Clermont, Georgia Property Taxes
The median property tax rate in Clermont, GA is 1.09%, slightly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Clermont being $274,850, the typical annual property tax bill reaches $2,999, surpassing the national median of $2,690. Property taxes in Clermont are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residence and agricultural use. Understanding Clermont'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 Clermont or another part of Hall County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clermont, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.09%
Estimate Property Tax Bill
$2,996
$2,910
Ownwell’s Clermont Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clermont with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clermont 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 Clermont, Georgia
Property taxes in Clermont, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clermont is 1.09%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Clermont set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clermont 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. For comparison, the zip code 30527 has the highest median property tax rate of 1.09%, while the lowest median tax rate is also 1.09% in the same zip code. Understanding how these cities compare with Clermont provides valuable insights into the varying tax landscape across Hall County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clermont Tax Rate
1.09%
Average Hall County Tax Rate
1.09%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clermont, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30527 | 1.09% | 1.09% | 1.09% | 1.09% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Clermont, Georgia
In Clermont, 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 Hall 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. 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. In Clermont, the median home price is $274,850, with tax bills ranging significantly. The 25th percentile tax bill is $1,902, while the 75th percentile reaches $4,085. The highest median tax bill is $2,999 in the 30527 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clermont Assessed Value
$274,850
Average Hall County Assessed Value
$259,200
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clermont, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30527 | $83,250 | $175,400 | $274,850 | $376,810 | $513,370 |
Source: Ownwell
Property Tax Bills Across Clermont, Georgia
In Clermont, Hall County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For example, with a median home price of $274,850, homeowners can expect varying tax bills. The 25th percentile tax bill is around $1,902, while the 75th percentile reaches $4,085, and the 90th percentile can be as high as $5,512. These figures highlight the range of tax burdens depending on property values and specific assessments. Compared to the national median property tax rate of 0.99%, Clermont's tax rates can be considered moderate. Homeowners need to be aware of these factors, as property taxes significantly influence the overall cost of owning a home, affecting monthly mortgage payments and long-term financial planning.
Average Clermont Tax Bill
$2,999
Average Hall County Tax Bill
$2,651
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Clermont, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30527 | $852 | $1,902 | $2,999 | $4,085 | $5,512 |
Source: Ownwell