Cumming, Georgia Property Taxes
The median property tax rate in Cumming, GA is 1.06%, slightly higher than the national median of 0.99% but just below the Georgia state median of 1.08%. With the median home value in Cumming at $380,000, the typical annual property tax bill reaches $3,265, significantly exceeding the national median of $2,690. Property taxes in Cumming 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 Cumming'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 Cumming 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
Cumming, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$4,028
$3,912
$1,148
Average Cumming, Georgia Tax Savings
Ownwell’s Cumming Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cumming with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cumming to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Cumming. 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 Cumming, Georgia
Property taxes in Cumming, Georgia, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Cumming is 1.06%, which is higher than the U.S. national median of 0.99%. Local government entities within Cumming set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cumming 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 Cumming's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30040 zip code has the highest median property tax rate of 1.06%, while the 30028 zip code has the lowest median tax rate of 1.06%. Understanding how these cities compare with Cumming provides valuable insights into the varying tax landscape across Cherokee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cumming Tax Rate
1.06%
Average Cherokee County Tax Rate
1.07%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cumming, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30028 | 0.29% | 0.47% | 1.06% | 1.14% | 1.14% |
| 30040 | 0.28% | 0.35% | 1.06% | 1.14% | 1.14% |
Source: Ownwell
$1,148
Average Cumming Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Cumming, Georgia
In Cumming, Georgia, understanding the distinction between "market value" and "assessed value" is essential for grasping property taxes. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Cherokee 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. This assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Cumming, 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. For instance, the highest median tax bill in Cumming is $3,323 in the 30040 zip code, while the lowest is $3,210 in the 30028 zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Average Cumming Assessed Value
$380,000
Average Cherokee County Assessed Value
$343,100
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cumming, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30028 | $79,640 | $203,100 | $379,600 | $651,650 | $778,320 |
| 30040 | $116,310 | $234,450 | $398,500 | $679,678 | $1,013,650 |
Source: Ownwell
$1,148
Average Cumming Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Cumming, Georgia
In Cumming, Cherokee County, GA, property tax bills are calculated based on the assessed value of your home, which is typically a percentage of its market value. For instance, the median home price in Cumming is $380,000. Tax rates can vary, but the national median property tax rate is 0.99%. Factors such as local tax rates and any applicable exemptions also play a crucial role in determining your final tax bill. Homeowners in Cumming can see a wide range in their tax bills, from the 25th percentile at $1,138 to the 90th percentile at $8,120. Ownwell can help homeowners in Cumming save on their property tax bills by providing expert property tax appeal and exemption services. With a deep understanding of local tax codes and regulations, Ownwell can identify potential savings and guide homeowners through the appeal process. By ensuring that your property is assessed fairly and accurately, Ownwell helps you minimize your tax burden and keep more money in your pocket.
Average Cumming Tax Bill
$3,265
Average Cherokee County Tax Bill
$3,215
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Cumming, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30028 | $571 | $1,167 | $3,210 | $5,723 | $8,007 |
| 30040 | $664 | $1,121 | $3,323 | $5,511 | $8,677 |
Source: Ownwell
$1,148
Average Cumming Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 27 |
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Cherokee Assessor's Office | |
| Website | property.spatialest.com |
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