Jonesboro, Georgia Property Taxes
The median property tax rate in Jonesboro, GA is 0.65%, considerably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Jonesboro at $237,200, the typical annual property tax bill reaches $1,492, significantly below the national median of $2,690. Property taxes in Jonesboro 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 Jonesboro'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 Jonesboro 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
Jonesboro, 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 Jonesboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jonesboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jonesboro 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 Jonesboro, Georgia
Property taxes in Jonesboro, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jonesboro is 0.65%, which is lower than the U.S. national median of 0.99%. Local government entities within Jonesboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jonesboro 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. For comparison, the zip code 30238 has the highest median property tax rate of 0.65%, while the same zip code also has the lowest median tax rate of 0.65%. Understanding how these areas compare with Jonesboro 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 Jonesboro Tax Rate
0.65%
Average Fayette County Tax Rate
0.91%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jonesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30238 | 0.29% | 0.31% | 0.65% | 1.17% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Jonesboro, Georgia
In Jonesboro, 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 Fayette 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 Jonesboro, 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. For instance, the median home price in Jonesboro is $237,200, with tax bills ranging from $820 at the 25th percentile to $2,936 at the 90th percentile. The zip code 30238 has the highest median tax bill of $1,492. Being aware of these valuation processes in Jonesboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Jonesboro Assessed Value
$237,200
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 Jonesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30238 | $176,120 | $204,230 | $237,200 | $283,800 | $334,540 |
Source: Ownwell
Property Tax Bills Across Jonesboro, Georgia
In Jonesboro, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the home's market value, which in Jonesboro is influenced by the median home price of $237,200. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. Factors such as property location, improvements, and market trends play a significant role in this calculation. For example, homeowners in the 30238 zip code experience a median tax bill of $1,492, which is consistent across the area. Comparatively, the national median property tax rate is 0.99%, making Jonesboro's rates relatively moderate. Homeowners in this region can expect tax bills ranging from $820 at the 25th percentile to $2,936 at the 90th percentile, impacting their annual financial planning and homeownership costs. Understanding these factors helps homeowners anticipate and manage their property tax obligations effectively.
Average Jonesboro Tax Bill
$1,492
Average Fayette County Tax Bill
$3,139
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Jonesboro, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30238 | $616 | $820 | $1,492 | $2,429 | $2,936 |
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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