Leesburg, Georgia Property Taxes
The median property tax rate in Leesburg, GA is 1.31%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Leesburg at $101,207, the typical annual property tax bill reaches $1,611, which is below the national median of $2,690. Property taxes in Leesburg are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Leesburg'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 Leesburg 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
Leesburg, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$1,326
$1,288
Ownwell’s Leesburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Leesburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Leesburg 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 Leesburg, Georgia
Property taxes in Leesburg, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Leesburg is 1.31%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Leesburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Leesburg 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 Leesburg's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31763 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Leesburg provides valuable insights into the varying tax landscape across Dougherty County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Leesburg Tax Rate
1.31%
Average Dougherty County Tax Rate
1.85%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Leesburg, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31763 | 0.47% | 0.79% | 1.31% | 1.85% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across Leesburg, Georgia
In Leesburg, 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 Dougherty 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 Leesburg, 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 Leesburg is $101,207, with tax bills ranging from $839 at the 25th percentile to $2,409 at the 90th percentile. Notably, the highest and lowest median tax bills are both found in the 31763 zip code, at $1,611. 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 Leesburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Leesburg Assessed Value
$101,207
Average Dougherty County Assessed Value
$72,600
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Leesburg, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31763 | $69,540 | $84,300 | $101,207 | $133,500 | $166,040 |
Source: Ownwell
Property Tax Bills Across Leesburg, Georgia
In Leesburg, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Leesburg is $101,207. To determine the tax bill, local authorities apply the property tax rate to the assessed value of the property. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Leesburg can expect varying tax bills. For instance, the 25th percentile tax bill is $839, while the 75th percentile tax bill reaches $2,071. At the higher end, the 90th percentile tax bill amounts to $2,409. The highest median tax bill in the area is $1,611, found in the 31763 zip code. Comparatively, the national median property tax rate is 0.99%, making it essential for Leesburg homeowners to understand how local rates and property values impact their annual tax obligations. Knowing these details helps homeowners budget effectively and seek any available tax relief options.
Average Leesburg Tax Bill
$1,611
Average Dougherty County Tax Bill
$1,001
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Leesburg, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31763 | $401 | $839 | $1,611 | $2,071 | $2,409 |
Source: Ownwell