Hogansville, Georgia Property Taxes
The median property tax rate in Hogansville, GA is 0.80%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Hogansville at $250,556, the typical annual property tax bill amounts to $1,827, falling below the national median of $2,690. Property taxes in Hogansville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Hogansville'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 Hogansville 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
Hogansville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$2,004
$1,860
Ownwell’s Hogansville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hogansville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hogansville 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 Hogansville, Georgia
Property taxes in Hogansville, Georgia, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hogansville is 0.80%, which is lower than the U.S. national median of 0.99%. Local government entities within Hogansville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hogansville 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 Hogansville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30230 zip code has both the highest and lowest median property tax rate of 0.80%. Understanding how these cities compare with Hogansville provides valuable insights into the varying tax landscape across Coweta County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hogansville Tax Rate
0.80%
Average Coweta County Tax Rate
0.80%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hogansville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30230 | 0.22% | 0.59% | 0.80% | 0.93% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Hogansville, Georgia
In Hogansville, 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 Coweta 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 Hogansville, 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 Hogansville is $250,556, with tax bills ranging from $645 at the 25th percentile to $4,619 at the 90th percentile. The highest and lowest median tax bills are both $1,827 in zip code 30230. 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 Hogansville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hogansville Assessed Value
$250,556
Average Coweta County Assessed Value
$319,991
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hogansville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30230 | $56,008 | $124,292 | $250,556 | $405,815 | $569,945 |
Source: Ownwell
Property Tax Bills Across Hogansville, Georgia
In Hogansville, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Hogansville stands at $250,556. To determine the tax bill, the assessed value is multiplied by the local tax rate, which varies within different parts of Coweta County. Factors such as property location, improvements, and exemptions play a significant role in determining the final amount. Homeowners in Hogansville experience a wide range of property tax bills. At the 25th percentile, the tax bill is $645, while at the 75th percentile, it rises to $3,138. For those at the 90th percentile, the tax bill can reach up to $4,619. This variability means that while some homeowners may find their tax bills manageable, others could face a more substantial financial burden. Understanding these factors is crucial for homeowners, as property taxes significantly impact annual expenses. Comparing these figures to the national median property tax rate of 0.99% can provide additional context for homeowners evaluating their tax responsibilities.
Average Hogansville Tax Bill
$1,827
Average Coweta County Tax Bill
$2,379
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Hogansville, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30230 | $296 | $645 | $1,827 | $3,138 | $4,619 |
Source: Ownwell