Brooks, Georgia Property Taxes
The median property tax rate in Brooks, GA is 0.85%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Brooks at $466,240, the typical annual property tax bill amounts to $3,353, surpassing the national median of $2,690. Property taxes in Brooks are calculated based on the assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Brooks'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 Brooks 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
Brooks, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$3,963
$3,849
Ownwell’s Brooks Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brooks with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brooks 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 Brooks, Georgia
Property taxes in Brooks, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brooks is 0.85%, which is higher than the Georgia state median of 0.83% but lower than the U.S. national median of 0.99%. Local government entities within Brooks set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brooks 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 Brooks' effective property tax rate to other counties in Georgia and the national median. For comparison, the 30205 zip code has both the highest and lowest median property tax rate of 0.85%. Understanding how these cities compare with Brooks provides valuable insights into the varying tax landscape across Fayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brooks Tax Rate
0.85%
Average Fayette County Tax Rate
0.91%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brooks, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30205 | 0.31% | 0.45% | 0.85% | 1.16% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Brooks, Georgia
In Brooks, 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 local appraisal authority 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 Brooks, 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 Brooks helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Brooks, the highest median tax bill is $3,353 in the 30205 zip code, while the lowest median tax bill is also $3,353 in the same zip code.
Average Brooks Assessed Value
$466,240
Average Fayette County Assessed Value
$370,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brooks, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30205 | $136,990 | $308,500 | $466,240 | $666,990 | $891,252 |
Source: Ownwell
Property Tax Bills Across Brooks, Georgia
In Brooks, located in Fayette County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Brooks is $466,240. Homeowners' tax bills can vary significantly, with the 25th percentile tax bill being $1,674 and the 75th percentile reaching $5,495. At the 90th percentile, the tax bill can be as high as $8,131. Several factors contribute to the final tax bill, including the assessed value of the property, local tax rates, and any applicable exemptions. The assessed value is determined by the county assessor and is a fraction of the market value. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. Homeowners in Brooks may find their tax bills higher or lower than the national median property tax rate of 0.99%, depending on these factors. The highest and lowest median tax bills in the area are both $3,353, indicating a consistent tax rate across different zip codes within Brooks.
Average Brooks Tax Bill
$3,353
Average Fayette County Tax Bill
$3,139
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Brooks, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30205 | $1,083 | $1,674 | $3,353 | $5,495 | $8,131 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
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