Hogansville, Georgia Property Taxes
The median property tax rate in Hogansville, GA is 1.38%, significantly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Hogansville at $131,600, the typical annual property tax bill reaches $1,817, which is lower than the national median of $2,690. Property taxes in Hogansville are calculated based on the tax assessed value, often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hogansville'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 Hogansville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hogansville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.38%
Estimate Property Tax Bill
$1,816
$1,764
Ownwell’s Hogansville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hogansville with just two data points. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Hogansville to provide an accurate estimate of your property tax bill. This invaluable tool offers a clear understanding of potential tax liabilities. For those interested in more granular insights, you can explore neighborhood-level trends by scrolling down. Your property’s assessed value, determined by Meriwether County, is key for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Hogansville, Georgia
Property taxes in Hogansville, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hogansville is 1.38%, which is significantly higher than the Georgia state median and the U.S. national median of 0.99%. Local government entities within Hogansville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hogansville 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 Hogansville's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30230 has the highest median property tax rate of 1.38%, while the same zip code also has the lowest median tax rate of 1.38%. Understanding how these cities compare with Hogansville provides valuable insights into the varying tax landscape across Meriwether County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hogansville Tax Rate
1.38%
Average Meriwether County Tax Rate
1.38%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hogansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30230 | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Hogansville, Georgia
In Hogansville, 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 Meriwether 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 Hogansville, 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 Hogansville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Hogansville is $131,600, with tax bills ranging from $1,154 at the 25th percentile to $5,658 at the 90th percentile. The zip code 30230 has both the highest and lowest median tax bill at $1,817.
Average Hogansville Assessed Value
$131,600
Average Meriwether County Assessed Value
$91,140
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hogansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30230 | $50,660 | $84,160 | $131,600 | $222,565 | $409,720 |
Source: Ownwell
Property Tax Bills Across Hogansville, Georgia
In Hogansville, located in Meriwether County, GA, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property type, location, and any applicable exemptions can influence the assessed value. Homeowners in Hogansville can expect a range of property tax bills, with the 25th percentile at approximately $1,154 and the 75th percentile reaching around $3,048. The 90th percentile tax bill can be as high as $5,658. Comparatively, the median home price in Hogansville is $131,600. This means that while some homeowners may have relatively manageable tax bills, others could face significantly higher costs. Understanding these factors can help homeowners better anticipate their financial obligations and plan accordingly.
Average Hogansville Tax Bill
$1,817
Average Meriwether County Tax Bill
$1,393
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Hogansville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30230 | $694 | $1,154 | $1,817 | $3,048 | $5,658 |
Source: Ownwell