Fowlstown, Georgia Property Taxes
The median property tax rate in Fowlstown, GA is 0.95%, which is slightly below the national median of 0.99% and significantly lower than the Georgia state median of 1.08%. With the median home value in Fowlstown at $26,658, the typical annual property tax bill is $252, well below the national median of $2,690. Property taxes in Fowlstown are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Fowlstown'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 Fowlstown or another part of Decatur County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fowlstown, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$253
$235
Ownwell’s Fowlstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fowlstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fowlstown 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 Fowlstown, Georgia
Property taxes in Fowlstown, Georgia, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Fowlstown is 0.95%, slightly below the U.S. national median of 0.99%. Local government entities within Fowlstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fowlstown 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 Fowlstown's effective property tax rate to other counties in Georgia and the national median. For comparison, the 39852 zip code has the highest median property tax rate of 0.95%, while the same zip code also has the lowest median tax rate of 0.95%. Understanding how these cities compare with Fowlstown provides valuable insights into the varying tax landscape across Decatur County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fowlstown Tax Rate
0.95%
Average Decatur County Tax Rate
1.16%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fowlstown, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39852 | 0.50% | 0.95% | 0.95% | 1.16% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Fowlstown, Georgia
In Fowlstown, 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 Decatur 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 in Fowlstown 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 Fowlstown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 39852 in Decatur County has both the highest and lowest median tax bill at $252. Understanding these nuances can help property owners in Fowlstown make informed decisions about their property taxes.
Average Fowlstown Assessed Value
$26,658
Average Decatur County Assessed Value
$105,240
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fowlstown, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39852 | $4,561 | $6,099 | $26,658 | $27,504 | $54,517 |
Source: Ownwell
Property Tax Bills Across Fowlstown, Georgia
In Fowlstown, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The process involves the local tax assessor determining the market value of a home, and then applying the assessment ratio to arrive at the assessed value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the final tax bill, including the property's location within Decatur County, its size, and its condition. For example, the median home price in Fowlstown is $26,658. Homeowners in the 25th percentile pay around $41 annually, while those in the 75th percentile see bills closer to $262. The 90th percentile can reach up to $611. These figures are relatively low compared to the national median property tax rate of 0.99%, making Fowlstown an appealing location for homeowners looking for lower property tax burdens. This system ensures that tax bills are proportionate to the value of the property, providing a fair way to fund local services and infrastructure.
Average Fowlstown Tax Bill
$252
Average Decatur County Tax Bill
$1,188
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Fowlstown, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
39852 | $24 | $41 | $252 | $262 | $611 |
Source: Ownwell