College Park, Georgia Property Taxes
The median property tax rate in College Park, GA is 1.13%, 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 College Park at $154,400, the typical annual property tax bill reaches $1,743, exceeding the national median of $2,690. Property taxes in College Park 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 College Park'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 College Park 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
College Park, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$1,745
$1,619
$1,148
Average Tax Savings
Ownwell’s College Park Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in College Park with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in College Park 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 College Park. 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 College Park, Georgia
Property taxes in College Park, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in College Park is 1.13%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within College Park set these rates annually, and they can vary significantly across different neighborhoods. Each year, College Park 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 College Park's effective property tax rate to other areas in Georgia and the national median. For comparison, the 30349 zip code has the highest median property tax rate of 1.57%, while the 30337 zip code has the lowest median tax rate of 1.09%. Understanding how these cities compare with College Park provides valuable insights into the varying tax landscape across Fulton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average College Park Tax Rate
1.13%
Average Fulton County Tax Rate
1.05%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across College Park, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30337 | 0.97% | 1.05% | 1.09% | 1.13% | 1.13% |
| 30349 | 1.57% | 1.57% | 1.57% | 1.57% | 1.57% |
Source: Ownwell
$1,148
Average College Park Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across College Park, Georgia
In College Park, 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 Fulton 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 College Park, 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. The highest median tax bill in College Park is $2,556 in the 30349 zip code, while the lowest is $1,657 in the 30337 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average College Park Assessed Value
$154,400
Average Fulton County Assessed Value
$326,600
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across College Park, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30337 | $72,100 | $93,475 | $151,800 | $352,400 | $497,700 |
| 30349 | $163,000 | $163,000 | $163,000 | $163,000 | $163,000 |
Source: Ownwell
$1,148
Average College Park Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across College Park, Georgia
In College Park, located in Fulton County, GA, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in College Park is $154,400. Property tax rates are applied to this assessed value to determine the annual tax bill. Homeowners in this area experience a wide range of tax bills, with the 25th percentile at $1,208 and the 75th percentile at $3,119, while the 90th percentile can reach up to $4,638. This variation is influenced by factors such as property location, improvements, and local tax rates. Ownwell helps homeowners in College Park potentially save on their property tax bills by offering expert property tax appeal and exemption services. By analyzing property assessments and market conditions, Ownwell ensures that homeowners are not overpaying. Our team of experienced consultants works diligently to identify discrepancies and file appeals, aiming to reduce the tax burden and provide financial relief for homeowners.
Average College Park Tax Bill
$1,743
Average Fulton County Tax Bill
$3,345
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across College Park, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30337 | $814 | $1,027 | $1,657 | $3,197 | $4,877 |
| 30349 | $2,556 | $2,556 | $2,556 | $2,556 | $2,556 |
Source: Ownwell
$1,148
Average College Park 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 | |
|---|---|
| Fulton Assessor's Office | |
| Phone | (404) 612-6440 |
| Website | qpublic.schneidercorp.com |
| boa@fultoncountyga.gov | |
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