Alpharetta, Forsyth County, Georgia Property Taxes

Local government entities set tax rates, which can vary widely within a state. Why? Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their 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.

In Alpharetta, located in Forsyth County, the effective property tax rate is a crucial factor for homeowners. The median property tax rate in Georgia is 1.18%, slightly above the national median of 1.02%. Alpharetta's effective tax rate is on par with the state median, which makes it a competitive location for property owners. The highest median tax rate in Alpharetta is 1.19% in the 30004 zip code, while the lowest is 1.18% in the 30005 zip code. Understanding these rates is essential for homeowners looking to manage their property tax bills effectively. Comparing these rates to the national median property tax bill of $2400, Alpharetta offers a balanced approach to property taxation, providing a favorable environment for residents.

In Alpharetta, located in Forsyth County, GA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. Typically, the assessed value is a percentage of the home's market value. Homeowners in Alpharetta face a median property tax bill of $3,865, significantly higher than the national median of $2,400. The tax bill varies widely, with the 25th percentile at $3,104 and the 75th percentile at $5,596. Factors such as the property's location, size, and improvements can influence the assessed value and, consequently, the tax bill. For example, homes in the 30005 zip code experience the highest median tax bill at $5,172.

Ownwell can assist homeowners in Alpharetta by identifying potential inaccuracies in their property's assessed value and filing appeals to reduce tax liabilities. By leveraging expertise in local property tax regulations, Ownwell can help ensure that homeowners are not overpaying, potentially saving them thousands of dollars annually.