Hardwick, Georgia Property Taxes
The median property tax rate in Hardwick, GA is 0.97%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $66,810 in Hardwick, the typical annual property tax bill amounts to $651, which is significantly lower than the national median of $2,690. Property taxes in Hardwick are calculated based on the assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Hardwick'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 Hardwick or elsewhere in the county, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hardwick, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$648
$601
Ownwell’s Hardwick Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hardwick with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hardwick 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 Hardwick, Georgia
Property taxes in Hardwick, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Hardwick is 0.97%, which is lower than the U.S. national median of 0.99%. Local government entities within Hardwick set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hardwick 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 Hardwick's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31034 has the highest median property tax rate of 0.97%, while the same zip code also has the lowest median tax rate of 0.97%. Understanding how these cities compare with Hardwick provides valuable insights into the varying tax landscape across Baldwin County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hardwick Tax Rate
0.97%
Average Baldwin County Tax Rate
0.97%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hardwick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31034 | 0.97% | 0.97% | 0.97% | 0.97% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Hardwick, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hardwick, Georgia. 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 Baldwin 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 Hardwick, 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. The median home price in Hardwick is $66,810, with tax bills in the 25th, 75th, and 90th percentiles all being $651. The highest median tax bill in Hardwick is $651, found in zip code 31034, which is also the lowest. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hardwick Assessed Value
$66,810
Average Baldwin County Assessed Value
$117,815
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hardwick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31034 | $66,810 | $66,810 | $66,810 | $66,810 | $66,810 |
Source: Ownwell
Property Tax Bills Across Hardwick, Georgia
In Hardwick, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Hardwick is $66,810. Property taxes are determined by multiplying the assessed value by the local tax rate. The median property tax rate in Hardwick is relatively consistent, resulting in a median tax bill of $651, which aligns with both the 25th and 75th percentiles. This indicates a uniformity in tax bills across different property values in the area. Factors influencing the tax bill include the market value of the home, any applicable exemptions, and the local tax rate set by Baldwin County. Compared to the national median property tax rate of 0.99%, Hardwick's tax rate may vary, affecting the overall tax burden on homeowners. This consistent tax rate provides predictability for homeowners, allowing for more accurate financial planning and budgeting.
Average Hardwick Tax Bill
$651
Average Baldwin County Tax Bill
$1,278
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Hardwick, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31034 | $651 | $651 | $651 | $651 | $651 |
Source: Ownwell