Brooks, Georgia Property Taxes
The median property tax rate in Brooks, GA is 1.45%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Brooks, the typical annual property tax bill reaches $1,974, which is lower than the national median of $2,690. Property taxes in Brooks are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brooks'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 Brooks 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
Brooks, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$2,307
$2,241
Ownwell’s Brooks Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brooks with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brooks 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 Brooks, Georgia
Property taxes in Brooks, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brooks is 1.45%, significantly higher than the U.S. national median of 0.99%. Local government entities within Brooks set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brooks 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 Brooks' effective property tax rate to other counties in Georgia and the national median. For comparison, the 30205 zip code has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Brooks provides valuable insights into the varying tax landscape across Spalding County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brooks Tax Rate
1.45%
Average Spalding County Tax Rate
1.55%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brooks, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30205 | 0.57% | 1.06% | 1.45% | 1.69% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across Brooks, Georgia
In Brooks, 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 Spalding 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 Brooks, 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 Brooks helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Brooks is $1974 in zip code 30205, which is significantly above the national median property tax rate of 0.99%.
Average Brooks Assessed Value
$159,124
Average Spalding County Assessed Value
$111,332
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brooks, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30205 | $21,488 | $62,145 | $159,124 | $300,148 | $471,696 |
Source: Ownwell
Property Tax Bills Across Brooks, Georgia
In Brooks, GA, property tax bills are calculated based on the assessed value of a home. The local tax assessor determines this value, which is a percentage of the property's market value. Factors such as the size of the property, location, and improvements made can influence this assessed value. Homeowners in Brooks can expect property tax bills that vary significantly. For example, tax bills at the 25th percentile are around $790, while those at the 75th percentile can reach up to $4,051. The highest median tax bill in the area is $1,974, which is notably lower than the national median property tax rate of 0.99%. These variations can impact homeowners differently, with some paying significantly more or less depending on their property's assessed value. Understanding these factors can help homeowners anticipate their tax obligations and manage their finances more effectively.
Average Brooks Tax Bill
$1,974
Average Spalding County Tax Bill
$1,423
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Brooks, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30205 | $305 | $790 | $1,974 | $4,051 | $6,262 |
Source: Ownwell