Fortson, Georgia Property Taxes
The median property tax rate in Fortson, GA is 1.11%, slightly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Fortson at $249,148, the typical annual property tax bill reaches $2,560, just below the national median of $2,690. Property taxes in Fortson are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Fortson'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 Fortson 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
Fortson, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,766
$2,686
Ownwell’s Fortson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Fortson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Fortson 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 Fortson, Georgia
Property taxes in Fortson, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Fortson is 0.83%, which is lower than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Fortson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Fortson 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 Fortson's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31808 in Fortson has the highest median property tax rate of 0.83%, while the same zip code also has the lowest median tax rate of 0.83%. Understanding how these cities compare with Fortson provides valuable insights into the varying tax landscape across Harris County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Fortson Tax Rate
1.11%
Average Harris County Tax Rate
1.11%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fortson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31808 | 0.93% | 1.00% | 1.11% | 1.11% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Fortson, Georgia
In Fortson, 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 Harris 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 Fortson, 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 Fortson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Fortson are both $2,560, occurring in the zip code 31808.
Average Fortson Assessed Value
$249,148
Average Harris County Assessed Value
$227,672
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fortson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31808 | $76,363 | $180,945 | $249,148 | $344,261 | $424,331 |
Source: Ownwell
Property Tax Bills Across Fortson, Georgia
In Fortson, Harris County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the property's market value. Homeowners in Fortson pay a median property tax rate that is comparatively lower than the national median of 0.99%. The median home price in Fortson is $249,148, and property tax bills can vary widely within the area. For instance, the 25th percentile tax bill is $1,802, while the 75th percentile tax bill is $3,458, and the 90th percentile tax bill reaches $4,356. These tax bills are influenced by several factors including the property's location, its assessed value, and applicable exemptions. Homeowners in Fortson can find their tax obligations significantly impacted by these elements. The highest and lowest median tax bills in the area both stand at $2,560, reflecting a relatively consistent tax burden across different properties. Understanding these factors helps homeowners anticipate their annual tax liabilities and manage their finances more effectively.
Average Fortson Tax Bill
$2,560
Average Harris County Tax Bill
$2,437
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Fortson, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31808 | $772 | $1,802 | $2,560 | $3,458 | $4,356 |
Source: Ownwell