Rising Fawn, Georgia Property Taxes
The median property tax rate in Rising Fawn, GA is 0.73%, which is lower than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $186,488 in Rising Fawn, the typical annual property tax bill is $1,318, significantly below the national median of $2,690. Property taxes in Rising Fawn are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Rising Fawn'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 Rising Fawn or another part of Walker County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rising Fawn, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,361
$1,322
Ownwell’s Rising Fawn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rising Fawn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rising Fawn 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 Rising Fawn, Georgia
Property taxes in Rising Fawn, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rising Fawn is 0.73%, which is lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Rising Fawn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rising Fawn 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 Rising Fawn's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30738 has both the highest and lowest median property tax rate in the area at 0.73%. Understanding how these cities compare with Rising Fawn provides valuable insights into the varying tax landscape across Walker County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rising Fawn Tax Rate
0.73%
Average Walker County Tax Rate
0.80%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rising Fawn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30738 | 0.53% | 0.62% | 0.73% | 0.78% | 0.86% |
Source: Ownwell
Property Tax Assessment Values Across Rising Fawn, Georgia
In Rising Fawn, 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 Walker 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 Rising Fawn, 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. Zip code 30738 in Rising Fawn has both the highest and lowest median tax bill at $1,318. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rising Fawn Assessed Value
$186,488
Average Walker County Assessed Value
$163,993
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rising Fawn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30738 | $20,963 | $86,602 | $186,488 | $314,960 | $565,587 |
Source: Ownwell
Property Tax Bills Across Rising Fawn, Georgia
In Rising Fawn, Walker County, GA, property tax bills are determined by a combination of the assessed value of your home and the local tax rate. The assessed value is a percentage of the market value of your property, which is then multiplied by the local tax rate to calculate your annual tax bill. For instance, with a median home price of $186,488, homeowners can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $532, while those in the 75th percentile can see bills up to $2,256. At the higher end, the 90th percentile tax bill reaches $3,427. This variation is influenced by factors such as property size, location, and any applicable exemptions or deductions. Compared to the national median property tax rate of 0.99%, Rising Fawn's tax bills can be more manageable or more burdensome depending on the specific circumstances of the property. Understanding these factors helps homeowners anticipate and plan for their annual property tax obligations.
Average Rising Fawn Tax Bill
$1,318
Average Walker County Tax Bill
$1,310
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Rising Fawn, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30738 | $140 | $532 | $1,318 | $2,256 | $3,427 |
Source: Ownwell