Hiram, Georgia Property Taxes
The median property tax rate in Hiram, GA is 1.04%, slightly higher than the national median of 0.99% but lower than the Georgia state median of 1.08%. With the median home value in Hiram at $288,360, the typical annual property tax bill reaches $3,007, surpassing the national median of $2,690. Property taxes in Hiram are calculated based on the tax assessed value, often lower than the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Hiram'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 Hiram 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
Hiram, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.04%
Estimate Property Tax Bill
$2,999
$2,783
$1,148
Average Tax Savings
Ownwell’s Hiram Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hiram with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hiram to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Hiram. 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 Hiram, Georgia
Property taxes in Hiram, Georgia, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Hiram is 1.04%, which is higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Hiram set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hiram 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 Hiram's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30141 zip code has the highest median property tax rate of 1.04%, while the same zip code also has the lowest median tax rate of 1.04%. Understanding how these cities compare with Hiram provides valuable insights into the varying tax landscape across Cobb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hiram Tax Rate
1.04%
Average Cobb County Tax Rate
1.00%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hiram, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30141 | 0.28% | 0.94% | 1.04% | 1.09% | 1.12% |
Source: Ownwell
$1,148
Average Hiram Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hiram, Georgia
In Hiram, 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 Cobb 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 Hiram, 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 Hiram helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Hiram is $288,360, with the highest median tax bill found in zip code 30141 at $3,007.
Average Hiram Assessed Value
$288,360
Average Cobb County Assessed Value
$314,210
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hiram, Georgia
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30141 | $257,890 | $273,610 | $288,360 | $364,700 | $571,670 |
Source: Ownwell
$1,148
Average Hiram Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hiram, Georgia
In Hiram, Cobb County, GA, property tax bills are calculated based on the assessed value of a home, which is typically 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, with a median home price of $288,360, homeowners can expect to pay between $2,686 and $3,780 annually, depending on various factors such as property location and exemptions. The highest median tax bill in the area is $3,007, consistent across all zip codes. Factors that influence the tax bill include the property's assessed value, the local tax rate, and any applicable exemptions or deductions. Higher assessed values and tax rates result in higher tax bills, which can significantly impact homeowners' finances. Ownwell can help homeowners in Hiram save on their property tax bills by providing expert property tax appeal and exemption services. By identifying potential errors in assessments and ensuring all eligible exemptions are applied, Ownwell can help reduce the financial burden on homeowners.
Average Hiram Tax Bill
$3,007
Average Cobb County Tax Bill
$2,603
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Hiram, Georgia
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
30141 | $1,040 | $2,686 | $3,007 | $3,350 | $3,780 |
Source: Ownwell
$1,148
Average Hiram Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Tax Bill | |
Issued | September 1 |
Due Date #1 | September 15 |
Due Date #2 | November 15 |
Links | |
---|---|
Cobb Assessor's Office | |
Phone | (770) 528-3100 |
Website | qpublic.schneidercorp.com |
Stephen.White@cobbcounty.org |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.