Acworth, Georgia Property Taxes
The median property tax rate in Acworth, GA is 0.98%, slightly below the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $253,022, the typical annual property tax bill in Acworth is $1,876, significantly lower than the national median of $2,690. Property taxes in Acworth are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Acworth'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 Acworth or another part of Bartow County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Acworth, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.98%
Estimate Property Tax Bill
$2,480
$2,301
Ownwell’s Acworth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Acworth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Acworth 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 Acworth, Georgia
Property taxes in Acworth, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Acworth is 0.98%, slightly below the U.S. national median of 0.99%. Local government entities within Acworth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Acworth 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 Acworth's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30101 zip code has the highest median property tax rate of 0.98%, while the 30102 zip code has the lowest median tax rate of 0.98%. Understanding how these areas compare with Acworth provides valuable insights into the varying tax landscape across Bartow County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Acworth Tax Rate
0.98%
Average Bartow County Tax Rate
0.84%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Acworth, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30101 | 0.17% | 0.63% | 0.98% | 0.98% | 0.98% |
30102 | 0.44% | 0.77% | 0.98% | 0.98% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Acworth, Georgia
In Acworth, 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 Bartow 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 Acworth, 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 Acworth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest median tax bill in Acworth is $2,154 in the 30102 zip code, while the lowest is $925 in the 30101 zip code.
Average Acworth Assessed Value
$253,022
Average Bartow County Assessed Value
$266,588
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Acworth, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30101 | $45,710 | $79,742 | $126,306 | $227,268 | $345,486 |
30102 | $35,969 | $114,412 | $269,000 | $343,737 | $481,935 |
Source: Ownwell
Property Tax Bills Across Acworth, Georgia
In Acworth, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the property's 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 $253,022, homeowners in Acworth can expect varying tax bills depending on specific factors such as property location within the city, exemptions, and assessment practices. Tax bills in Acworth reflect a range of values; the 25th percentile tax bill is approximately $601, while the 75th percentile reaches around $2,797. At the higher end, the 90th percentile tax bill can be as much as $3,698. The highest median tax bill in the area, found in the 30102 zip code, is $2,154, whereas the lowest median tax bill in the 30101 zip code is $925. These variations significantly impact homeowners, influencing their financial planning and overall cost of living in the city.
Average Acworth Tax Bill
$1,876
Average Bartow County Tax Bill
$2,073
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Acworth, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30101 | $302 | $506 | $925 | $1,558 | $2,818 |
30102 | $293 | $656 | $2,154 | $2,968 | $3,937 |
Source: Ownwell