Turin, Georgia Property Taxes
The median property tax rate in Turin, GA is 0.53%, significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Turin, the typical annual property tax bill reaches $634, well below the national median of $2,690. Property taxes in Turin 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 Turin'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 Turin 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
Turin, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.53%
Estimate Property Tax Bill
$1,057
$1,027
Ownwell’s Turin Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Turin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Turin 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 Turin, Georgia
Property taxes in Turin, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Turin is 0.53%, lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Turin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Turin 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 Turin's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30289 zip code has both the highest and lowest median property tax rate of 0.53%. Understanding how these cities compare with Turin 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 Turin Tax Rate
0.53%
Average Coweta County Tax Rate
0.80%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Turin, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30289 | 0.31% | 0.39% | 0.53% | 0.62% | 0.67% |
Source: Ownwell
Property Tax Assessment Values Across Turin, Georgia
In Turin, 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. 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 Turin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 30289 has both the highest and lowest median tax bill, standing at $634.
Average Turin Assessed Value
$199,502
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 Turin, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30289 | $136,030 | $159,832 | $199,502 | $211,956 | $219,428 |
Source: Ownwell
Property Tax Bills Across Turin, Georgia
In Turin, property tax bills are calculated based on the assessed value of the home, which is determined by the Coweta County tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Turin can expect their property tax bills to vary depending on several factors, including the location and size of their property. For example, in Coweta County, the median home price is $199,502. The property tax bills in this area range significantly, with the 25th percentile at $607 and the 75th percentile at $1023. The highest median tax bill in the area is $634, found in the zip code 30289. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. For homeowners, understanding how these taxes are calculated can help in budgeting and financial planning. Compared to the national median property tax rate of 0.99%, homeowners in Turin may find their rates relatively manageable, depending on their specific property assessments.
Average Turin Tax Bill
$634
Average Coweta County Tax Bill
$2,379
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Turin, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30289 | $591 | $607 | $634 | $1,023 | $1,256 |
Source: Ownwell