Roswell, Georgia Property Taxes
The median property tax rate in Roswell, GA is 1.05%, slightly higher than the national median of 0.99% but just below the Georgia state median of 1.08%. With a median home value of $517,380 in Roswell, the typical annual property tax bill reaches $4,848, significantly exceeding the national median of $2,690. Property taxes in Roswell are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Roswell'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 Roswell 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
Roswell, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$5,432
$5,041
Ownwell’s Roswell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roswell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roswell 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 Roswell, Georgia
Property taxes in Roswell, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roswell is 1.05%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Roswell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roswell 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 Roswell's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30075 zip code has the highest median property tax rate of 1.05%, while the same zip code also has the lowest median tax rate of 1.05%. Understanding how these cities compare with Roswell provides valuable insights into the varying tax landscape across Cherokee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Roswell Tax Rate
1.05%
Average Cherokee County Tax Rate
1.07%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roswell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30075 | 0.26% | 0.41% | 1.05% | 1.09% | 1.14% |
Source: Ownwell
Property Tax Assessment Values Across Roswell, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Roswell, Georgia. 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 Cherokee 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 in Roswell 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 Roswell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Roswell is $4848, while the lowest median tax bill is also $4848, both in the zip code 30075.
Average Roswell Assessed Value
$517,380
Average Cherokee County Assessed Value
$343,100
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Roswell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30075 | $317,500 | $449,900 | $517,380 | $574,550 | $633,520 |
Source: Ownwell
Property Tax Bills Across Roswell, Georgia
In Roswell, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Roswell, located in Cherokee County, can expect their property tax bills to reflect several factors, including the assessed value of their property and the local tax rate. The median home price in Roswell is $517,380, and the property tax rate is applied to this assessed value to determine the annual tax bill. For example, homeowners in the 30075 zip code face a median property tax bill of $4,848. However, tax bills can vary significantly. At the 25th percentile, tax bills are around $2,185, while at the 75th percentile, they rise to $5,892. The highest tax bills, found at the 90th percentile, can reach up to $6,580. These variations depend on the property's assessed value and any applicable exemptions. Understanding these factors is crucial for homeowners as they budget for annual expenses and plan for potential tax appeals.
Average Roswell Tax Bill
$4,848
Average Cherokee County Tax Bill
$3,215
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Roswell, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30075 | $1,091 | $2,185 | $4,848 | $5,892 | $6,580 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 15 |
| Tax Bill | |
| Issued | September 1 |
| Due Date #1 | September 15 |
| Due Date #2 | November 15 |
Links | |
|---|---|
| Cherokee Assessor's Office | |
| Website | beacon.schneidercorp.com |