Lithia Springs, Georgia Property Taxes
The median property tax rate in Lithia Springs, GA is 1.29%, noticeably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $183,300 in Lithia Springs, the typical annual property tax bill amounts to $2,222, which is below the national median of $2,690. Property taxes in Lithia Springs are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Lithia Springs' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Lithia Springs or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lithia Springs, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$2,365
$2,297
$1,148
Average Lithia Springs, Georgia Tax Savings
Ownwell’s Lithia Springs Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lithia Springs with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lithia Springs 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 Lithia Springs. 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 Lithia Springs, Georgia
Property taxes in Lithia Springs, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Lithia Springs is 1.29%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Lithia Springs set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lithia Springs 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 Lithia Springs' effective property tax rate to other counties in Georgia and the national median. For comparison, the 30122 zip code has the highest median property tax rate of 1.29%, while the same 30122 zip code also has the lowest median tax rate of 1.29%. Understanding how these cities compare with Lithia Springs provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lithia Springs Tax Rate
1.29%
Average Douglas County Tax Rate
1.27%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lithia Springs, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30122 | 0.18% | 0.78% | 1.29% | 1.71% | 11.07% |
Source: Ownwell
$1,148
Average Lithia Springs Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Lithia Springs, Georgia
In Lithia Springs, 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 Douglas 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 Lithia Springs, 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. The median home price in Lithia Springs is $183,300, with the tax bill ranging from $1,071 at the 25th percentile to $5,629 at the 90th percentile. The highest and lowest median tax bills are both $2,222 in the 30122 zip code. Being aware of these valuation processes in Lithia Springs helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Lithia Springs, Georgia
Source: Ownwell
$143,800
$208,300
$272,800
Average Lithia Springs Assessed Value
$183,300
Average Douglas County Assessed Value
$211,400
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lithia Springs, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30122 | $76,800 | $130,300 | $183,300 | $250,870 | $320,600 |
Source: Ownwell
$1,148
Average Lithia Springs Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Lithia Springs, Georgia
Property tax bills in Lithia Springs, located in Douglas County, GA, are calculated based on the assessed value of a property, which is typically a percentage of its market value. The median home price in Lithia Springs is $183,300, and the property tax rate is determined by local taxing authorities. Factors considered include property improvements, market conditions, and comparable property values in the area. Homeowners in Lithia Springs can expect to pay between $1,071 at the 25th percentile and $5,629 at the 90th percentile in annual property taxes, with the highest median tax bill being $2,222. High property taxes can be a financial burden for homeowners, but Ownwell’s property tax appeal and exemption services can help reduce these costs. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners are not overpaying. Our experts navigate the complex appeal process, providing a strong case for tax reductions, ultimately leading to significant savings on annual property tax bills.
Average Lithia Springs Tax Bill
$2,222
Average Douglas County Tax Bill
$2,532
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Lithia Springs, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30122 | $314 | $1,071 | $2,222 | $3,406 | $5,629 |
Source: Ownwell
$1,148
Average Lithia Springs Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Appeal Deadline | July 29 |
Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
Links | |
---|---|
Douglas Assessor's Office | |
Website | qpublic.schneidercorp.com |
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