Summerville, Georgia Property Taxes
The median property tax rate in Summerville, GA is 0.73%, significantly lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Summerville at $216,570, the typical annual property tax bill amounts to $1,608, which is also below the national median of $2,690. Property taxes in Summerville 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 Summerville'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 Summerville 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
Summerville, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,581
$1,467
Ownwell’s Summerville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Summerville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Summerville 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 Summerville, Georgia
Property taxes in Summerville, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Summerville is 0.73%, lower than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Summerville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Summerville 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 Summerville's effective property tax rate to other counties in Georgia and the national median. For comparison, the zip code 30747 has both the highest and lowest median property tax rate of 0.73%. Understanding how these cities compare with Summerville 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 Summerville 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 Summerville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30747 | 0.53% | 0.64% | 0.73% | 0.78% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Summerville, Georgia
In Summerville, 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 Summerville, 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. Summerville homeowners can expect median property tax bills to vary significantly, with the highest median tax bill in zip code 30747 at $1,608. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Summerville Assessed Value
$216,570
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 Summerville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30747 | $28,407 | $81,257 | $216,570 | $369,729 | $704,425 |
Source: Ownwell
Property Tax Bills Across Summerville, Georgia
In Summerville, Walker County, GA, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Homeowners in this area face a variety of tax bills depending on their property's value. For instance, the median home price in Summerville is $216,570. The tax bill for properties in the 25th percentile is around $594, while those in the 75th percentile can expect to pay approximately $2,691. At the higher end, properties in the 90th percentile have tax bills reaching up to $4,355. The calculation of property tax bills involves multiplying the assessed value by the local tax rate, which can vary within the county. This process ensures that higher-valued properties contribute more in taxes, impacting homeowners differently based on their property’s market value. Compared to the national median property tax rate of 0.99%, Summerville's tax rates and resulting bills show a range of financial impacts on its residents.
Average Summerville Tax Bill
$1,608
Average Walker County Tax Bill
$1,310
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Summerville, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30747 | $203 | $594 | $1,608 | $2,691 | $4,355 |
Source: Ownwell