Garfield, Georgia Property Taxes
The median property tax rate in Garfield, GA is 0.97%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value in Garfield, the typical annual property tax bill is $758, significantly lower than the national median of $2,690. Property taxes in Garfield 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 Garfield's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Garfield 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
Garfield, 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 Garfield Property Tax Bill Calculator is a powerful tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Garfield. By simply entering your property's estimated assessed value, the calculator applies the median tax rate in Garfield to provide an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities with ease. For those interested in neighborhood-level trends, additional localized information is available by scrolling down. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Garfield, Georgia
Property taxes in Garfield, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Garfield is 1.12%, higher than both the Georgia state median of 0.92% and the U.S. national median of 0.99%. Local government entities within Garfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, Garfield 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 Garfield's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30425 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 Garfield provides valuable insights into the varying tax landscape across Jenkins County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Garfield Tax Rate
0.97%
Average Jenkins County Tax Rate
1.02%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Garfield, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30425 | 0.59% | 0.79% | 0.97% | 1.04% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Garfield, Georgia
In Garfield, 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 Jenkins 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 Garfield, 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. For instance, the highest median tax bill in Jenkins County is $758 in the 30425 zip code, while the lowest median tax bill is also $758 in the same zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Garfield Assessed Value
$89,850
Average Jenkins County Assessed Value
$55,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Garfield, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30425 | $24,316 | $39,568 | $89,850 | $160,195 | $275,365 |
Source: Ownwell
Property Tax Bills Across Garfield, Georgia
In Garfield, Jenkins County, GA, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. Factors influencing the tax bill include the property's assessed value and the local tax rate. Homeowners in Garfield experience a range of tax bills, with the 25th percentile paying around $417 and the 75th percentile paying approximately $1,342 annually. For those at the 90th percentile, the tax bill can reach up to $2,430. The median home price in Garfield is $89,850, and the property tax rate is applied to this assessed value to determine the final tax bill. Compared to the national median property tax rate of 0.99%, Garfield's rates can vary significantly, impacting homeowners differently based on their property's assessed value. The highest and lowest median tax bills in the area are both $758, indicating some consistency in tax rates within the zip code 30425. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan accordingly.
Average Garfield Tax Bill
$758
Average Jenkins County Tax Bill
$562
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Garfield, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30425 | $248 | $417 | $758 | $1,342 | $2,430 |
Source: Ownwell