Hartsfield, Georgia Property Taxes
The median property tax rate in Hartsfield, GA is 0.84%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $118,301 in Hartsfield, the typical annual property tax bill comes to $979, significantly below the national median of $2,690. Property taxes in Hartsfield are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Hartsfield'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 Hartsfield 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
Hartsfield, 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 Hartsfield Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hartsfield. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Hartsfield to give you an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities clearly. If you’re curious about trends in specific neighborhoods, scroll down to explore more localized information. Your property’s assessed value is determined by the county for tax calculations and includes any applicable exemptions.
Property Tax Rates Across Hartsfield, Georgia
Property taxes in Hartsfield, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Hartsfield is 0.84%, which is lower than the U.S. national median of 0.99%. Local government entities within Hartsfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hartsfield 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 Hartsfield's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 31756 has the same highest and lowest median property tax rate of 0.84%. Understanding how these cities compare with Hartsfield provides valuable insights into the varying tax landscape across Colquitt County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hartsfield Tax Rate
0.84%
Average Colquitt County Tax Rate
0.91%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hartsfield, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31756 | 0.61% | 0.79% | 0.84% | 0.89% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Hartsfield, Georgia
In Hartsfield, 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 Colquitt 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 Hartsfield, 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. For example, the median home price in Hartsfield is $118,301, with tax bills ranging from $489 at the 25th percentile to $2,440 at the 90th percentile. 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 Hartsfield helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hartsfield Assessed Value
$118,301
Average Colquitt County Assessed Value
$87,526
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hartsfield, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31756 | $32,863 | $60,970 | $118,301 | $202,521 | $311,628 |
Source: Ownwell
Property Tax Bills Across Hartsfield, Georgia
In Hartsfield, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate, known as the millage rate, is then applied to this assessed value. For instance, a home in Hartsfield with a median home price of $118,301 will have its assessed value determined, and the millage rate will be used to calculate the final tax bill. Various factors such as property improvements, neighborhood developments, and overall market conditions can influence these assessments. Homeowners in Hartsfield can expect their tax bills to vary significantly. The 25th percentile tax bill is around $489, while the 75th percentile reaches $1,708, and the 90th percentile can go up to $2,440. These figures highlight the range of property tax burdens within the city, influenced by property values and local tax rates. Compared to the national median property tax rate of 0.99%, Hartsfield's rates can be seen as relatively moderate, affecting homeowners differently based on their property’s assessed value.
Average Hartsfield Tax Bill
$979
Average Colquitt County Tax Bill
$845
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Hartsfield, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31756 | $264 | $489 | $979 | $1,708 | $2,440 |
Source: Ownwell