Braselton, Georgia Property Taxes
The median property tax rate in Braselton, GA is 0.91%, which is notably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $461,334 in Braselton, the typical annual property tax bill reaches $4,134, surpassing the national median of $2,690. Property taxes in Braselton are calculated based on the assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Braselton'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 Braselton 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
Braselton, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$4,198
$4,077
Ownwell’s Braselton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Braselton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Braselton 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 Braselton, Georgia
Property taxes in Braselton, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Braselton is 0.91%, slightly lower than the U.S. national median of 0.99%. Local government entities within Braselton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Braselton 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 Braselton's effective property tax rate to other areas within Barrow County and the national median. For comparison, the zip code 30517 has both the highest and lowest median property tax rate of 0.91%. Understanding how these areas compare with Braselton provides valuable insights into the varying tax landscape across Barrow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Braselton Tax Rate
0.91%
Average Barrow County Tax Rate
0.85%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Braselton, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30517 | 0.85% | 0.87% | 0.91% | 0.97% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Braselton, Georgia
In Braselton, 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 Barrow 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 Braselton, 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 Braselton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Braselton is $461,334, with the highest and lowest median tax bills both at $4,134 in zip code 30517.
Average Braselton Assessed Value
$461,334
Average Barrow County Assessed Value
$263,792
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Braselton, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30517 | $370,918 | $416,243 | $461,334 | $567,794 | $821,294 |
Source: Ownwell
Property Tax Bills Across Braselton, Georgia
In Braselton, property tax bills are calculated based on the assessed value of a home, which is determined by the Barrow County tax assessor’s office. The assessed value typically represents a percentage of the home's market value. Factors such as location, property size, and improvements can influence this valuation. The property tax rate, or millage rate, is then applied to the assessed value to determine the tax bill. Homeowners in Braselton can expect their property tax bills to vary significantly. For instance, the median home price is $461,334, and tax bills range from the 25th percentile at $3,637 to the 90th percentile at $8,424. The highest median tax bill recorded in the area is $4,134, which is notably higher than the national median property tax rate of 0.99%. This variation can impact homeowners' financial planning, making it essential to understand how local property taxes are calculated and what factors might influence their individual tax bills.
Average Braselton Tax Bill
$4,134
Average Barrow County Tax Bill
$2,206
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Braselton, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30517 | $3,224 | $3,637 | $4,134 | $5,407 | $8,424 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
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Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
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