Tate, Georgia Property Taxes
The median property tax rate in Tate, GA is 0.81%, notably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Tate at $124,174, the typical annual property tax bill amounts to $1,010, which is considerably below the national median of $2,690. Property taxes in Tate are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Tate'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 Tate or another part of Pickens County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tate, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$1,006
$933
Ownwell’s Tate Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tate with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tate 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 Tate, Georgia
Property taxes in Tate, Georgia, are essential for funding vital local services, including public schools, road maintenance, and emergency services. The median tax rate in Tate is 0.81%, which is below the U.S. national median of 0.99%. Local government entities within Tate set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tate 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 Tate's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30177 zip code has both the highest and lowest median property tax rate in the area, standing at 0.81%. Understanding how these cities compare with Tate provides valuable insights into the varying tax landscape across Pickens County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Tate Tax Rate
0.81%
Average Pickens County Tax Rate
0.81%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tate, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30177 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Tate, Georgia
In Tate, 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 Pickens 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 Tate, 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 Tate helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 30177 at $1,010, while the lowest is also 30177 at $1,010.
Average Tate Assessed Value
$124,174
Average Pickens County Assessed Value
$215,244
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Tate, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30177 | $65,078 | $87,666 | $124,174 | $200,291 | $269,845 |
Source: Ownwell
Property Tax Bills Across Tate, Georgia
In the city of Tate, located in Pickens County, GA, property tax bills are determined by assessing the value of a property and applying the local tax rate. The assessed value is a percentage of the property's market value, which is then multiplied by the local tax rate to calculate the tax bill. Several factors influence this calculation, including the property's location, size, and any applicable exemptions. Homeowners in Tate experience varying tax bills based on these assessments. For instance, the median home price in the area is $124,174. At the 25th percentile, homeowners might see a tax bill around $708, while those at the 75th percentile could pay approximately $1,629. The top 10% of taxpayers might face bills up to $2,195. Compared to the national median property tax rate of 0.99%, Tate's tax rates can be seen as relatively moderate, providing a balanced approach to funding local services without overly burdening homeowners.
Average Tate Tax Bill
$1,010
Average Pickens County Tax Bill
$1,802
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Tate, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30177 | $529 | $708 | $1,010 | $1,629 | $2,195 |
Source: Ownwell