Heard County Property Taxes
The median property tax rate in Heard County is 0.83%, 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 Heard County, the typical annual property tax bill is $808, significantly less than the national median of $2,690. Property taxes in Heard County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions such as primary residence and agricultural exemptions. Understanding Heard County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Franklin or another part of Heard County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Heard County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$918
$852
Ownwell’s Heard County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Heard County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Heard County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Heard County, Georgia
Property taxes in Heard County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Heard County is 0.83%, which is lower than the Georgia state median but still close to the U.S. national median of 0.99%. Local government entities within Heard County set these rates annually, and they can vary significantly between different areas within the county. Each year, Heard County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Franklin has one of the higher property tax rates in Georgia at 0.82%, while the city of LaGrange boasts one of the lowest at 0.78%. Analyzing how Heard County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Heard County Tax Rate
0.83%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Heard County, Georgia
In Heard County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Heard County Appraisal District. The assessed value, however, 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. Assessment notices in Heard County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Heard County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Heard County, the city with the highest median tax bill is Newnan at $2,130, while Bowdon has the lowest at $734.
Average Heard County Assessed Value
$110,648
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Heard County, Georgia
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bowdon | $11,769 | $60,223 | $107,998 | $205,778 | $285,301 |
| Franklin | $4,215 | $40,088 | $113,991 | $206,603 | $322,138 |
| Hogansville | N/A | N/A | N/A | N/A | N/A |
| Lagrange | $115,013 | $171,883 | $194,570 | $273,182 | $464,795 |
| Newnan | $6,030 | $67,964 | $263,482 | $305,637 | $434,793 |
| Roopville | $4,482 | $44,114 | $149,240 | $271,010 | $444,520 |
Source: Ownwell
Property Tax Bills Across Heard County, Georgia
Property tax bills in Heard County, GA are calculated based on the assessed value of a property, which is typically a percentage of its market value. The county's property tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. For instance, the median home price in Heard County is $110,648, and tax bills can vary significantly. Homeowners in the 25th percentile pay around $351, while those in the 75th percentile pay about $1,559, and in the 90th percentile, the tax bill can reach up to $2,432. Comparatively, the highest median tax bill in the region is $2,130 in Newnan, while the lowest is $734 in Bowdon. Understanding these factors helps homeowners anticipate their property tax obligations and budget accordingly.
Average Heard County Tax Bill
$808
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690