Buchanan, Polk County, Georgia Property Taxes

Name: Property Tax Bills Across Buchanan, Polk County, Georgia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Buchanan, GA effective property tax rate: 0.96%, significantly lower than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Buchanan, GA home value: $99,326
Median annual Buchanan, GA tax bill: $955, $1,445 lower than the national median property tax bill of $2,400.

How are property taxes in Polk County calculated?

Property taxes in Buchanan, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Buchanan’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buchanan, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Buchanan, Polk County, Georgia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.96%

Estimate Property Tax Bill

$954

$885

Ownwell’s Buchanan Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Buchanan with just two data points. By entering your property's estimated assessed value, our calculator applies Buchanan’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Haralson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Buchanan, Polk County, Georgia

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Buchanan’s effective property tax rate to other cities in Georgia and the median property tax rates in Georgia and the U.S. Buchanan in Haralson County, Georgia has a median property tax rate of 0.96%, which aligns closely with the highest and lowest rates in the county. This rate is slightly lower than the national median property tax rate of 1.02%. Despite the variance in property tax rates across the country, Buchanan's rate offers a relatively competitive option for property owners. Understanding these rates is crucial for homeowners looking to manage their expenses effectively.

Property Tax Rates Across Buchanan, Polk County, Georgia

Source: Ownwell

0.96%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Buchanan Tax Rate

0.96%

Median Effective Polk County Tax Rate

0.96%

Median Effective Georgia Tax Rate

1.08%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Buchanan, Polk County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
30113	0.96%	0.96%	0.96%	0.96%	0.96%

Source: Ownwell

Property Tax Assessment Values Across Buchanan, Polk County, Georgia

When examining property taxes in Buchanan, GA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Polk County Tax Assessor estimates the market value for tax purposes.

The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices:

In Polk County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April.

Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Buchanan.

For example, the median home price in Buchanan is $99,326, with tax bills ranging significantly across the county. 30113 has the highest median home price at $99,326.

Property Tax Assessment Values Across Buchanan, Polk County, Georgia

Source: Ownwell

$80,515

$127,673

$174,830

Median Buchanan Market Value

$99,326

Median Polk County Market Value

$96,778

Median Georgia Market Value

$231,400

Median United States Market Value

$235,294

Property Tax Assessment Values Across Buchanan, Polk County, Georgia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
30113	$25,634	$48,813	$99,326	$147,412	$221,605

Source: Ownwell

Property Tax Bills Across Buchanan, Polk County, Georgia

In Buchanan, located in Polk County, GA, property tax bills are determined by assessing the property's value and applying the local tax rate. Homeowners in Buchanan face a median property tax bill of $955, which is below the national median of $2,400. The tax bill varies, with the 25th percentile at $469 and the 75th percentile at $1,410, reflecting differences in property values and assessments. A property's assessed value is a key factor, influenced by market conditions and local assessments. These taxes fund essential services like schools and infrastructure, impacting homeowners' finances. High tax bills can strain budgets, making it crucial to ensure accurate assessments.

Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property’s assessment, Ownwell identifies potential errors or overvaluations, helping to reduce your tax burden. Their expertise in navigating tax laws and regulations can lead to significant savings, ensuring you only pay your fair share. Let Ownwell assist you in lowering your property tax bills and enhancing your financial well-being.

Property Tax Bills Across Buchanan, Polk County, Georgia

Source: Ownwell

$745

$1,202

$1,659

Median Buchanan Tax Bill

$955

Median Polk County Tax Bill

$1,041

Median Georgia Tax Bill

$2,212

Median United States Tax Bill

$2,400

Property Tax Bills Across Buchanan, Polk County, Georgia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
30113	$247	$469	$955	$1,410	$2,119

Source: Ownwell