Cairo, Georgia Property Taxes
The median property tax rate in Cairo, GA is 1.23%, 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 Cairo, the typical annual property tax bill reaches $914, which is below the national median of $2,690. Property taxes in Cairo are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cairo'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 Cairo 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
Cairo, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$1,039
$964
Ownwell’s Cairo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cairo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cairo 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 Cairo, Georgia
Property taxes in Cairo, Georgia, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cairo is 1.23%, higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Cairo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cairo 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 Cairo's effective property tax rate to other counties in Georgia and the national median. For comparison, the 39828 zip code has the highest median property tax rate of 1.36%, while the same zip code also has the lowest median tax rate of 1.36%. Understanding how these cities compare with Cairo provides valuable insights into the varying tax landscape across Grady County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cairo Tax Rate
1.23%
Average Grady County Tax Rate
1.22%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cairo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39827 | N/A | N/A | N/A | N/A | N/A |
| 39828 | 0.71% | 1.14% | 1.36% | 1.48% | 1.48% |
Source: Ownwell
Property Tax Assessment Values Across Cairo, Georgia
In Cairo, 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 Grady 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 Cairo, 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. Being aware of these valuation processes in Cairo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Cairo are both $916.00, found in the 39828 zip code.
Average Cairo Assessed Value
$84,444
Average Grady County Assessed Value
$90,406
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cairo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39827 | N/A | N/A | N/A | N/A | N/A |
| 39828 | $20,367 | $40,699 | $79,171 | $132,207 | $212,379 |
Source: Ownwell
Property Tax Bills Across Cairo, Georgia
In Cairo, Grady 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 Cairo is $84,444. Local tax authorities then apply the relevant tax rate to this assessed value to determine the annual tax bill. For instance, homeowners in the 25th percentile can expect a tax bill of around $382, while those in the 75th percentile face a bill closer to $1,613. At the higher end, the 90th percentile tax bill reaches approximately $2,492. These tax bills are influenced by various factors, including property value, local tax rates, and any applicable exemptions. Compared to the national median property tax rate of 0.99%, Cairo's tax rates can vary, but they generally reflect the local economic conditions and municipal budget requirements. For homeowners, understanding these factors is crucial as property taxes represent a significant ongoing expense that impacts overall housing affordability.
Average Cairo Tax Bill
$914
Average Grady County Tax Bill
$882
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Cairo, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 39827 | N/A | N/A | N/A | N/A | N/A |
| 39828 | $163 | $409 | $916 | $1,585 | $2,473 |
Source: Ownwell