Aragon, Georgia Property Taxes
The median property tax rate in Aragon, GA is 0.69%, significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Aragon, the typical annual property tax bill reaches $1,693, which is notably less than the national median of $2,690. Property taxes in Aragon are calculated based on the tax assessed value, often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Aragon'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 Aragon 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
Aragon, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.69%
Estimate Property Tax Bill
$1,807
$1,755
Ownwell’s Aragon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Aragon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Aragon 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 Aragon, Georgia
Property taxes in Aragon, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aragon is 0.69%, which is lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Aragon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aragon 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 Aragon's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30104 has the highest median property tax rate of 0.69%, while the same zip code also has the lowest median tax rate of 0.69%. Understanding how these cities compare with Aragon provides valuable insights into the varying tax landscape across Bartow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aragon Tax Rate
0.69%
Average Bartow County Tax Rate
0.84%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aragon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30104 | 0.16% | 0.43% | 0.69% | 0.85% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Aragon, Georgia
In Aragon, 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 Bartow 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 Aragon, 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 Aragon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $1,693 in the 30104 zip code, while the lowest is also $1,693 in the same zip code, highlighting a uniform tax burden in this region.
Average Aragon Assessed Value
$261,877
Average Bartow County Assessed Value
$266,588
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aragon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30104 | $141,930 | $199,510 | $261,877 | $344,681 | $547,858 |
Source: Ownwell
Property Tax Bills Across Aragon, Georgia
In Aragon, located in Bartow County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Several factors influence this calculation, including the property's location, size, and any applicable exemptions. For homeowners in Aragon, the median home price is $261,877. Property tax bills can vary significantly, with the 25th percentile tax bill at $813 and the 75th percentile at $2,522. At the 90th percentile, homeowners may see tax bills as high as $4,666. Compared to the national median property tax rate of 0.99%, Aragon's tax bills reflect the local economic conditions and property values. Homeowners in the 30104 zip code experience a median tax bill of $1,693, which is consistent across the highest and lowest ranges within the area. Understanding these factors helps homeowners anticipate their annual property tax obligations and manage their finances accordingly.
Average Aragon Tax Bill
$1,693
Average Bartow County Tax Bill
$2,073
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Aragon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30104 | $329 | $813 | $1,693 | $2,522 | $4,666 |
Source: Ownwell