Silver Creek, Floyd County, Georgia Property Taxes
Median Silver Creek, GA effective property tax rate: 0.98%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Silver Creek, GA home value: $148,583
Median annual Silver Creek, GA tax bill: $1,428, $972 lower than the national median property tax bill of $2,400.
How are property taxes in Floyd calculated?
Property taxes in Silver Creek, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Silver Creek’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Silver Creek, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Silver Creek, Floyd County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.98%
Estimate Property Tax Bill
$1,456
$1,351
Property Tax Rates Across Silver Creek, Floyd County, Georgia
Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Silver Creek’s effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S. Silver Creek, located in Floyd County, has a median property tax rate of 0.98%, which aligns with the highest and lowest median tax rates in the area. This rate is slightly below the national median property tax rate of 1.02%, offering a more affordable option for property owners. With the national median property tax bill at $2,400, residents in Silver Creek may find their property tax obligations to be more manageable. Understanding these rates can help property owners make informed decisions about their investments and financial planning.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Silver Creek Tax Rate
0.98%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Floyd County Tax Rate
1.19%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Silver Creek, Floyd County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30173 | 0.32% | 0.65% | 0.98% | 1.40% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Silver Creek, Floyd County, Georgia
When examining property taxes in Silver Creek, GA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Floyd County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Floyd County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Silver Creek. For example, the median home price in Silver Creek is $148,583, with tax bills ranging significantly across the county. Zip code 30173 has the highest median home price at $148,583.
Property Tax Assessment Values Across Silver Creek, Floyd County, Georgia
Source: Ownwell
$112,732
$152,880
$193,027
Median Silver Creek Market Value
$148,583
Median Floyd County Market Value
$141,916
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Silver Creek, Floyd County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30173 | $53,712 | $102,142 | $148,583 | $208,986 | $291,353 |
Source: Ownwell
Property Tax Bills Across Silver Creek, Floyd County, Georgia
In Silver Creek, located in Floyd County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. Homeowners in Silver Creek pay a median property tax bill of $1,428, which is below the national median of $2,400. This tax amount can vary, with the 25th percentile at $704 and the 90th percentile reaching $3,083, reflecting differences in home values and property assessments within the area.
For homeowners, these taxes can represent a significant financial obligation. Understanding how these bills are determined can help identify opportunities for savings. Ownwell provides expert property tax appeal and exemption services to help homeowners potentially reduce their tax bills. By analyzing property assessments and market data, Ownwell can assist homeowners in Silver Creek in identifying discrepancies and filing appeals, ensuring they are not overpaying on their property taxes.
Median Silver Creek Tax Bill
$1,428
Median Floyd County Tax Bill
$1,460
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Silver Creek, Floyd County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30173 | $283 | $704 | $1,428 | $2,145 | $3,083 |
Source: Ownwell