Turnerville, Georgia Property Taxes
The median property tax rate in Turnerville, GA is 0.78%, notably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Turnerville at $119,475, the typical annual property tax bill amounts to $943, which is significantly below the national median of $2,690. Property taxes in Turnerville are calculated based on the tax assessed value, which is generally lower than the market value due to various exemptions such as the primary residence and agricultural exemptions. Understanding Turnerville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Turnerville or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Turnerville, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Turnerville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Turnerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Turnerville to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in seeing trends on a neighborhood level, more localized information can be found by scrolling down. 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 Turnerville, Georgia
Property taxes in Turnerville, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Turnerville is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Turnerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Turnerville 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 Turnerville's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 30580 has both the highest and lowest median property tax rate in the county, which is also 0.78%. Understanding how these cities compare with Turnerville provides valuable insights into the varying tax landscape across Habersham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Turnerville Tax Rate
0.78%
Average Habersham County Tax Rate
0.99%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Turnerville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30580 | 0.76% | 0.77% | 0.78% | 0.79% | 0.80% |
Source: Ownwell
Property Tax Assessment Values Across Turnerville, Georgia
In Turnerville, 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 Habersham 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 Turnerville, 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 Turnerville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is found in the 30580 zip code, amounting to $943.
Average Turnerville Assessed Value
$119,475
Average Habersham County Assessed Value
$168,150
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Turnerville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30580 | $88,487 | $100,108 | $119,475 | $138,842 | $150,463 |
Source: Ownwell
Property Tax Bills Across Turnerville, Georgia
In Turnerville, located in Habersham County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is typically a percentage of the property's market value. The tax rate, or millage rate, is then applied to the assessed value to determine the annual tax bill. Various factors such as property improvements, location, and market trends can influence the assessed value. For homeowners in Turnerville, the median home price stands at $119,475. The property tax bills can vary significantly, with the 25th percentile tax bill being $778 and the 75th percentile reaching $1,108. At the 90th percentile, homeowners might see tax bills around $1,206. These figures highlight the range of property tax burdens within the area. Compared to the national median property tax rate of 0.99%, Turnerville's property tax rates can have a noticeable impact on homeowners, influencing their overall financial planning and housing affordability.
Average Turnerville Tax Bill
$943
Average Habersham County Tax Bill
$1,201
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Turnerville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30580 | $680 | $778 | $943 | $1,108 | $1,206 |
Source: Ownwell