Dearing, Georgia Property Taxes
The median property tax rate in Dearing, GA is 1.01%, slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With a median home value of $115,881 in Dearing, the typical annual property tax bill amounts to $1,043, which is below the national median of $2,690. Property taxes in Dearing are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Dearing'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 Dearing 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
Dearing, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Dearing Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dearing with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dearing 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 Dearing, Georgia
Property taxes in Dearing, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dearing is 1.01%, which is higher than the U.S. national median of 0.99%. Local government entities within Dearing set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dearing 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 Dearing's effective property tax rate to other areas in Georgia and the national median. For comparison, the zip code 30808 has the highest median property tax rate of 1.01%, while the same zip code also has the lowest median tax rate of 1.01%. Understanding how these areas compare with Dearing provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dearing Tax Rate
1.01%
Average Warren County Tax Rate
1.20%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dearing, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30808 | 0.83% | 0.90% | 1.01% | 1.13% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Dearing, Georgia
In Dearing, 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 Warren 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 Dearing, 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 Dearing helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Dearing is $1043 in the 30808 zip code, which is also the lowest median tax bill in the area.
Average Dearing Assessed Value
$115,881
Average Warren County Assessed Value
$44,621
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dearing, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30808 | $69,472 | $86,876 | $115,881 | $144,886 | $162,290 |
Source: Ownwell
Property Tax Bills Across Dearing, Georgia
In Dearing, located in Warren County, GA, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the market value, reflecting the property's worth in the current real estate market. Various factors such as location, property size, and improvements can influence this assessed value. Once the assessed value is established, local tax rates, known as millage rates, are applied to calculate the annual tax bill. For instance, homeowners in Dearing with a median home price of $115,881 can expect property tax bills to range significantly. The 25th percentile tax bill is approximately $881, while the 75th percentile reaches around $1,205. At the higher end, the 90th percentile tax bill is about $1,302. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Homeowners must stay informed about their property's assessed value and any changes in local tax rates to manage their annual tax obligations effectively.
Average Dearing Tax Bill
$1,043
Average Warren County Tax Bill
$491
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Dearing, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30808 | $784 | $881 | $1,043 | $1,205 | $1,302 |
Source: Ownwell