Red Oak, Georgia Property Taxes
The median property tax rate in Red Oak, GA is 1.57%, significantly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Red Oak at $82,600, the typical annual property tax bill reaches $1,030, surpassing the national median of $2,690. Property taxes in Red Oak 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 Red Oak'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 Red Oak 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
Red Oak, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$1,297
$1,260
$1,148
Average Red Oak, Georgia Tax Savings
Ownwell’s RED OAK Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in RED OAK with just two key data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in RED OAK to provide an accurate property tax estimate. This valuable tool not only helps you grasp potential tax liabilities but also demonstrates how Ownwell can assist in reducing property taxes in RED OAK. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Red Oak, Georgia
Property taxes in Red Oak, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Red Oak is 1.57%, significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Red Oak set these rates annually, and they can vary significantly across different neighborhoods. Each year, Red Oak 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 Red Oak's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30272 zip code has the highest median property tax rate of 1.57%, while the same zip code also has the lowest median tax rate of 1.57%. Understanding how these cities compare with Red Oak provides valuable insights into the varying tax landscape across Fulton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Red Oak Tax Rate
1.57%
Average Fulton County Tax Rate
1.05%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Red Oak, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30272 | 0.13% | 0.52% | 1.57% | 1.57% | 1.57% |
Source: Ownwell
$1,148
Average Red Oak Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Red Oak, Georgia
In Red Oak, 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 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 Red Oak, 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 highest median tax bill in the area is $1,030 in the 30272 zip code. Being aware of these valuation processes in Red Oak helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Red Oak Assessed Value
$82,600
Average Fulton County Assessed Value
$326,600
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Red Oak, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30272 | $47,610 | $59,000 | $82,600 | $103,800 | $127,180 |
Source: Ownwell
$1,148
Average Red Oak Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Red Oak, Georgia
In Red Oak, located in Fulton County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Red Oak is $82,600. Homeowners in this area face a range of property tax bills, with the 25th percentile at $299 and the 75th percentile at $1,576. The highest median tax bill in the area is $1,030, which is significantly higher than the national median property tax rate of 0.99%. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. These taxes can place a considerable financial burden on homeowners, making it essential to explore ways to reduce them. Ownwell offers expert property tax appeal and exemption services, helping homeowners lower their annual tax bills. By leveraging local expertise and a deep understanding of property tax laws, Ownwell can identify opportunities for savings, ensuring homeowners in Red Oak pay only their fair share.
Average Red Oak Tax Bill
$1,030
Average Fulton County Tax Bill
$3,345
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Red Oak, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30272 | $141 | $299 | $1,030 | $1,576 | $1,879 |
Source: Ownwell
$1,148
Average Red Oak Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | August 2 |
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Fulton Assessor's Office | |
| Phone | (404) 612-6440 |
| Website | qpublic.schneidercorp.com |
| boa@fultoncountyga.gov | |
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