Aragon, Georgia Property Taxes
The median property tax rate in Aragon, GA is 0.96%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $88,961 in Aragon, the typical annual property tax bill is about $921, which is significantly lower than the national median of $2,690. Property taxes in Aragon are calculated based on the tax assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Aragon'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 Aragon 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
Aragon, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$854
$829
Ownwell’s Aragon Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Aragon. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Aragon to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed decisions. For those interested in more detailed insights, you can explore neighborhood-level trends further down the page. Remember, your property’s assessed value is determined by Polk County for tax purposes and may include applicable exemptions.
Property Tax Rates Across Aragon, Georgia
Property taxes in Aragon, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Aragon is 0.96%, slightly lower than the U.S. national median of 0.99%. Local government entities within Aragon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Aragon 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 Aragon's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30104 zip code has both the highest and lowest median property tax rate of 0.96%. Understanding how these cities compare with Aragon provides valuable insights into the varying tax landscape across Polk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Aragon Tax Rate
0.96%
Average Polk County Tax Rate
0.96%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Aragon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30104 | 0.96% | 0.96% | 0.96% | 1.30% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Aragon, Georgia
In Aragon, Georgia, understanding the difference between "market value" and "assessed value" is essential 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 Polk 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 Aragon, 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 Aragon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Aragon are both $921.00, found in the 30104 zip code.
Average Aragon Assessed Value
$88,961
Average Polk County Assessed Value
$96,778
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Aragon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30104 | $33,164 | $55,536 | $88,961 | $138,872 | $193,634 |
Source: Ownwell
Property Tax Bills Across Aragon, Georgia
In Aragon, located in Polk County, GA, property tax bills are calculated based on the assessed value of a home, which represents a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For homeowners in Aragon, the median home price is $88,961. Depending on various factors such as property size, location, and improvements, tax bills can vary significantly. For instance, the 25th percentile tax bill is around $604, while the 75th percentile tax bill rises to approximately $1,504. Those in the 90th percentile can expect to pay up to $2,069. The highest and lowest median tax bills in Aragon both stand at $921, reflecting the uniformity within this specific zip code (30104). Compared to the national median property tax rate of 0.99%, homeowners in Aragon experience a relatively moderate tax burden. Understanding these calculations helps residents anticipate their tax obligations and manage their finances more effectively.
Average Aragon Tax Bill
$921
Average Polk County Tax Bill
$1,041
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Aragon, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30104 | $350 | $604 | $921 | $1,504 | $2,069 |
Source: Ownwell