Kite, Georgia Property Taxes
The median property tax rate in Kite, GA is 1.08%, aligning with the state median but higher than the national median of 0.99%. Given the median home value in Kite, the typical annual property tax bill is $601, which is significantly lower than the national median of $2,690. Property taxes in Kite are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Kite's property tax system, exploring exemptions, and identifying potential reductions can result in considerable yearly savings. Whether you're situated in the heart of Kite or another part of Johnson County, a thorough understanding of the local property tax system is beneficial for both homeowners and real estate investors.
Last Updated June 14, 2024
Kite, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$558
$518
Ownwell’s Kite Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kite with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kite 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 Kite, Georgia
Property taxes in Kite, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kite is 1.08%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Kite set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kite 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 Kite's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 31049 has both the highest and lowest median property tax rate of 1.08%. Understanding how these areas compare with Kite provides valuable insights into the varying tax landscape across Johnson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kite Tax Rate
1.08%
Average Johnson County Tax Rate
1.11%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kite, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31049 | 0.55% | 0.83% | 1.08% | 1.16% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across Kite, Georgia
In Kite, 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 Johnson 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 Kite, 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 Kite helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 31049, with a value of $601.00, which happens to be the same as the lowest median tax bill in the area.
Average Kite Assessed Value
$51,694
Average Johnson County Assessed Value
$52,227
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kite, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31049 | $6,475 | $18,273 | $51,694 | $127,020 | $236,011 |
Source: Ownwell
Property Tax Bills Across Kite, Georgia
In Kite, located in Johnson County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by a percentage of the market value. The median home price in Kite is $51,694. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For example, homes in the 25th percentile of tax bills pay around $241 annually, while those in the 75th percentile pay approximately $1,221. The highest tax bills, in the 90th percentile, can reach up to $2,034. Compared to the national median property tax rate of 0.99%, Johnson County's property tax rates can vary significantly, impacting homeowners differently based on their property's assessed value. This system ensures that property taxes are proportional to the value of the property, resulting in a fair distribution of the tax burden among homeowners.
Average Kite Tax Bill
$601
Average Johnson County Tax Bill
$667
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Kite, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31049 | $83 | $241 | $601 | $1,221 | $2,034 |
Source: Ownwell