Adrian, Georgia Property Taxes
The median property tax rate in Adrian, GA is 0.90%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Adrian at $82,475, the typical annual property tax bill amounts to $740, significantly below the national median of $2,690. Property taxes in Adrian are calculated based on the tax assessed value, often reduced by exemptions such as those for primary residences and agricultural properties. Understanding Adrian'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 Adrian or another part of Laurens County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adrian, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$742
$721
Ownwell’s Adrian Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adrian with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adrian 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 Adrian, Georgia
Property taxes in Adrian, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adrian is 0.90%, slightly below the U.S. national median of 0.99%. Local government entities within Adrian set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adrian 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 Adrian's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31002 zip code has a median property tax rate of 0.90%, which is the same as Adrian's rate. Understanding how these cities compare with Adrian provides valuable insights into the varying tax landscape across Laurens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adrian Tax Rate
0.90%
Average Laurens County Tax Rate
0.90%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adrian, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31002 | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Adrian, Georgia
In Adrian, 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 Laurens 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 Adrian, 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 Adrian helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills, both at $740.00, are found in zip code 31002.
Average Adrian Assessed Value
$82,475
Average Laurens County Assessed Value
$75,596
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adrian, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31002 | $21,072 | $41,962 | $82,475 | $168,602 | $254,126 |
Source: Ownwell
Property Tax Bills Across Adrian, Georgia
In Adrian, Laurens County, GA, property tax bills are calculated based on the assessed value of your home, which is typically a percentage of its market value. The local tax rate, or millage rate, is then applied to this assessed value to determine your tax bill. For example, with a median home price of $82,475, the tax bill can vary significantly. Homeowners in the 25th percentile might pay around $385, while those in the 75th percentile could see bills as high as $1,487. At the 90th percentile, tax bills can reach up to $2,269. These property taxes fund essential local services such as schools, public safety, and infrastructure maintenance. Therefore, understanding how your tax bill is calculated is crucial for financial planning. Compared to the national median property tax rate of 0.99%, Laurens County's tax rates can be relatively affordable, but they still represent a significant expense for homeowners. By knowing the factors that influence your property tax bill, you can better anticipate and manage your annual financial obligations.
Average Adrian Tax Bill
$740
Average Laurens County Tax Bill
$799
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Adrian, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31002 | $191 | $385 | $740 | $1,487 | $2,269 |
Source: Ownwell