Eastanollee, Georgia Property Taxes
The median property tax rate in Eastanollee, GA is 0.93%, slightly lower than the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Eastanollee at $163,832, the typical annual property tax bill reaches $1,421, which is below the national median of $2,690. Property taxes in Eastanollee are calculated based on the assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Eastanollee'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 Eastanollee or another part of Franklin County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Eastanollee, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$1,524
$1,480
Ownwell’s Eastanollee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eastanollee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eastanollee 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 Franklin County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Eastanollee, Georgia
Property taxes in Eastanollee, Georgia, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Eastanollee is 0.93%, which is below the U.S. national median of 0.99%. Local government entities within Eastanollee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eastanollee 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 Eastanollee's effective property tax rate to other areas in Franklin County and the national median. For comparison, the 30538 zip code has both the highest and lowest median property tax rate of 0.93%. Understanding how these areas compare with Eastanollee provides valuable insights into the varying tax landscape across Franklin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eastanollee Tax Rate
0.93%
Average Franklin County Tax Rate
1.03%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eastanollee, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30538 | 0.42% | 0.67% | 0.93% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Eastanollee, Georgia
In Eastanollee, 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 Franklin 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 Eastanollee, 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 Eastanollee helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 30538 has the highest median tax bill at $1,421, while the lowest median tax bill in the area is also $1,421.
Average Eastanollee Assessed Value
$163,832
Average Franklin County Assessed Value
$136,560
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eastanollee, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30538 | $25,401 | $79,753 | $163,832 | $265,371 | $406,384 |
Source: Ownwell
Property Tax Bills Across Eastanollee, Georgia
In Eastanollee, Franklin County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in this region experience property tax rates that can vary significantly. For instance, the median home price in Eastanollee is $163,832. Property tax bills range from $572 at the 25th percentile to $2,367 at the 75th percentile, with the 90th percentile reaching up to $2,926. Several factors influence these tax bills, including the assessed value of the property, local tax rates, and any applicable exemptions. The highest and lowest median tax bills in the area are both $1,421, found in the zip code 30538. These property taxes are crucial for funding local services such as schools, infrastructure, and emergency services, directly affecting homeowners by contributing to the community's overall quality of life. Compared to the national median property tax rate of 0.99%, Eastanollee's property tax rates can have a substantial impact on household budgets.
Average Eastanollee Tax Bill
$1,421
Average Franklin County Tax Bill
$1,238
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Eastanollee, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30538 | $217 | $572 | $1,421 | $2,367 | $2,926 |
Source: Ownwell