Cobbtown, Georgia Property Taxes
The median property tax rate in Cobbtown, GA is 1.03%, 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 $75,420 in Cobbtown, the typical annual property tax bill amounts to $775, which is below the national median of $2,690. Property taxes in Cobbtown are calculated based on the tax assessed value, often lower than the market value due to exemptions such as primary residence and agricultural exemptions. Understanding Cobbtown'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 Cobbtown 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
Cobbtown, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$777
$755
Ownwell’s Cobbtown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cobbtown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cobbtown 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 Cobbtown, Georgia
Property taxes in Cobbtown, Georgia, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cobbtown is 1.03%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Cobbtown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cobbtown 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 Cobbtown's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30420 zip code has the highest median property tax rate of 1.03%, while the same zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with Cobbtown provides valuable insights into the varying tax landscape across Evans County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cobbtown Tax Rate
1.03%
Average Evans County Tax Rate
1.03%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cobbtown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30420 | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Cobbtown, Georgia
In Cobbtown, 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 Evans 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 Cobbtown, 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 Cobbtown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Cobbtown is $75,420, with tax bills ranging from $724 at the 25th percentile to $1,243 at the 90th percentile. The zip code 30420 has the highest and lowest median tax bill of $775.
Average Cobbtown Assessed Value
$75,420
Average Evans County Assessed Value
$57,690
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cobbtown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30420 | $67,564 | $70,510 | $75,420 | $103,910 | $121,004 |
Source: Ownwell
Property Tax Bills Across Cobbtown, Georgia
In Cobbtown, located in Evans County, GA, property tax bills are calculated based on the assessed value of the property, which is a percentage of its market value. The median home price in Cobbtown is $75,420. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. In this region, the median property tax bill is $775, which is slightly below the national median property tax rate of 0.99%. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Cobbtown can expect their tax bills to fall within a range, with the 25th percentile at $724 and the 75th percentile at $1067. At the higher end, the 90th percentile tax bill reaches $1243. These variations can significantly impact homeowners, affecting their annual budget and long-term financial planning. Understanding these factors can help homeowners anticipate their property tax obligations and manage their finances more effectively.
Average Cobbtown Tax Bill
$775
Average Evans County Tax Bill
$665
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Cobbtown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30420 | $694 | $724 | $775 | $1,067 | $1,243 |
Source: Ownwell