Forsyth County Property Taxes
The median property tax rate in Forsyth County is 1.18%, which is significantly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $350,550 in Forsyth County, the typical annual property tax bill reaches $3,982, which exceeds the national median of $2,690. Property taxes in Forsyth County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Forsyth County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Cumming or another part of Forsyth County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Forsyth County 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 Forsyth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Forsyth with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Forsyth to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Forsyth County, Georgia
Property taxes in Forsyth County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Forsyth County is 1.18%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Forsyth County set these rates annually, and they can vary significantly between different areas within the county. Each year, Forsyth County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Forsyth County's effective property tax rate with other counties in Georgia and the national median. For comparison, the city of Duluth has one of the higher property tax rates in Georgia at 1.23%, while the city of Dawsonville boasts one of the lowest at 1.11%. Analyzing how Forsyth County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Forsyth County Tax Rate
1.18%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Forsyth County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alpharetta | 0.27% | 1.09% | 1.18% | 1.44% | 1.52% |
Ball Ground | N/A | N/A | N/A | N/A | N/A |
Cumming | 0.21% | 1.00% | 1.18% | 1.41% | 1.54% |
Dawsonville | 0.16% | 0.29% | 1.11% | 1.38% | 1.56% |
Duluth | 0.26% | 1.01% | 1.23% | 1.41% | 1.49% |
Gainesville | 0.18% | 0.86% | 1.12% | 1.42% | 1.58% |
Suwanee | 0.25% | 1.10% | 1.20% | 1.41% | 1.55% |
Source: Ownwell
Property Tax Assessment Values Across Forsyth County, Georgia
In Forsyth County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Forsyth County Appraisal District. The assessed value, however, 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. Assessment notices in Forsyth County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Duluth has the highest median tax bill at $9,235, while Dawsonville has the lowest at $2,374. Being aware of these valuation processes in Forsyth County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Forsyth County, Georgia
Source: Ownwell
$278,770
$520,065
$761,360
Average Forsyth County Assessed Value
$350,550
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Forsyth County, Georgia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alpharetta | $211,640 | $273,870 | $356,110 | $452,100 | $520,912 |
Ball Ground | N/A | N/A | N/A | N/A | N/A |
Cumming | $185,000 | $258,370 | $340,770 | $436,520 | $549,300 |
Dawsonville | $18,840 | $201,230 | $288,810 | $433,485 | $546,952 |
Duluth | $606,690 | $667,838 | $761,360 | $870,815 | $1,043,900 |
Gainesville | $119,760 | $184,240 | $278,770 | $404,090 | $579,166 |
Suwanee | $306,340 | $351,748 | $435,210 | $543,028 | $686,952 |
Source: Ownwell
Property Tax Bills Across Forsyth County, Georgia
In Forsyth 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 assessed value is then multiplied by the local tax rate to determine the tax bill. For example, if a home has a market value of $350,550, the assessed value might be a fraction of that amount, depending on local assessment practices. Factors such as property location, improvements, and exemptions also play a role in the final tax bill. Homeowners in Forsyth County experience a range of tax bills, with the 25th percentile at $2,078 and the 75th percentile at $5,445, reflecting the variability in property values and assessments. The highest median tax bill in the area is found in Duluth at $9,235, while Dawsonville has the lowest at $2,374. These property tax bills significantly impact homeowners, influencing their overall cost of living and financial planning. Compared to the national median property tax rate of 0.99%, Forsyth County's rates demonstrate the importance of understanding local tax obligations.
Average Forsyth County Tax Bill
$3,982
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Forsyth County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alpharetta | $749 | $3,104 | $4,260 | $5,596 | $6,700 |
Ball Ground | N/A | N/A | N/A | N/A | N/A |
Cumming | $583 | $1,946 | $3,873 | $5,282 | $6,712 |
Dawsonville | $183 | $793 | $2,374 | $4,429 | $6,027 |
Duluth | $1,871 | $6,927 | $9,235 | $11,448 | $13,786 |
Gainesville | $345 | $1,111 | $2,711 | $4,311 | $6,328 |
Suwanee | $1,101 | $3,880 | $5,139 | $6,765 | $8,553 |
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 |
Links | |
---|---|
Forsyth Assessor's Office | |
Phone | (770) 781-2106 |
Website | qpublic.schneidercorp.com |
boardofassessors@forsythco.com |