Suches, Union County, Georgia Property Taxes
The median property tax rate in Suches, GA is 0.43%, significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $281,200 in Suches, the typical annual property tax bill is $1,222, well below the national median of $2,690. Property taxes in Suches are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Suches' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Suches or another part of Union County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Suches, Union County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.43%
Estimate Property Tax Bill
$1,209
$1,122
Ownwell’s Suches Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Suches with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Suches 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 Suches, Union County, Georgia
Property taxes in Suches, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Suches is 0.43%, which is lower than the Georgia state median and significantly below the U.S. national median of 0.99%. Local government entities within Suches set these rates annually, and they can vary across different neighborhoods. Each year, Suches 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 Suches' effective property tax rate to other counties in Georgia and the national median. For comparison, the 30572 zip code has both the highest and lowest median property tax rate of 0.43%, illustrating the uniformity in tax rates within the area. Understanding how Suches compares with other regions provides valuable insights into the varying tax landscape across Union County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Suches Tax Rate
0.43%
Average Union County Tax Rate
0.43%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Suches, Union County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30572 | 0.35% | 0.40% | 0.43% | 0.45% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Suches, Union County, Georgia
In Suches, 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 Union 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 Suches, 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 Suches helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Suches is $281,200, with tax bills ranging from $688 at the 25th percentile to $2,645 at the 90th percentile. The highest and lowest median tax bills are both $1,222 in the 30572 zip code.
Property Tax Assessment Values Across Suches, Union County, Georgia
Source: Ownwell
$281,200
$324,923
$368,645
Average Suches Assessed Value
$281,200
Average Union County Assessed Value
$346,000
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Suches, Union County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30572 | $103,030 | $157,300 | $281,200 | $417,650 | $634,864 |
Source: Ownwell
Property Tax Bills Across Suches, Union County, Georgia
In Suches, Union County, GA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value, which is calculated by the county assessor. This assessed value is then subjected to the local millage rate set by various taxing authorities, such as the county, school district, and city. Homeowners in Suches can expect their tax bills to vary significantly based on their property's assessed value. For instance, the median home price in Suches is $281,200. The tax bill at the 25th percentile is $688, while at the 75th percentile, it's $1764, and at the 90th percentile, it reaches $2645. These figures highlight how property taxes can range widely, impacting homeowners' financial planning and budgeting. Compared to the national median property tax rate of 0.99%, Suches residents may find their tax obligations relatively moderate, depending on their property's assessed value and the specific local tax rates applied.
Average Suches Tax Bill
$1,222
Average Union County Tax Bill
$1,494
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Suches, Union County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30572 | $436 | $688 | $1,222 | $1,764 | $2,645 |
Source: Ownwell