Tallapoosa, Georgia Property Taxes
The median property tax rate in Tallapoosa, GA is 1.12%, which is higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $95,362 in Tallapoosa, the typical annual property tax bill amounts to $1,171, surpassing the national median of $2,690. Property taxes in Tallapoosa are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Tallapoosa'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 Tallapoosa 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
Tallapoosa, 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 Tallapoosa Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Tallapoosa with just two data points. By entering your property's estimated assessed value, the calculator utilizes the median tax rate in Tallapoosa to provide an estimated property tax bill. This invaluable tool aids in understanding potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value, determined by Haralson County, is used for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Tallapoosa, Georgia
Property taxes in Tallapoosa, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tallapoosa is 1.12%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Tallapoosa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tallapoosa 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 Tallapoosa's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30176 zip code has the highest median property tax rate of 1.12%, while the same zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Tallapoosa 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 Tallapoosa 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 Tallapoosa, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30176 | 1.12% | 1.12% | 1.12% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Tallapoosa, Georgia
In Tallapoosa, 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 Tallapoosa, 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 Tallapoosa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Tallapoosa is $95,362, with the 25th percentile tax bill at $627 and the 75th percentile tax bill at $1,956. The highest and lowest median tax bills are both $1,171 in the 30176 zip code.
Average Tallapoosa Assessed Value
$95,362
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 Tallapoosa, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30176 | $26,709 | $51,916 | $95,362 | $159,625 | $255,011 |
Source: Ownwell
Property Tax Bills Across Tallapoosa, Georgia
Property tax bills in Tallapoosa, Haralson County, GA, are calculated based on the assessed value of a property, which is determined by the county's tax assessor. The assessed value is typically a percentage of the market value of the property. For instance, if the median home price in Tallapoosa is $95,362, the assessed value would be a fraction of this amount, depending on the local assessment rate. Several factors influence the final tax bill, including the property's location, size, and any applicable exemptions. In Tallapoosa, the 25th percentile of tax bills is around $627, while the 75th percentile reaches $1,956, and the 90th percentile can go up to $3,023. These figures indicate a range of tax bills homeowners might expect, influenced by the varying assessed values and local tax rates. Comparatively, the national median property tax rate is 0.99%, making Tallapoosa's property tax landscape relatively moderate. Homeowners in this area must budget for these taxes, which can influence their overall cost of living and financial planning.
Average Tallapoosa Tax Bill
$1,171
Average Haralson County Tax Bill
$1,337
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Tallapoosa, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30176 | $317 | $627 | $1,171 | $1,956 | $3,023 |
Source: Ownwell