Dewy Rose, Elbert County, Georgia Property Taxes
The median property tax rate in Dewy Rose, GA is 0.96%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $82,595, the typical annual property tax bill in Dewy Rose is approximately $768, which is significantly lower than the national median of $2,690. Property taxes in Dewy Rose are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as the primary residence and agricultural exemptions. Understanding Dewy Rose'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 Dewy Rose or another part of Elbert County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dewy Rose, Elbert County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$793
$736
Ownwell’s Dewy Rose Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dewy Rose with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dewy Rose 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 Dewy Rose, Elbert County, Georgia
Property taxes in Dewy Rose, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dewy Rose is 0.96%, slightly below the U.S. national median of 0.99%. Local government entities within Dewy Rose set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dewy Rose 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 Dewy Rose's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30634 has both the highest and lowest median property tax rate of 0.96%. Understanding how these cities compare with Dewy Rose provides valuable insights into the varying tax landscape across Elbert County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dewy Rose Tax Rate
0.96%
Average Elbert County Tax Rate
0.94%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dewy Rose, Elbert County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30634 | 0.62% | 0.84% | 0.96% | 0.96% | 1.99% |
Source: Ownwell
Property Tax Assessment Values Across Dewy Rose, Elbert County, Georgia
In Dewy Rose, 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 Elbert 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 Dewy Rose, 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 Dewy Rose helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 30634, with a median tax bill of $768.
Property Tax Assessment Values Across Dewy Rose, Elbert County, Georgia
Source: Ownwell
$82,595
$111,470
$140,344
Average Dewy Rose Assessed Value
$82,595
Average Elbert County Assessed Value
$94,830
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dewy Rose, Elbert County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30634 | $7,451 | $18,436 | $82,595 | $165,552 | $305,545 |
Source: Ownwell
Property Tax Bills Across Dewy Rose, Elbert County, Georgia
In Dewy Rose, located in Elbert County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For instance, with a median home price of $82,595, the assessed value is determined by local assessment practices. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Homeowners in Dewy Rose see a range of tax bills, with the 25th percentile at $267 and the 75th percentile at $1,487. At the 90th percentile, tax bills can reach up to $2,646. The median tax bill in the area is $768, which is considerably lower than the national median property tax rate of 0.99%. This relatively low tax burden can make homeownership more affordable, but it also means that local public services and infrastructure might receive less funding compared to areas with higher property taxes. Understanding these factors helps homeowners anticipate their annual expenses and plan accordingly.
Average Dewy Rose Tax Bill
$768
Average Elbert County Tax Bill
$853
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Dewy Rose, Elbert County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30634 | $84 | $267 | $768 | $1,487 | $2,646 |
Source: Ownwell