Hahira, Georgia Property Taxes
The median property tax rate in Hahira, GA is 1.11%, slightly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Hahira at $186,087, the typical annual property tax bill reaches $2,050, which is below the national median of $2,690. Property taxes in Hahira 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 Hahira's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Hahira or another part of Lowndes County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hahira, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$2,066
$1,917
Ownwell’s Hahira Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hahira with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hahira 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 Hahira, Georgia
Property taxes in Hahira, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hahira is 1.11%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Hahira set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hahira 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 Hahira's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31632 zip code has the highest median property tax rate of 1.11%, while the same 31632 zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Hahira provides valuable insights into the varying tax landscape across Lowndes County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hahira Tax Rate
1.11%
Average Lowndes County Tax Rate
1.19%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hahira, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31632 | 0.48% | 0.90% | 1.11% | 1.22% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Hahira, Georgia
In Hahira, 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 Lowndes 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 Hahira, 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 Hahira helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills both stand at $2,050 in the 31632 zip code.
Average Hahira Assessed Value
$186,087
Average Lowndes County Assessed Value
$120,229
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hahira, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31632 | $65,345 | $109,437 | $186,087 | $261,560 | $344,758 |
Source: Ownwell
Property Tax Bills Across Hahira, Georgia
In Hahira, located in Lowndes County, GA, property tax bills are calculated based on the assessed value of your property. This assessed value is determined by the county tax assessor and is typically a percentage of the property's market value. For homeowners in Hahira, the median home price is approximately $186,087. The property tax rate in this area can significantly impact the annual tax bill. For example, homeowners at the 25th percentile of tax bills pay around $1,067 annually, while those at the 75th percentile face a tax bill of approximately $2,834. At the 90th percentile, the tax bill can reach up to $3,650. These variations depend on factors such as property size, location, and any applicable exemptions. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners in Hahira to understand how local rates and assessments affect their financial obligations. Accurate assessments and understanding local tax rates can help homeowners budget effectively and plan for their annual tax responsibilities.
Average Hahira Tax Bill
$2,050
Average Lowndes County Tax Bill
$1,427
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Hahira, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31632 | $405 | $1,067 | $2,050 | $2,834 | $3,650 |
Source: Ownwell