Calhoun, Georgia Property Taxes
The median property tax rate in Calhoun, GA is 1.15%, higher than both the national median of 0.99% and Georgia's state median of 1.08%. With the median home value in Calhoun at $157,300, the typical annual property tax bill reaches $1,774, which is below the national median of $2,690. Property taxes in Calhoun are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Calhoun'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 Calhoun 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
Calhoun, Georgia Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.08%
Estimate Property Tax Bill
$2,160
Ownwell’s Calhoun Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Calhoun with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Calhoun 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 Gordon County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Calhoun, Georgia
Property taxes in Calhoun, Georgia, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Calhoun is 1.15%, which is higher than the U.S. national median of 0.99%. Local government entities within Calhoun set these rates annually, and they can vary significantly across different neighborhoods. Each year, Calhoun 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 Calhoun's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30701 zip code has the highest median property tax rate of 1.15%, while the 30703 zip code has the lowest median tax rate of 1.15%. Understanding how these cities compare with Calhoun provides valuable insights into the varying tax landscape across Gordon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Calhoun Tax Rate
1.15%
Average Gordon County Tax Rate
1.15%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Calhoun, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30701 | 1.15% | 1.15% | 1.15% | 1.20% | 1.20% |
| 30703 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Calhoun, Georgia
In Calhoun, 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 Gordon 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 Calhoun, 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. For instance, the highest median tax bill in Calhoun is $3,768 in the 30703 zip code, while the lowest median tax bill is $1,774 in the 30701 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 Calhoun Assessed Value
$157,300
Average Gordon County Assessed Value
$149,900
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Calhoun, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30701 | $62,685 | $105,700 | $157,300 | $217,900 | $306,174 |
| 30703 | $328,800 | $328,800 | $328,800 | $328,800 | $328,800 |
Source: Ownwell
Property Tax Bills Across Calhoun, Georgia
Property tax bills in Calhoun, located in Gordon County, GA, are calculated based on the assessed value of a property, which is typically a percentage of its market value. For instance, if the median home price is $157,300, the assessed value would be a fraction of this amount. Local tax rates are then applied to this assessed value to determine the final tax bill. Several factors influence the tax bill, including property location, home value, and applicable exemptions. In Calhoun, the 25th percentile tax bill is $1,167, while the 75th percentile tax bill reaches $2,489, showing significant variation based on these factors. Homeowners in ZIP code 30703 experience the highest median tax bill at $3,768, whereas those in ZIP code 30701 see the lowest at $1,774. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the quality of life and property values in the community. Compared to the national median property tax rate of 0.99%, Calhoun's tax rates reflect local priorities and economic conditions.
Average Calhoun Tax Bill
$1,774
Average Gordon County Tax Bill
$1,672
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Calhoun, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30701 | $659 | $1,167 | $1,774 | $2,489 | $3,478 |
| 30703 | $3,768 | $3,768 | $3,768 | $3,768 | $3,768 |
Source: Ownwell