Union Point, Georgia Property Taxes
The median property tax rate in Union Point, GA is 0.80%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $87,173 in Union Point, the typical annual property tax bill amounts to $591, significantly below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Union Point's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Union Point or another part of Greene County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Union Point, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$697
$677
Ownwell’s Union Point Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Union Point with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Union Point 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 Union Point, Georgia
Property taxes in Union Point, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Union Point is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Union Point set these rates annually, and they can vary significantly across different neighborhoods. Each year, Union Point 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 Union Point's effective property tax rate to other areas in Greene County and the national median. For comparison, the zip code 30669 has both the highest and lowest median property tax rate of 0.80%. Understanding how these areas compare with Union Point provides valuable insights into the varying tax landscape across Greene County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Union Point Tax Rate
0.80%
Average Greene County Tax Rate
0.72%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Union Point, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30669 | 0.34% | 0.51% | 0.80% | 0.99% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Union Point, Georgia
In Union Point, 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 Greene 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 Union Point, 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 Union Point helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Union Point is $591.00, found in zip code 30669, which is also the lowest median tax bill, highlighting the uniformity in tax assessments within the area.
Average Union Point Assessed Value
$87,173
Average Greene County Assessed Value
$377,850
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Union Point, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30669 | $22,015 | $44,295 | $87,173 | $157,900 | $265,300 |
Source: Ownwell
Property Tax Bills Across Union Point, Georgia
In Union Point, Greene County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is a percentage of the market value of the property. Homeowners in Union Point pay property taxes that are influenced by various factors, including the home's assessed value and the local tax rate. For example, with a median home price of $87,173, the property tax bills can vary significantly. At the 25th percentile, homeowners might see a tax bill around $369, while those at the 75th percentile could expect to pay approximately $930. For the top 10% of tax bills, the amount could go up to $1,427. The highest median tax bill in the area is $591, which is relatively moderate compared to the national median property tax rate of 0.99%. These property taxes play a crucial role in funding local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for Union Point residents.
Average Union Point Tax Bill
$591
Average Greene County Tax Bill
$2,218
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Union Point, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30669 | $228 | $369 | $591 | $930 | $1,427 |
Source: Ownwell