10 Places With the Best Property Tax Value | Credit.com
Extra points if you know where Bastrop and Taylor are located!
Property taxes are an additional expense homeowners must factor into their budgets. But the idea is in return they get certain services – like public safety and public schools. A recent study released by financial technology company SmartAsset states the nearly 100,000 people living in the Georgia’s Floyd County are getting the best deal on property taxes in the nation. Floyd County is near Atlanta – the county seat of Rome is just over an hour north of Georgia’s capital.
In order to figure out who is getting the most property tax value, or biggest bang for their buck, the first thing to know was how much people in each county are paying. To determine an effective property tax, the amount of money collected by the county in taxes was divided by the number of households in the county. This information was provided by the Census Bureau. Then, using FBI crime rates and school rankings relative to the state, the study ranks all counties with more than 50,000 people.