Fannin County Property Taxes
The median property tax rate in Fannin County is 0.56%, which is significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Fannin County, the typical annual property tax bill reaches $1,562, which is well below the national median of $2,690. Property taxes in Fannin County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Fannin County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Blue Ridge or another part of Fannin County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fannin County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.56%
Estimate Property Tax Bill
$1,655
$1,536
Ownwell’s Fannin County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Fannin County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Fannin County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations, taking into account any exemptions you may have on your property.
Property Tax Rates Across Fannin County, Georgia
Property taxes in Fannin County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fannin County is 0.56%, which is lower than the U.S. national median of 0.99%. Local government entities within Fannin County set these rates annually, and they can vary significantly between different areas within the county. Each year, Fannin County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Fannin County's effective property tax rate with other regions and the national median. For comparison, the city of McCaysville has one of the higher property tax rates in the area at 0.56%, while the city of Epworth boasts one of the lowest at 0.56%. Analyzing how Fannin County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fannin County Tax Rate
0.56%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fannin County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blairsville | 0.41% | 0.56% | 0.56% | 0.56% | 0.56% |
Blue Ridge | 0.41% | 0.56% | 0.56% | 0.56% | 0.56% |
Cherry Log | 0.41% | 0.56% | 0.56% | 0.56% | 0.56% |
Epworth | 0.41% | 0.56% | 0.56% | 0.56% | 0.56% |
Mc Caysville | 0.41% | 0.56% | 0.56% | 0.70% | 0.70% |
Mineral Bluff | 0.41% | 0.56% | 0.56% | 0.56% | 0.56% |
Morganton | 0.41% | 0.56% | 0.56% | 0.56% | 0.56% |
Suches | 0.41% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Fannin County, Georgia
In Fannin County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Fannin County Appraisal District. The assessed value, however, 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 Fannin County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, Cherry Log has the highest median tax bill at $1,720, while McCaysville has the lowest at $960. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Fannin County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Fannin County Assessed Value
$295,604
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fannin County, Georgia
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blairsville | $44,136 | $101,638 | $262,961 | $360,592 | $489,102 |
Blue Ridge | $71,560 | $181,611 | $309,147 | $486,947 | $688,777 |
Cherry Log | $95,497 | $215,748 | $324,196 | $501,026 | $665,764 |
Epworth | $52,553 | $139,332 | $253,837 | $397,267 | $569,340 |
Mc Caysville | $30,602 | $74,271 | $171,175 | $298,514 | $447,881 |
Mineral Bluff | $57,199 | $164,099 | $307,844 | $470,412 | $628,091 |
Morganton | $51,082 | $153,007 | $306,240 | $481,915 | $701,320 |
Suches | $80,229 | $186,656 | $306,694 | $441,525 | $584,900 |
Source: Ownwell
Property Tax Bills Across Fannin County, Georgia
In Fannin County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is typically a percentage of the market value of the property. Homeowners in this county can expect a median home price of $295,604, with property tax bills varying significantly depending on the property's assessed value and location. For example, the 25th percentile of tax bills is around $824, while the 75th percentile reaches up to $2,487, and the 90th percentile can be as high as $3,527. The city of Cherry Log has the highest median tax bill at $1,720, whereas McCaysville has the lowest at $960. Compared to the national median property tax rate of 0.99%, Fannin County's rates can be considered relatively moderate. These variations in tax bills can significantly impact homeowners, influencing their annual financial planning and the overall affordability of owning property in different parts of the county.
Average Fannin County Tax Bill
$1,562
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Fannin County, Georgia
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blairsville | $192 | $489 | $1,321 | $2,006 | $2,743 |
Blue Ridge | $346 | $952 | $1,658 | $2,614 | $3,724 |
Cherry Log | $465 | $1,080 | $1,720 | $2,664 | $3,634 |
Epworth | $231 | $684 | $1,322 | $2,131 | $3,123 |
Mc Caysville | $144 | $414 | $960 | $1,644 | $2,423 |
Mineral Bluff | $271 | $814 | $1,590 | $2,505 | $3,410 |
Morganton | $240 | $726 | $1,590 | $2,550 | $3,689 |
Suches | $447 | $963 | $1,635 | $2,395 | $3,148 |
Source: Ownwell