East Point, Georgia Property Taxes
The median property tax rate in East Point, GA is 1.05%, slightly higher than the national median of 0.99% but below Georgia's state median of 1.08%. With the median home value in East Point at $153,750, the typical annual property tax bill is approximately $1,228, which is lower than the national median of $2,690. Property taxes in East Point are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions, such as those for primary residences and agricultural land. Understanding East Point'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 East Point or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
East Point, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$1,614
$1,498
$1,148
Average Tax Savings
Ownwell’s East Point Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in East Point with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Point to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in East Point. 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 East Point, Georgia
Property taxes in East Point, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Point is 1.05%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within East Point set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Point 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 East Point's effective property tax rate to other areas in Georgia and the national median. For comparison, the 30344 zip code has the highest median property tax rate of 1.05%, while the 30349 zip code has the lowest median tax rate of 1.05%. Understanding how these areas compare with East Point provides valuable insights into the varying tax landscape across Fulton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Point Tax Rate
1.05%
Average Fulton County Tax Rate
1.05%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Point, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30344 | 0.33% | 0.41% | 1.05% | 1.05% | 1.13% |
30349 | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% |
Source: Ownwell
$1,148
Average East Point Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across East Point, Georgia
In East Point, 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 Fulton 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 East Point, 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. For instance, the highest median tax bill in the area is $1,382 in the 30349 zip code, while the lowest is $1,176 in the 30344 zip code. 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 East Point helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average East Point Assessed Value
$153,750
Average Fulton County Assessed Value
$326,600
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Point, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30344 | $117,500 | $123,700 | $154,700 | $176,500 | $256,080 |
30349 | $131,300 | $131,300 | $131,300 | $131,300 | $131,300 |
Source: Ownwell
$1,148
Average East Point Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across East Point, Georgia
In East Point, property tax bills are calculated based on the assessed value of the home, which is a percentage of the market value. Homeowners in Fulton County face a median property tax rate of 0.99%, aligning with the national average. Factors such as the home's assessed value, local tax rates, and any applicable exemptions play a crucial role in determining the final tax bill. For instance, the median home price in East Point is $153,750, resulting in tax bills that range from $599 at the 25th percentile to $1,957 at the 90th percentile. High property taxes can significantly impact homeowners, making it essential to explore ways to reduce these expenses. This is where Ownwell comes in. By leveraging local expertise and data-driven insights, Ownwell can help homeowners appeal their assessed values and identify potential exemptions, potentially saving hundreds of dollars annually. Whether you live in a high-tax zip code like 30349 or a lower-tax area like 30344, Ownwell's tailored services ensure you pay only your fair share.
Average East Point Tax Bill
$1,228
Average Fulton County Tax Bill
$3,345
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across East Point, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30344 | $453 | $579 | $1,176 | $1,747 | $1,971 |
30349 | $1,382 | $1,382 | $1,382 | $1,382 | $1,382 |
Source: Ownwell
$1,148
Average East Point Tax Savings
Save on your property taxes & more with 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 | |
---|---|
Fulton Assessor's Office | |
Phone | (404) 612-6440 |
Website | qpublic.schneidercorp.com |
boa@fultoncountyga.gov |
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