Fayetteville, Georgia Property Taxes
The median property tax rate in Fayetteville, GA is 0.83%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Fayetteville at $341,100, the typical annual property tax bill reaches $2,668, slightly below the national median of $2,690. Property taxes in Fayetteville 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 Fayetteville'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 Fayetteville 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
Fayetteville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$2,831
$2,627
Ownwell’s Fayetteville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fayetteville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fayetteville 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 Fayetteville, Georgia
Property taxes in Fayetteville, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fayetteville is 0.83%, lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Fayetteville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fayetteville 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 Fayetteville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30215 zip code has the highest median property tax rate of 0.90%, while the 30214 zip code has the lowest median tax rate of 0.78%. Understanding how these cities compare with Fayetteville provides valuable insights into the varying tax landscape across Fayette County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fayetteville Tax Rate
0.83%
Average Fayette County Tax Rate
0.91%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fayetteville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30214 | 0.30% | 0.38% | 0.78% | 1.18% | 1.34% |
| 30215 | 0.31% | 0.45% | 0.90% | 1.17% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Fayetteville, Georgia
In Fayetteville, 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 Fayette 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 Fayetteville, 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 Fayetteville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 30215 at $3,127, while the lowest is 30214 at $2,280.
Average Fayetteville Assessed Value
$341,100
Average Fayette County Assessed Value
$370,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fayetteville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30214 | $193,000 | $243,100 | $307,600 | $403,175 | $532,920 |
| 30215 | $222,800 | $289,000 | $377,500 | $507,400 | $665,080 |
Source: Ownwell
Property Tax Bills Across Fayetteville, Georgia
In Fayetteville, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For homeowners in Fayetteville, the median home price is $341,100. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the home's location, size, and any applicable exemptions are considered in this calculation. Homeowners in Fayetteville can expect a wide range of tax bills. The 25th percentile tax bill is $1,402, while the 75th percentile reaches $4,173, and the 90th percentile climbs to $5,890. The highest median tax bill in the area is $3,127 in the 30215 zip code, whereas the lowest median is $2,280 in the 30214 zip code. These property tax rates can significantly impact homeowners by influencing their overall housing costs, making it essential to understand how these taxes are calculated and what factors might affect them.
Average Fayetteville Tax Bill
$2,668
Average Fayette County Tax Bill
$3,139
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Fayetteville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30214 | $836 | $1,218 | $2,280 | $3,583 | $4,951 |
| 30215 | $957 | $1,633 | $3,127 | $4,814 | $6,459 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
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