Concord, Georgia Property Taxes
The median property tax rate in Concord, GA is 1.20%, which is considerably higher than both the national median of 0.99% and Georgia's state median of 1.08%. With a median home value of $183,191 in Concord, the typical annual property tax bill reaches $2,226, still below the national median of $2,690. Property taxes in Concord are calculated based on the assessed value, which typically falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Concord'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 Concord 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
Concord, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,198
$2,040
Ownwell’s Concord Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Concord with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Concord 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 Concord, Georgia
Property taxes in Concord, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Concord is 1.20%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Concord set these rates annually, and they can vary significantly across different neighborhoods. Each year, Concord 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 Concord's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30206 zip code has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Concord provides valuable insights into the varying tax landscape across Pike County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Concord Tax Rate
1.20%
Average Pike County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Concord, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30206 | 1.20% | 1.20% | 1.20% | 1.20% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Concord, Georgia
In Concord, 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 Pike 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 Concord, 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 Concord 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 30206, with a median bill of $2,226, which is also the lowest in the region.
Average Concord Assessed Value
$183,191
Average Pike County Assessed Value
$183,516
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Concord, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30206 | $57,668 | $109,789 | $183,191 | $262,325 | $364,934 |
Source: Ownwell
Property Tax Bills Across Concord, Georgia
In Concord, Pike County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in this area stands at $183,191. Local tax rates are then applied to this assessed value to determine the annual tax bill. For instance, the median property tax rate in the U.S. is 0.99%, but specific rates in Concord may vary. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. Homeowners in Concord can expect their property tax bills to range significantly. For example, the 25th percentile tax bill is approximately $1,357, while the 75th percentile reaches up to $3,108. At the higher end, the 90th percentile tax bill can be as much as $4,368. These taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the quality of life for homeowners in Concord.
Average Concord Tax Bill
$2,226
Average Pike County Tax Bill
$2,220
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Concord, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30206 | $696 | $1,357 | $2,226 | $3,108 | $4,368 |
Source: Ownwell