Perkins, Georgia Property Taxes
The median property tax rate in Perkins, GA is 0.83%, which is notably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Perkins at $75,277, the typical annual property tax bill amounts to $647, well below the national median of $2,690. Property taxes in Perkins are determined based on the tax assessed value, which is often less than the market value due to various exemptions such as the primary residence and agricultural exemptions. Gaining a thorough understanding of Perkins' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Perkins or another part of the city, being knowledgeable about the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Perkins, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$625
$607
Ownwell’s Perkins Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Perkins with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Perkins 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 Perkins, Georgia
Property taxes in Perkins, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Perkins is 0.83%, which is lower than the U.S. national median of 0.99%. Local government entities within Perkins set these rates annually, and they can vary significantly across different neighborhoods. Each year, Perkins 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 Perkins' effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 30442 within Burke County has the highest median property tax rate of 0.83%, while the same zip code also has the lowest median tax rate of 0.83%. Understanding how these areas compare with Perkins provides valuable insights into the varying tax landscape across Burke County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Perkins Tax Rate
0.83%
Average Burke County Tax Rate
0.79%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Perkins, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | 0.71% | 0.74% | 0.83% | 0.85% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Perkins, Georgia
In Perkins, 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 Burke 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 Perkins, 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. The median home price in Perkins is $75,277, with tax bills ranging from $251 at the 25th percentile to $2,880 at the 90th percentile. The highest and lowest median tax bills are both $647, found in the 30442 zip code. 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 Perkins helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Perkins Assessed Value
$75,277
Average Burke County Assessed Value
$99,724
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Perkins, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | $16,410 | $30,010 | $75,277 | $216,555 | $380,055 |
Source: Ownwell
Property Tax Bills Across Perkins, Georgia
In Perkins, 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 annual tax bill. For instance, with a median home price of $75,277, homeowners can expect varying tax bills depending on their property's specific assessed value and applicable tax rates. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. For example, tax bills in Perkins range from the 25th percentile at $251 to the 75th percentile at $1,520, with some homeowners paying as much as $2,880 at the 90th percentile. The highest and lowest median tax bills in the area are both $647, indicating some consistency in tax assessments. These property taxes fund essential community services such as schools, infrastructure, and public safety, directly impacting homeowners by contributing to the overall quality of life in Perkins. Understanding how these taxes are calculated helps homeowners better anticipate their financial obligations and plan accordingly.
Average Perkins Tax Bill
$647
Average Burke County Tax Bill
$840
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Perkins, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30442 | $138 | $251 | $647 | $1,520 | $2,880 |
Source: Ownwell