Felton, Georgia Property Taxes
The median property tax rate in Felton, GA is 1.12%, which is higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Felton, the typical annual property tax bill reaches $204, falling significantly below the national median of $2,690. Property taxes in Felton are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Felton'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 Felton or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Felton, 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 Felton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Felton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Felton 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 Felton, Georgia
Property taxes in Felton, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Felton is 1.12%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Felton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Felton 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 Felton's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30140 zip code has the highest median property tax rate of 1.12%, while the 30140 zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Felton provides valuable insights into the varying tax landscape across Haralson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Felton Tax Rate
1.12%
Average Haralson County Tax Rate
1.12%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Felton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30140 | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Felton, Georgia
In Felton, 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 Haralson 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 Felton, 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 Felton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 30140, both at $204, reflecting the uniformity in property tax assessments in the area.
Average Felton Assessed Value
$18,272
Average Haralson County Assessed Value
$113,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Felton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30140 | $18,272 | $18,272 | $18,272 | $18,272 | $18,272 |
Source: Ownwell
Property Tax Bills Across Felton, Georgia
In Felton, located in Haralson County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local assessment rate and the tax rate set by various taxing authorities, such as the county and school districts, play critical roles in determining the final tax bill. For instance, with a median home price of $18,272, the property tax bill in Felton is notably modest compared to the national median property tax rate of 0.99%. Factors influencing the tax bill include the home's assessed value, applicable exemptions, and the local tax rate. Homeowners in Felton see a consistent property tax bill, with amounts at the 25th, 75th, and 90th percentiles all being $204. This uniformity suggests a stable taxation environment, which can be beneficial for budgeting and financial planning. While these taxes contribute to essential public services, they also impact the overall cost of homeownership, making it crucial for residents to understand how their tax bills are determined.
Average Felton Tax Bill
$204
Average Haralson County Tax Bill
$1,337
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Felton, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30140 | $204 | $204 | $204 | $204 | $204 |
Source: Ownwell