Culloden, Georgia Property Taxes
The median property tax rate in Culloden, GA is 1.20%, which is considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Culloden at $135,900, the typical annual property tax bill reaches $1,627, falling below the national median of $2,690. Property taxes in Culloden are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. 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 the city, understanding 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
$1,500,000
$3,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$1,631
$1,584
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 in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Culloden is 1.20%, 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 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with Culloden provides valuable insights into the varying tax landscape across Crawford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Culloden Tax Rate
1.20%
Average Crawford County Tax Rate
1.20%
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 | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Culloden, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Culloden, Georgia. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. This value is estimated by the Crawford 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 Culloden 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Culloden, the median home price is $135,900, with the highest and lowest median tax bills both standing at $1,627 in the zip code 31016.
Average Culloden Assessed Value
$135,900
Average Crawford County Assessed Value
$75,482
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 | $19,557 | $52,490 | $135,900 | $198,306 | $306,531 |
Source: Ownwell
Property Tax Bills Across Culloden, Georgia
In Culloden, Crawford County, GA, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Homeowners in Culloden experience a range of property tax bills, with the 25th percentile paying around $631, while those in the 75th percentile see bills closer to $2,382. The highest median tax bill recorded in the area is $1,627, which is significantly lower than the national median property tax rate of 0.99%. Various factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. These factors collectively determine the final amount a homeowner needs to pay. For instance, a home valued at the median price of $135,900 would have its taxes calculated based on the county's assessment practices and rates. Understanding these elements is crucial for homeowners as property taxes directly impact annual housing costs and overall affordability.
Average Culloden Tax Bill
$1,627
Average Crawford County Tax Bill
$910
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 | $235 | $631 | $1,627 | $2,382 | $3,682 |
Source: Ownwell