Cedartown, Georgia Property Taxes
The median property tax rate in Cedartown, GA is 1.12%, slightly higher than both the national median of 0.99% and the Georgia state median of 1.08%. With the median home value in Cedartown at $85,495, the typical annual property tax bill amounts to $955, which is notably lower than the national median of $2,690. Property taxes in Cedartown are calculated based on the tax assessed value, often less than the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding Cedartown'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 Cedartown 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
Cedartown, Georgia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.12%
Estimate Property Tax Bill
$958
$930
Ownwell’s CEDARTOWN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in CEDARTOWN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in CEDARTOWN 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 Cedartown, Georgia
Property taxes in Cedartown, Georgia, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cedartown is 1.12%, which is notably higher than both the Georgia state median and the U.S. national median of 0.99%. Local government entities within Cedartown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cedartown 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 Cedartown's effective property tax rate to other counties in Georgia and the national median. For comparison, the 30125 zip code has the highest median property tax rate of 1.12%, while the same 30125 zip code also has the lowest median tax rate of 1.12%. Understanding how these cities compare with Cedartown provides valuable insights into the varying tax landscape across Haralson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cedartown Tax Rate
1.12%
Average Haralson County Tax Rate
1.12%
Average Georgia Tax Rate
1.08%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cedartown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30125 | 1.12% | 1.12% | 1.12% | 1.12% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Cedartown, Georgia
In Cedartown, 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 Haralson 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 Cedartown, 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 Cedartown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Cedartown's median home price is $85,495, with tax bills ranging from $596 at the 25th percentile to $1,530 at the 90th percentile. The highest and lowest median tax bill, both at $955, are found in zip code 30125.
Average Cedartown Assessed Value
$85,495
Average Haralson County Assessed Value
$113,800
Average Georgia Assessed Value
$231,400
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cedartown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30125 | $34,090 | $53,367 | $85,495 | $117,623 | $136,900 |
Source: Ownwell
Property Tax Bills Across Cedartown, Georgia
In Cedartown, located in Haralson County, GA, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence this calculation, including the property's location, size, and any applicable exemptions. For homeowners in Cedartown, the median home price is $85,495, leading to varying tax bills. The 25th percentile tax bill is around $596, while the 75th percentile tax bill reaches $1,314. At the 90th percentile, homeowners can expect to pay approximately $1,530. These figures highlight the range of property tax liabilities within the area, influenced by the assessed value and local tax rates. Comparatively, the national median property tax rate is 0.99%, and Cedartown's property tax bills align closely with this figure. Understanding these factors helps homeowners anticipate their annual property tax responsibilities and plan their finances accordingly.
Average Cedartown Tax Bill
$955
Average Haralson County Tax Bill
$1,337
Average Georgia Tax Bill
$2,212
Average United States Tax Bill
$2,690
Property Tax Bills Across Cedartown, Georgia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 30125 | $381 | $596 | $955 | $1,314 | $1,530 |
Source: Ownwell