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If you own a home, you’ll likely owe property taxes. How much you have to spend to cover the cost can vary dramatically from one area to the next, so much so that they may take you off guard. Similarly, some cities can be surprisingly inexpensive in comparison to others in the state, effectively making them bargains. If you are wondering where the lowest property taxes in Georgia are, here’s what you need to know.
Cities with the Lowest Property Taxes in Georgia
In Georgia, the average effective real estate tax rate is 0.92 percent., which is moderate in comparison to the rest of the country. However, the property tax rates in Georgia do vary by county, causing some areas to be dramatically more affordable than others.
How Your Property Taxes Compare and Other Surprising Facts
How Your Property Taxes Compare and Other Surprising Facts
No matter where you call home, chances are you re paying property taxes to the city, the county, the school district, the state, or even all of these. Property taxes may be pervasive (and some would say invasive) but they re not all are alike.
The property tax you pay can be a completely different amount than the tax your neighbor pays, thanks to property tax exemptions discounts given to a particular group, like seniors, people with disabilities, or veterans.
The total property tax tab some homeowners pay would make you gasp, either because you can t believe how much they pay or how little. Take New Jersey. Homeowners there pay three and a half times more than the nation s $2,075 median property tax, and 13 times more than the typical Alabama homeowner.