Lavonia, Georgia Property Taxes
The median property tax rate in Lavonia, GA is 0.77%, which is notably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Lavonia at $254,320, the typical annual property tax bill is approximately $1,921, falling below the national median of $2,690. Property taxes in Lavonia are determined based on the tax assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. Gaining a clear understanding of Lavonia's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're located in the heart of Lavonia or another part of the city, familiarizing yourself with the local property tax system can benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Lavonia, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$1,958
$1,902
Ownwell’s Lavonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Lavonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Lavonia 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 Lavonia, Georgia
Property taxes in Lavonia, Georgia, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Lavonia is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Lavonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Lavonia 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 Lavonia's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30553 zip code has the highest median property tax rate of 0.77%, while the same zip code also has the lowest median tax rate of 0.77%. Understanding how these cities compare with Lavonia provides valuable insights into the varying tax landscape across Hart County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Lavonia Tax Rate
0.77%
Average Hart County Tax Rate
0.77%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Lavonia, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30553 | 0.77% | 0.77% | 0.77% | 0.77% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Lavonia, Georgia
In Lavonia, 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 Hart 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 Lavonia, 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. Lavonia has a median home price of $254,320, with the 25th percentile of property tax bills at $1,034 and the 75th percentile at $3,212. The highest and lowest median tax bills are both $1,921 in zip code 30553. Being aware of these valuation processes in Lavonia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Lavonia Assessed Value
$254,320
Average Hart County Assessed Value
$165,051
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Lavonia, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30553 | $64,282 | $136,085 | $254,320 | $420,380 | $553,552 |
Source: Ownwell
Property Tax Bills Across Lavonia, Georgia
In Lavonia, located in Hart County, GA, property tax bills are calculated based on the assessed value of the property. The assessed value is typically a percentage of the property's market value, determined by the local tax assessor. For Lavonia, the median home price stands at $254,320. Property tax rates in Lavonia can vary, but the median tax bill is $1,921, aligning with the county's highest and lowest median tax bills. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Lavonia at the 25th percentile can expect a tax bill around $1,034, while those at the 75th percentile might see a bill closer to $3,212. At the 90th percentile, the tax bill can reach up to $4,148. These property taxes directly impact homeowners by contributing to local services such as schools, public safety, and infrastructure, making it essential for homeowners to understand how their tax bills are determined.
Average Lavonia Tax Bill
$1,921
Average Hart County Tax Bill
$1,350
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Lavonia, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30553 | $474 | $1,034 | $1,921 | $3,212 | $4,148 |
Source: Ownwell