Chattahoochee, Georgia Property Taxes
The median property tax rate in Chattahoochee, GA is 1.19%, which is considerably higher than both the national median of 0.99% and the Georgia state median of 1.08%. With a median home value of $219,161 in Chattahoochee, the typical annual property tax bill reaches $2,599, slightly below the national median of $2,690. Property taxes in Chattahoochee 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 Chattahoochee'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 Chattahoochee 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
Chattahoochee, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.19%
Estimate Property Tax Bill
$2,608
$2,533
Ownwell’s Chattahoochee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chattahoochee with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chattahoochee 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 Chattahoochee, Georgia
Property taxes in Chattahoochee, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chattahoochee is 1.19%, which is significantly higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Chattahoochee set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chattahoochee 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 Chattahoochee's effective property tax rate to other counties in Georgia and the national median. For comparison, the 32324 zip code has the highest median property tax rate of 1.19%, while the same zip code also has the lowest median tax rate of 1.19%. Understanding how these cities compare with Chattahoochee provides valuable insights into the varying tax landscape across Decatur County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chattahoochee Tax Rate
1.19%
Average Decatur County Tax Rate
1.16%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chattahoochee, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32324 | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% |
Source: Ownwell
Property Tax Assessment Values Across Chattahoochee, Georgia
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Chattahoochee, 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 Decatur 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 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. For example, in Chattahoochee, the median home price is $219,161, and the median tax bill is $2,599. Notably, both the highest and lowest median tax bills are found in the 32324 zip code, each amounting to $2,599. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Chattahoochee Assessed Value
$219,161
Average Decatur County Assessed Value
$105,240
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chattahoochee, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32324 | $219,161 | $219,161 | $219,161 | $219,161 | $219,161 |
Source: Ownwell
Property Tax Bills Across Chattahoochee, Georgia
In Chattahoochee, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is a percentage of the property's market value. Homeowners in Decatur County, where Chattahoochee is located, face a median property tax bill of $2,599. This amount is significantly higher than the national median property tax rate of 0.99%, reflecting the unique valuation and tax rate policies of the area. Several factors influence the tax bill, including the property's location, size, and condition. Local tax rates, which can vary by jurisdiction within the county, also play a crucial role. For homeowners, this means that even small changes in the assessed value or tax rate can lead to noticeable differences in their annual tax bills. Understanding these factors is essential for homeowners to anticipate and manage their property tax obligations effectively.
Average Chattahoochee Tax Bill
$2,599
Average Decatur County Tax Bill
$1,188
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Chattahoochee, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 32324 | $2,599 | $2,599 | $2,599 | $2,599 | $2,599 |
Source: Ownwell