
1.03%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chauncey, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31011 | 1.03% | 1.03% | 1.03% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Chauncey, Georgia
In Chauncey, 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 Dodge 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 Chauncey, 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. For example, the highest median tax bill in the area is $1062 in the 31011 zip code, while the lowest median tax bill is also $1062 in the same zip code. 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 Chauncey helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Chauncey Assessed Value
$101,140
Average Dodge County Assessed Value
$79,344
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chauncey, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31011 | $16,917 | $42,359 | $101,140 | $191,018 | $268,036 |
Source: Ownwell
Property Tax Bills Across Chauncey, Georgia
In Chauncey, located in Dodge County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county's tax assessor. The assessed value is typically a percentage of the home's market value. For instance, with a median home price of $101,140, the tax bill can vary significantly. Homeowners in the 25th percentile might see a tax bill of around $456, while those in the 75th percentile could pay up to $1,980. At the 90th percentile, the tax bill can reach as high as $2,768. These property tax rates are influenced by local government budgets and the needs of public services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, the tax burden in Chauncey can be quite variable, impacting homeowners differently based on their property's assessed value. This variability highlights the importance of understanding local tax assessments and how they can affect annual property tax obligations.
Average Chauncey Tax Bill
$1,062
Average Dodge County Tax Bill
$894
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Chauncey, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31011 | $175 | $456 | $1,062 | $1,980 | $2,768 |
Source: Ownwell