Gainesville, Georgia Property Taxes
The median property tax rate in Gainesville, GA is 1.09%, slightly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Gainesville at $232,200, the typical annual property tax bill reaches $2,200, which is below the national median of $2,690. Property taxes in Gainesville 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 Gainesville'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 Gainesville 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
Gainesville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$2,531
$2,458
Ownwell’s Gainesville Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes with ease. By simply entering your property's estimated assessed value, the calculator utilizes the median tax rate in Gainesville to provide an accurate estimate of your property tax bill. This valuable resource helps you understand your potential tax liabilities and plan accordingly. For those interested in more granular details, scroll down to explore trends at the neighborhood level. Remember, your property’s assessed value is determined by Hall County for tax purposes and may include any applicable exemptions.
Property Tax Rates Across Gainesville, Georgia
Property taxes in Gainesville, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gainesville is 1.09%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Gainesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gainesville 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 Gainesville's effective property tax rate to other areas in Hall County and the national median. For comparison, the 30506 zip code has the highest median property tax rate of 1.09%, while the 30501 zip code has the lowest median tax rate of 0.65%. Understanding how these areas compare with Gainesville provides valuable insights into the varying tax landscape across Hall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gainesville Tax Rate
1.09%
Average Hall County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gainesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30501 | 0.65% | 0.65% | 0.65% | 1.09% | 1.09% |
| 30504 | 0.65% | 0.65% | 1.09% | 1.09% | 1.09% |
| 30506 | 1.06% | 1.09% | 1.09% | 1.09% | 1.09% |
| 30507 | 1.03% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Gainesville, Georgia
In Gainesville, 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 Hall 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. Assessment notices in Gainesville 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. Gainesville homeowners in the 30506 zip code face the highest median tax bill at $2,863, while those in the 30501 zip code experience the lowest at $1,509. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Gainesville Assessed Value
$232,200
Average Hall County Assessed Value
$259,200
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gainesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30501 | $74,660 | $130,595 | $201,100 | $290,020 | $456,800 |
| 30504 | $108,792 | $165,900 | $251,300 | $359,000 | $510,540 |
| 30506 | $69,263 | $181,675 | $270,060 | $420,550 | $659,440 |
| 30507 | $45,548 | $135,975 | $204,000 | $265,350 | $331,400 |
Source: Ownwell
Property Tax Bills Across Gainesville, Georgia
In Gainesville, located in Hall County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the property's market value. Various factors, including property location, size, and condition, influence this assessment. Homeowners in Gainesville can expect a range of property tax bills. For example, the 25th percentile tax bill is approximately $1,399, while the 75th percentile tax bill reaches around $3,201. At the higher end, the 90th percentile tax bill can be as much as $5,007. The highest median tax bill in Gainesville is $2,863 in the 30506 zip code, whereas the lowest median tax bill is $1,509 in the 30501 zip code. Compared to the national median property tax rate of 0.99%, Gainesville homeowners experience a varied tax landscape, significantly impacting their annual financial planning. Understanding these factors can help homeowners anticipate their property tax obligations more accurately.
Average Gainesville Tax Bill
$2,200
Average Hall County Tax Bill
$2,651
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Gainesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30501 | $618 | $1,014 | $1,509 | $2,240 | $3,413 |
| 30504 | $1,015 | $1,486 | $2,075 | $2,892 | $4,196 |
| 30506 | $732 | $1,943 | $2,863 | $4,335 | $6,901 |
| 30507 | $490 | $1,339 | $2,087 | $2,728 | $3,504 |
Source: Ownwell