Sharpsburg, Georgia Property Taxes
The median property tax rate in Sharpsburg, GA is 0.79%, which is notably lower than the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $354,230 in Sharpsburg, the typical annual property tax bill amounts to $2,577, falling below the national median of $2,690. Property taxes in Sharpsburg are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Sharpsburg'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 Sharpsburg or another part of Coweta County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sharpsburg, 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 Sharpsburg Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Sharpsburg. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Sharpsburg to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Coweta County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Sharpsburg, Georgia
Property taxes in Sharpsburg, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sharpsburg is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Sharpsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sharpsburg 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 Sharpsburg's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30277 has both the highest and lowest median property tax rate of 0.79%. Understanding how these cities compare with Sharpsburg 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 Sharpsburg Tax Rate
0.79%
Average Coweta County Tax Rate
0.80%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sharpsburg, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30277 | 0.30% | 0.60% | 0.79% | 0.93% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Sharpsburg, Georgia
In Sharpsburg, 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 Sharpsburg, 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. Being aware of these valuation processes in Sharpsburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in the area is $2,577 in the 30277 zip code, while the lowest is also $2,577 in the same zip code, reflecting a consistent tax landscape.
Average Sharpsburg Assessed Value
$354,230
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 Sharpsburg, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30277 | $215,464 | $275,255 | $354,230 | $452,668 | $575,150 |
Source: Ownwell
Property Tax Bills Across Sharpsburg, Georgia
In Sharpsburg, located in Coweta County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county tax assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Sharpsburg experience a range of property tax bills, with the 25th percentile at $1,721 and the 75th percentile at $3,611, reflecting the variability in home values and property characteristics. Several factors influence the property tax bill, including the home's market value, the local tax rate, and any applicable exemptions. For example, the highest median tax bill in the area is $2,577, which is consistent across the zip code 30277. This figure is significantly lower than the national median property tax rate of 0.99%, making Sharpsburg an attractive location for homeowners seeking lower property taxes. Understanding how these elements interact can help homeowners anticipate their tax liabilities and plan their finances accordingly, ensuring they are well-prepared for annual property tax payments.
Average Sharpsburg Tax Bill
$2,577
Average Coweta County Tax Bill
$2,379
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Sharpsburg, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30277 | $831 | $1,721 | $2,577 | $3,611 | $4,745 |
Source: Ownwell