Bogart, Georgia Property Taxes
The median property tax rate in Bogart, GA is 0.84%, which is lower than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $338,276 in Bogart, the typical annual property tax bill comes to $2,820, slightly above the national median of $2,690. Property taxes in Bogart are based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Bogart'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 Bogart 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
Bogart, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.84%
Estimate Property Tax Bill
$2,842
$2,760
Ownwell’s Bogart Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bogart with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bogart 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 Bogart, Georgia
Property taxes in Bogart, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bogart is 0.84%, which is slightly below the U.S. national median of 0.99%. Local government entities within Bogart set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bogart 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 Bogart's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 30622 has the highest median property tax rate of 0.84%, while the same zip code also has the lowest median tax rate of 0.84%. Understanding how these figures compare with Bogart provides valuable insights into the varying tax landscape across Oconee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bogart Tax Rate
0.84%
Average Oconee County Tax Rate
0.83%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bogart, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30622 | 0.63% | 0.79% | 0.84% | 0.92% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Bogart, Georgia
In Bogart, 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 Oconee 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 Bogart, 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 Bogart helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Bogart are both $2,820 in the 30622 zip code, indicating a uniformity in tax assessments within the area.
Average Bogart Assessed Value
$338,276
Average Oconee County Assessed Value
$356,314
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bogart, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30622 | $163,509 | $222,660 | $338,276 | $450,100 | $613,435 |
Source: Ownwell
Property Tax Bills Across Bogart, Georgia
In Bogart, Oconee County, GA, property tax bills are calculated based on the assessed value of your home. The assessed value is a percentage of the home's market value, determined by the county assessor. Homeowners in Bogart typically see tax bills ranging from $1,940 at the 25th percentile to $5,021 at the 90th percentile. The median home price in Bogart is $338,276, and the median property tax rate in the area is compared to the national median of 0.99%. Several factors influence the tax bill, including property location, home size, and any applicable exemptions. The highest median tax bill recorded in the area is $2,820, which is consistent across the zip code 30622. Property taxes significantly impact homeowners, affecting monthly mortgage payments and overall affordability. Understanding these factors can help homeowners budget more effectively and anticipate future tax obligations.
Average Bogart Tax Bill
$2,820
Average Oconee County Tax Bill
$2,870
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Bogart, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30622 | $1,235 | $1,940 | $2,820 | $3,700 | $5,021 |
Source: Ownwell