Gillsville, Hall County, Georgia Property Taxes
The median property tax rate in Gillsville, GA is 1.09%, slightly above both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $210,750 in Gillsville, the typical annual property tax bill amounts to $2,284, which is below the national median of $2,690. Property taxes in Gillsville are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Gillsville'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 Gillsville or another part of Hall County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Gillsville, Hall County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$2,297
$2,132
Ownwell’s Gillsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Gillsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Gillsville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Gillsville, Hall County, Georgia
Property taxes in Gillsville, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Gillsville is 1.09%, which is higher than the U.S. national median of 0.99%. Local government entities within Gillsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Gillsville 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. Understanding how these cities compare with Gillsville provides valuable insights into the varying tax landscape across Hall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Gillsville Tax Rate
1.09%
Average Hall County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Gillsville, Hall County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30543 | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Gillsville, Hall County, Georgia
In Gillsville, 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 Hall 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 Gillsville, 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 example, the median home price in Gillsville is $210,750, with tax bills ranging from $1,482 at the 25th percentile to $4,412 at the 90th percentile. The highest and lowest median tax bills are both reported at $2,284 in the 30543 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 Gillsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Gillsville, Hall County, Georgia
Source: Ownwell
$150,000
$286,250
$422,500
Average Gillsville Assessed Value
$210,750
Average Hall County Assessed Value
$259,200
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Gillsville, Hall County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30543 | $61,947 | $139,810 | $210,750 | $261,425 | $410,328 |
Source: Ownwell
Property Tax Bills Across Gillsville, Hall County, Georgia
Property tax bills in Gillsville, located in Hall County, GA, are determined by several factors, including the assessed value of the property and the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county's tax assessor. Homeowners in Gillsville can expect property tax bills that vary significantly based on their property's assessed value. For instance, the 25th percentile tax bill is around $1,482, while the 75th percentile tax bill rises to approximately $2,830. At the higher end, the 90th percentile tax bill reaches about $4,412. These figures contrast with the national median property tax rate of 0.99%, highlighting the variability within the region. The highest and lowest median tax bills in the area are both $2,284, indicating a consistent tax burden across different properties. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan their finances accordingly.
Average Gillsville Tax Bill
$2,284
Average Hall County Tax Bill
$2,651
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Gillsville, Hall County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30543 | $659 | $1,482 | $2,284 | $2,830 | $4,412 |
Source: Ownwell