Gainesville, Georgia Property Taxes
The median property tax rate in Gainesville, GA is 1.12%, notably higher than both the national median of 0.99% and Georgia’s state median of 1.08%. With a median home value of $278,770 in Gainesville, the typical annual property tax bill amounts to $2,711, slightly below the national median of $2,690. Property taxes in Gainesville are calculated based on the assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Gainesville'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 Gainesville or another part of Forsyth County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gainesville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$3,122
$2,897
Ownwell’s Gainesville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gainesville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gainesville to provide an accurate tax bill estimate. This valuable tool offers clarity on potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Gainesville, Georgia
Property taxes in Gainesville, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gainesville is 1.12%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Gainesville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gainesville 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 Gainesville's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30506 zip code has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Gainesville provides valuable insights into the varying tax landscape across Forsyth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gainesville Tax Rate
1.12%
Average Forsyth County Tax Rate
1.18%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gainesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30506 | 0.18% | 0.86% | 1.12% | 1.42% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Gainesville, Georgia
In Gainesville, 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 Forsyth 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. Assessment notices in Gainesville 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 Gainesville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 30506 has the highest median tax bill at $2,711.00, while the lowest median tax bill also stands at $2,711.00 in the same zip code.
Average Gainesville Assessed Value
$278,770
Average Forsyth County Assessed Value
$350,550
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gainesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30506 | $119,760 | $184,240 | $278,770 | $404,090 | $579,166 |
Source: Ownwell
Property Tax Bills Across Gainesville, Georgia
In Gainesville, Forsyth County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. For instance, if the median home price is $278,770, the assessed value is determined by the county's assessment ratio. Homeowners then multiply this assessed value by the local tax rate to get their annual tax bill. Factors such as property size, location, and any applicable exemptions also play a role in determining the final amount. For homeowners in Gainesville, tax bills can vary significantly. The 25th percentile tax bill is around $1,111, while the 75th percentile reaches $4,311, and the 90th percentile can go up to $6,328. The highest median tax bill in the area is $2,711, found in the 30506 zip code. These figures highlight the range of property tax burdens homeowners may face, illustrating the importance of understanding local tax assessments and rates. Compared to the national median property tax rate of 0.99%, Gainesville homeowners experience a diverse range of tax obligations.
Average Gainesville Tax Bill
$2,711
Average Forsyth County Tax Bill
$3,982
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Gainesville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30506 | $345 | $1,111 | $2,711 | $4,311 | $6,328 |
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 |
Links | |
|---|---|
| Forsyth Assessor's Office | |
| Phone | (770) 781-2106 |
| Website | qpublic.schneidercorp.com |
| boardofassessors@forsythco.com | |