Plainville, Georgia Property Taxes
The median property tax rate in Plainville, GA is 0.89%, 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 Plainville at $154,982, the typical annual property tax bill is $1,384, falling below the national median of $2,690. Property taxes in Plainville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Plainville'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 Plainville 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
Plainville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$1,379
$1,340
Ownwell’s PLAINVILLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in PLAINVILLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in PLAINVILLE 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 Plainville, Georgia
Property taxes in Plainville, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plainville is 0.89%, which is slightly below the U.S. national median of 0.99%. Local government entities within Plainville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plainville 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 Plainville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30733 zip code has both the highest and lowest median property tax rate of 0.89%. Understanding how these cities compare with Plainville provides valuable insights into the varying tax landscape across Floyd County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Plainville Tax Rate
0.89%
Average Floyd County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Plainville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30733 | 0.34% | 0.60% | 0.89% | 1.45% | 1.56% |
Source: Ownwell
Property Tax Assessment Values Across Plainville, Georgia
In Plainville, 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 Floyd 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 Plainville, 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 Plainville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 30733, with a median tax bill of $1384.
Average Plainville Assessed Value
$154,982
Average Floyd County Assessed Value
$141,916
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Plainville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30733 | $74,715 | $104,047 | $154,982 | $235,555 | $351,598 |
Source: Ownwell
Property Tax Bills Across Plainville, Georgia
In Plainville, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is typically a percentage of the property's market value. For homeowners in Plainville, the median home price stands at $154,982. The tax rate in Floyd County then applies to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location, its assessed value, and any applicable exemptions or deductions. For instance, the 25th percentile tax bill in Plainville is $888, while the 75th percentile tax bill rises to $1,896. The highest median tax bill recorded in the area is $1,384. Homeowners should be aware that property taxes can significantly impact their annual expenses. Understanding how these taxes are calculated and staying informed about potential exemptions can help manage these costs effectively.
Average Plainville Tax Bill
$1,384
Average Floyd County Tax Bill
$1,460
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Plainville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30733 | $479 | $888 | $1,384 | $1,896 | $2,435 |
Source: Ownwell