Ellenwood, Georgia Property Taxes
The median property tax rate in Ellenwood, GA is 1.06%, slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With the median home value in Ellenwood at $287,250, the typical annual property tax bill reaches $3,168, surpassing the national median of $2,690. Property taxes in Ellenwood are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ellenwood'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 Ellenwood 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
Ellenwood, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$3,045
$2,957
$1,148
Average Ellenwood, Georgia Tax Savings
Ownwell’s Ellenwood Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellenwood with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellenwood to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Ellenwood. 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 Ellenwood, Georgia
Property taxes in Ellenwood, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellenwood is 1.06%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Ellenwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellenwood 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 Ellenwood's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30294 has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Ellenwood provides valuable insights into the varying tax landscape across Henry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ellenwood Tax Rate
1.06%
Average Henry County Tax Rate
1.15%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ellenwood, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30294 | 0.19% | 0.76% | 1.06% | 1.55% | 1.56% |
Source: Ownwell
$1,148
Average Ellenwood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Ellenwood, Georgia
In Ellenwood, 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 Henry 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 Ellenwood, 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 Ellenwood helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Ellenwood is $3,168 in the 30294 zip code, which is significantly above the national median property tax rate of 0.99%.
Average Ellenwood Assessed Value
$287,250
Average Henry County Assessed Value
$317,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ellenwood, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30294 | $205,830 | $233,025 | $287,250 | $359,275 | $449,070 |
Source: Ownwell
$1,148
Average Ellenwood Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Ellenwood, Georgia
In Ellenwood, Henry County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Factors such as the median home price, which stands at $287,250, play a significant role in this calculation. For example, homeowners in the 25th percentile pay around $1,822, while those in the 75th percentile can see bills as high as $4,302, and the 90th percentile reaches up to $5,714. Property taxes can significantly impact homeowners, making it crucial to manage and potentially lower these expenses. Ownwell offers specialized property tax appeal and exemption services, helping homeowners contest inflated assessments and secure exemptions they may qualify for. By leveraging expert knowledge and local market insights, Ownwell can assist in reducing your property tax bill, ensuring you pay only what is fair and equitable.
Average Ellenwood Tax Bill
$3,168
Average Henry County Tax Bill
$3,597
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Ellenwood, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30294 | $481 | $1,822 | $3,168 | $4,302 | $5,714 |
Source: Ownwell
$1,148
Average Ellenwood Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 17 |
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Henry Assessor's Office | |
| Website | qpublic.schneidercorp.com |
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