Trion, Georgia Property Taxes
The median property tax rate in Trion, GA is 0.73%, considerably lower than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Trion, the typical annual property tax bill reaches $968, significantly below the national median of $2,690. Property taxes in Trion 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 Trion'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 Trion 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
Trion, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$1,016
$943
Ownwell’s Trion Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Trion with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Trion 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 Trion, Georgia
Property taxes in Trion, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Trion 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 Trion set these rates annually, and they can vary significantly across different neighborhoods. Each year, Trion 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 Trion's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30753 zip code has both the highest and lowest median property tax rate of 0.73%. Understanding how these cities compare with Trion 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 Trion 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 Trion, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30753 | 0.56% | 0.67% | 0.73% | 0.77% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Trion, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Trion, Georgia. 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 Trion, 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 Trion helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 30753, with a median tax bill of $968.00, which is also the lowest median tax bill in the area.
Average Trion Assessed Value
$139,150
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 Trion, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30753 | $13,642 | $38,226 | $139,150 | $251,192 | $378,161 |
Source: Ownwell
Property Tax Bills Across Trion, Georgia
In Trion, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Trion is $139,150. Homeowners in Trion can expect their property tax bills to vary, with the 25th percentile paying around $276 and the 75th percentile facing bills up to $1,821. For those at the 90th percentile, tax bills can reach as high as $2,754. The tax rate in Trion is influenced by various factors, including local government budgets, school funding requirements, and public services. These elements collectively determine the millage rate, which is then applied to the assessed value of the property. The highest median tax bill in Trion is $968, which is relatively moderate compared to the national median property tax rate of 0.99%. This structured approach ensures that property taxes in Trion are fairly distributed, impacting homeowners based on their property’s assessed value and the specific needs of the community.
Average Trion Tax Bill
$968
Average Walker County Tax Bill
$1,310
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Trion, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30753 | $84 | $276 | $968 | $1,821 | $2,754 |
Source: Ownwell