Taylorsville, Georgia Property Taxes
The median property tax rate in Taylorsville, GA is 0.76%, which is considerably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $248,101 in Taylorsville, the typical annual property tax bill amounts to $1,809, significantly less than the national median of $2,690. Property taxes in Taylorsville are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Taylorsville'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 Taylorsville 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
Taylorsville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$1,886
$1,831
Ownwell’s TAYLORSVILLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in TAYLORSVILLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in TAYLORSVILLE 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 Taylorsville, Georgia
Property taxes in Taylorsville, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Taylorsville is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Taylorsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Taylorsville 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 Taylorsville's effective property tax rate to other areas and the national median. For comparison, the 30178 zip code in Taylorsville has the highest median property tax rate of 0.76%, while the same 30178 zip code also has the lowest median tax rate of 0.76%. Understanding how these figures compare with Taylorsville 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 Taylorsville Tax Rate
0.76%
Average Bartow County Tax Rate
0.84%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Taylorsville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30178 | 0.19% | 0.53% | 0.76% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Taylorsville, Georgia
In Taylorsville, 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 Tax Assessor's Office 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 Taylorsville, 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 Taylorsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 30178 has the highest median tax bill at $1,809, which can be a significant amount for homeowners to manage.
Average Taylorsville Assessed Value
$248,101
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 Taylorsville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30178 | $116,586 | $184,951 | $248,101 | $375,423 | $475,532 |
Source: Ownwell
Property Tax Bills Across Taylorsville, Georgia
In Taylorsville, located in Bartow County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $248,101, homeowners can expect their tax bill to vary significantly within the city. At the 25th percentile, property tax bills are around $997, while at the 75th percentile, they can reach up to $2,871. For those in the 90th percentile, the tax bill may be as high as $3,811. These variations are influenced by factors such as property location, home improvements, and changes in market conditions. Compared to the national median property tax rate of 0.99%, Taylorsville's tax rates reflect the local economic conditions and public service funding needs. Understanding these calculations helps homeowners budget effectively and anticipate their annual property tax obligations.
Average Taylorsville Tax Bill
$1,809
Average Bartow County Tax Bill
$2,073
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Taylorsville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30178 | $352 | $997 | $1,809 | $2,871 | $3,811 |
Source: Ownwell