Culloden, Georgia Property Taxes
The median property tax rate in Culloden, 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 Culloden at $82,404, the typical annual property tax bill is $806, which is significantly lower than the national median of $2,690. Property taxes in Culloden are calculated based on the tax assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural use. Understanding Culloden'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 Culloden or another part of Upson County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Culloden, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Culloden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Culloden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Culloden 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 Culloden, Georgia
Property taxes in Culloden, Georgia, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Culloden is 1.06%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Culloden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Culloden 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 Culloden's effective property tax rate to other counties in Georgia and the national median. For comparison, the 31016 zip code has the highest median property tax rate of 1.06%, while the 31016 zip code also has the lowest median tax rate of 1.06%. Understanding how these cities compare with Culloden provides valuable insights into the varying tax landscape across Upson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Culloden Tax Rate
1.06%
Average Upson County Tax Rate
1.06%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Culloden, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31016 | 0.28% | 0.61% | 1.06% | 1.26% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Culloden, Georgia
In Culloden, 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 Upson 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 Culloden, the median home price is $82,404, with tax bills ranging from $348 at the 25th percentile to $2,532 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 31016, with a median tax bill of $806. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Culloden Assessed Value
$82,404
Average Upson County Assessed Value
$90,355
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Culloden, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31016 | $30,893 | $53,659 | $82,404 | $156,646 | $252,911 |
Source: Ownwell
Property Tax Bills Across Culloden, Georgia
In Culloden, Upson County, GA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is established by the county tax assessor. Factors such as property size, location, and improvements can influence this assessed value. The local tax rate, applied to this assessed value, ultimately determines the tax bill. For homeowners in Culloden, the financial impact varies considerably. The median home price is $82,404, leading to a broad range of tax bills. At the 25th percentile, homeowners can expect to pay around $348, while those at the 75th percentile might see bills as high as $1,553. At the 90th percentile, tax bills can reach up to $2,532. This variation highlights the importance of understanding how property values and local tax rates affect individual tax obligations. Comparing these figures to the national median property tax rate of 0.99% provides context for homeowners evaluating their property tax burden.
Average Culloden Tax Bill
$806
Average Upson County Tax Bill
$932
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Culloden, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
31016 | $142 | $348 | $806 | $1,553 | $2,532 |
Source: Ownwell