Calvary, Georgia Property Taxes
The median property tax rate in Calvary, GA is 1.23%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Calvary, the typical annual property tax bill reaches $1,344, exceeding the national median of $2,690. Property taxes in Calvary are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Calvary'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 Calvary 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
Calvary, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,404
$1,363
Ownwell’s Calvary Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Calvary with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Calvary 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 Calvary, Georgia
Property taxes in Calvary, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Calvary is 1.23%, significantly higher than the U.S. national median of 0.99%. Local government entities within Calvary set these rates annually, and they can vary significantly across different neighborhoods. Each year, Calvary 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 Calvary's effective property tax rate to other counties in Georgia and the national median. For comparison, the 39829 zip code has the highest median property tax rate of 1.23%, while the 39829 zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Calvary provides valuable insights into the varying tax landscape across Grady County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Calvary Tax Rate
1.23%
Average Grady County Tax Rate
1.22%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Calvary, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39829 | 1.16% | 1.18% | 1.23% | 1.23% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Calvary, Georgia
In Calvary, 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 Grady 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 Calvary, 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 Calvary helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 39829 in Calvary has the highest median tax bill at $1,344.
Average Calvary Assessed Value
$114,120
Average Grady County Assessed Value
$90,406
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Calvary, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39829 | $45,927 | $64,409 | $114,120 | $140,234 | $166,200 |
Source: Ownwell
Property Tax Bills Across Calvary, Georgia
In Calvary, located in Grady County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For homeowners in Calvary, the median home price stands at $114,120. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as property improvements, neighborhood developments, and changes in market conditions can influence the assessed value. Homeowners in Calvary can expect a wide range of tax bills. For instance, the tax bill at the 25th percentile is $762, while at the 75th percentile, it rises to $1,696. Those in the 90th percentile may see tax bills as high as $2,010. These tax obligations can significantly impact homeowners, affecting their monthly budgets and long-term financial planning. Compared to the national median property tax rate of 0.99%, Calvary's property tax rates offer a competitive landscape, making it an attractive option for potential homeowners.
Average Calvary Tax Bill
$1,344
Average Grady County Tax Bill
$882
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Calvary, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39829 | $529 | $762 | $1,344 | $1,696 | $2,010 |
Source: Ownwell