Rocky Ford, Georgia Property Taxes
The median property tax rate in Rocky Ford, Georgia is 0.99%, aligning with the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $74,920 in Rocky Ford, the typical annual property tax bill is approximately $464, significantly below the national median of $2,690. Property taxes in Rocky Ford are determined based on the tax assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. By understanding Rocky Ford's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether residing in the heart of Rocky Ford or its surrounding areas, gaining insights into the local property tax system is beneficial.
Last Updated June 14, 2024
Rocky Ford, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$742
$688
Ownwell’s Rocky Ford Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Rocky Ford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rocky Ford to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities. For those interested in more granular data, you can explore localized trends by scrolling down. Your property’s assessed value, determined by the county, is used for property tax calculations and accounts for any applicable exemptions.
Property Tax Rates Across Rocky Ford, Georgia
Property taxes in Rocky Ford, Georgia, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Rocky Ford is 0.99%, aligning with both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Rocky Ford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rocky Ford 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 Rocky Ford's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30455 has both the highest and lowest median property tax rate of 0.99%. Understanding how these cities compare with Rocky Ford 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 Rocky Ford Tax Rate
0.99%
Average Jenkins County Tax Rate
1.02%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rocky Ford, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30455 | 0.48% | 0.73% | 0.99% | 1.13% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Rocky Ford, Georgia
In Rocky Ford, 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. 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 Rocky Ford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 30455, with a median tax bill of $464.
Average Rocky Ford Assessed Value
$74,920
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 Rocky Ford, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30455 | $17,480 | $26,325 | $74,920 | $79,820 | $125,200 |
Source: Ownwell
Property Tax Bills Across Rocky Ford, Georgia
In Rocky Ford, GA, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. For homeowners in Rocky Ford, the median home price stands at $74,920. Property taxes are then calculated by applying the local property tax rate to this assessed value. The tax bill can vary significantly; for instance, homeowners in the 25th percentile pay around $242 annually, while those in the 75th percentile see bills closer to $770. At the higher end, the 90th percentile tax bill reaches approximately $1,081. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Comparing these figures to the national median property tax rate of 0.99%, Rocky Ford's property taxes are relatively modest. This variability in tax bills can impact homeowners' financial planning, making it essential for them to understand how their property is assessed and taxed.
Average Rocky Ford Tax Bill
$464
Average Jenkins County Tax Bill
$562
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Rocky Ford, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30455 | $84 | $242 | $464 | $770 | $1,081 |
Source: Ownwell