Waleska, Georgia Property Taxes
The median property tax rate in Waleska, GA is 0.52%, significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $357,379 in Waleska, the typical annual property tax bill amounts to $1,817, well below the national median of $2,690. Property taxes in Waleska are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. By understanding Waleska's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve substantial annual savings. Whether residing in the heart of Waleska or its surrounding areas, gaining insight into the local property tax structure can be highly beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Waleska, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Waleska Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Waleska with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Waleska 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 Waleska, Georgia
Property taxes in Waleska, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Waleska is 0.52%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Waleska set these rates annually, and they can vary significantly across different neighborhoods. Each year, Waleska 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 Waleska's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30183 in Bartow County has the same median property tax rate of 0.52%. Understanding how these cities compare with Waleska 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 Waleska Tax Rate
0.52%
Average Bartow County Tax Rate
0.84%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Waleska, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30183 | 0.17% | 0.25% | 0.52% | 0.80% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Waleska, Georgia
In Waleska, 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 Waleska, 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. For example, the median home price in Waleska is $357,379. The median tax bill ranges significantly, with the 25th percentile at $819 and the 75th percentile at $2,968. The highest median tax bill is $1,817 in zip code 30183, while the lowest is also $1,817 in the same zip code. Being aware of these valuation processes in Waleska helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Waleska Assessed Value
$357,379
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 Waleska, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30183 | $179,229 | $263,322 | $357,379 | $383,291 | $393,907 |
Source: Ownwell
Property Tax Bills Across Waleska, Georgia
In Waleska, GA, located in Bartow County, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The tax rate, known as the millage rate, is applied to this assessed value to determine the annual tax bill. Factors such as local government budgets, school funding, and public services influence this rate. Homeowners in Waleska see a wide range of tax bills; for instance, the 25th percentile tax bill is $819, while the 75th percentile reaches $2,968, and the 90th percentile can be as high as $3,456. These tax bills impact homeowners significantly, as they must budget for these annual expenses. With the median home price in Waleska at $357,379, the property tax rate can lead to substantial yearly costs. Compared to the national median property tax rate of 0.99%, Waleska's property taxes can vary widely, reflecting the diverse economic factors at play within the community.
Average Waleska Tax Bill
$1,817
Average Bartow County Tax Bill
$2,073
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Waleska, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30183 | $301 | $819 | $1,817 | $2,968 | $3,456 |
Source: Ownwell