Lenox, Cook County, Georgia Property Taxes
Median Lenox, GA effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Georgia state median of 1.08%.
Median Lenox, GA home value: $71,823
Median annual Lenox, GA tax bill: $674, $1,726 lower than the national median property tax bill of $2,400.
How are property taxes in Cook County calculated?
Property taxes in Lenox, GA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Lenox’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lenox, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lenox, Cook County, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$747
$693
Ownwell’s Lenox Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lenox with just two data points.
By entering your property's estimated assessed value, our calculator applies Lenox’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cook County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Lenox, Cook County, Georgia
Local government entities set tax rates, and these can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the process in a nutshell.
In Lenox, located in Cook County, Georgia, the effective property tax rate is 1.04%. This rate aligns with the highest and lowest median tax rates in the state, both recorded in the same zip code, 31637. Comparatively, Georgia's median property tax rate is slightly above the national median of 1.02%, with the national median property tax bill being $2,400.
Understanding these rates is crucial for property owners, as even small differences can significantly impact annual tax bills. Knowing how Lenox compares to other areas within Georgia and the nation can help property owners make informed decisions about property tax appeals and exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lenox Tax Rate
1.04%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cook County Tax Rate
1.08%
Median Effective Georgia Tax Rate
1.08%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lenox, Cook County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31637 | 0.58% | 0.87% | 1.04% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Lenox, Cook County, Georgia
When examining property taxes in Lenox, Georgia, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cook County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Cook County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lenox.
For example, the median home price in Lenox is $71,823, with tax bills ranging significantly across the county. Zip code 31637 has the highest median home price at $71,823.
Property Tax Assessment Values Across Lenox, Cook County, Georgia
Source: Ownwell
$48,706
$65,801
$82,896
Median Lenox Market Value
$71,823
Median Cook County Market Value
$72,595
Median Georgia Market Value
$231,400
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lenox, Cook County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31637 | $20,402 | $38,444 | $71,823 | $119,296 | $194,604 |
Source: Ownwell
Property Tax Bills Across Lenox, Cook County, Georgia
In Lenox, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. In Cook County, the assessed value typically represents a percentage of the property's market value. Homeowners in Lenox face a median tax bill of $674, significantly lower than the national median of $2,400, making it a relatively affordable area for property taxes. However, tax bills can range widely, with the 25th percentile at $361 and the 90th percentile reaching $1,845, reflecting variations in property values and assessments.
Several factors influence these tax bills, including changes in property values, local government budgets, and voter-approved measures. These elements can lead to fluctuations in tax obligations, impacting homeowners' financial planning. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners navigate these complexities. By analyzing property assessments and identifying potential savings, Ownwell can assist homeowners in reducing their tax burden, ensuring they pay only what is fair and equitable.
Median Lenox Tax Bill
$674
Median Cook County Tax Bill
$773
Median Georgia Tax Bill
$2,212
Median United States Tax Bill
$2,400
Property Tax Bills Across Lenox, Cook County, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 31637 | $171 | $361 | $674 | $1,128 | $1,845 |
Source: Ownwell