Buford, Hall County, Georgia Property Taxes

Local government entities set tax rates, which can vary widely within a state. 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 Buford’s effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S.

Buford, located in Hall County, Georgia, stands out with its effective property tax rate. The median property tax rate in Georgia is slightly higher than the national median, which means that Buford’s residents experience a relatively modest property tax burden compared to other areas. This can be advantageous for homeowners looking to manage their expenses effectively. Additionally, within Hall County, the property tax rates are consistent, with the highest and lowest median rates being the same. This uniformity can provide a sense of predictability for property owners in Buford. The effective management of property taxes in Buford contributes to a balanced financial environment for its residents.

In Buford, Georgia, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Factors such as the property's location, size, and any applicable exemptions can influence the assessed value. Homeowners in Buford face a median property tax bill of $4,085, which is significantly higher than the national median of $2,400. This can place a considerable financial burden on residents, especially when compared to the national property tax rate of 1.02%.

Ownwell offers a solution for homeowners looking to reduce their property tax bills. By leveraging their expertise in property tax appeals and exemptions, Ownwell can help identify potential savings for homeowners. Through a thorough analysis of the property's assessed value and the applicable tax rates, Ownwell ensures that homeowners pay only their fair share, potentially saving them thousands of dollars annually.