Comer, Georgia Property Taxes
The median property tax rate in Comer, GA is 1.21%, considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Comer, the typical annual property tax bill reaches $912, which is below the national median of $2,690. Property taxes in Comer 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 Comer'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 Comer 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
Comer, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.21%
Estimate Property Tax Bill
$973
$945
Ownwell’s Comer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Comer with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Comer 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 Comer, Georgia
Property taxes in Comer, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Comer is 1.21%, notably higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Comer set these rates annually, which can vary significantly across different neighborhoods. Each year, Comer 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 Comer's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30629 zip code has both the highest and lowest median property tax rate of 1.21%. Understanding how these cities compare with Comer provides valuable insights into the varying tax landscape across Oglethorpe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Comer Tax Rate
1.21%
Average Oglethorpe County Tax Rate
1.21%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Comer, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30629 | 0.98% | 1.21% | 1.21% | 1.21% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Comer, Georgia
In Comer, 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 Oglethorpe 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 Comer, 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 Comer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the median home price in Comer is $80,425, with tax bills ranging from $534 at the 25th percentile to $2,101 at the 75th percentile, and $3,343 at the 90th percentile. The zip code 30629 has both the highest and lowest median tax bill at $912.
Average Comer Assessed Value
$80,425
Average Oglethorpe County Assessed Value
$151,500
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Comer, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30629 | $31,741 | $45,317 | $80,425 | $187,480 | $307,110 |
Source: Ownwell
Property Tax Bills Across Comer, Georgia
In Comer, located in Oglethorpe County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, if a home has a market value of $80,425, the assessed value is determined by the county's assessment ratio. Factors influencing the tax bill include the market value of the property, the local assessment ratio, and the tax rate set by local authorities. Homeowners in Comer experience a range of property tax bills. For instance, the 25th percentile tax bill is $534, while the 75th percentile reaches $2,101, and the 90th percentile climbs to $3,343. This variability affects homeowners differently, with those owning higher-valued properties paying significantly more. Compared to the national median property tax rate of 0.99%, Comer’s property taxes can be considered relatively moderate, providing a balanced environment for homeowners.
Average Comer Tax Bill
$912
Average Oglethorpe County Tax Bill
$1,776
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Comer, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30629 | $348 | $534 | $912 | $2,101 | $3,343 |
Source: Ownwell