Rockledge, Georgia Property Taxes
The median property tax rate in Rockledge, GA is 0.90%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $73,352 in Rockledge, the typical annual property tax bill amounts to $664, significantly below the national median of $2,690. Property taxes in Rockledge 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 Rockledge'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 Rockledge 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
Rockledge, 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 Rockledge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rockledge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rockledge 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 Rockledge, Georgia
Property taxes in Rockledge, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Rockledge is 0.90%, slightly lower than the U.S. national median of 0.99%. Local government entities within Rockledge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rockledge 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 Rockledge's effective property tax rate to other areas and the national median. For comparison, the highest median property tax rate in Laurens County is also 0.90%, found in the zip code 30454, while the lowest median tax rate is the same at 0.90%. Understanding how these areas compare with Rockledge 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 Rockledge 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 Rockledge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30454 | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Rockledge, Georgia
In Rockledge, 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 Rockledge, 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 Rockledge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For example, the zip code with the highest median tax bill is 30454, amounting to $664, while the lowest is also in 30454 at $664.
Average Rockledge Assessed Value
$73,352
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 Rockledge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30454 | $14,133 | $30,264 | $73,352 | $141,961 | $234,499 |
Source: Ownwell
Property Tax Bills Across Rockledge, Georgia
In Rockledge, property tax bills are calculated based on the assessed value of a home, which in Laurens County is typically a percentage of the market value. For instance, with a median home price of $73,352, the tax bill can range significantly. Homeowners at the 25th percentile might see a tax bill around $280, while those at the 75th percentile could pay approximately $1,280. At the 90th percentile, the tax bill can rise to $2,106. Various factors influence the final tax bill, including the home's assessed value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Rockledge's rates can vary but offer a broad spectrum of tax burdens. This variability affects homeowners differently, with some paying relatively modest amounts while others face higher bills. Understanding these factors can help homeowners anticipate their property tax obligations and plan their finances accordingly.
Average Rockledge Tax Bill
$664
Average Laurens County Tax Bill
$799
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Rockledge, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30454 | $130 | $280 | $664 | $1,280 | $2,106 |
Source: Ownwell