Hortense, Georgia Property Taxes
The median property tax rate in Hortense, GA is 1.24%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Hortense, the typical annual property tax bill reaches $485, which is significantly lower than the national median of $2,690. Property taxes in Hortense are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hortense'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 Hortense 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
Hortense, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$587
$570
Ownwell’s Hortense Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hortense with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hortense 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 Hortense, Georgia
Property taxes in Hortense, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Hortense is 1.24%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Hortense set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hortense 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 Hortense's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31543 zip code has the highest median property tax rate of 1.24%, while the same zip code also has the lowest median tax rate of 1.24%. Understanding how these areas compare with Hortense provides valuable insights into the varying tax landscape across Brantley County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hortense Tax Rate
1.24%
Average Brantley County Tax Rate
1.30%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hortense, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31543 | 0.78% | 1.14% | 1.24% | 1.32% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Hortense, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hortense, 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 Brantley County appraisal authorities 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. Assessment notices in Hortense 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 Hortense helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $485.00, found in the zip code 31543.
Average Hortense Assessed Value
$47,328
Average Brantley County Assessed Value
$59,670
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hortense, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31543 | $12,810 | $23,714 | $47,328 | $101,506 | $182,007 |
Source: Ownwell
Property Tax Bills Across Hortense, Georgia
In Hortense, GA, 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 Hortense is $47,328. Property taxes are determined by applying the local tax rate to this assessed value. For instance, homeowners in the 31543 zip code, which has the highest and lowest median tax bill of $485, can expect their tax bills to vary significantly based on their property's assessed value and any applicable exemptions. Tax bills in Hortense can range widely, with the 25th percentile at $252 and the 75th percentile at $1,029, indicating a broad spectrum of tax burdens across different properties. At the 90th percentile, tax bills can reach as high as $1,930. These variations can significantly impact homeowners, influencing their overall housing costs and financial planning. Understanding these factors helps homeowners anticipate their annual property tax obligations and budget accordingly.
Average Hortense Tax Bill
$485
Average Brantley County Tax Bill
$757
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Hortense, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31543 | $120 | $252 | $485 | $1,029 | $1,930 |
Source: Ownwell